Landlords - Fees & Charges

 

We will talk you through all of the relevant costs involved on the marketing proposal meeting.

 

We can offer you different options when it comes to letting your home; 

Fully Managed - Set up fee of £150.00 + VAT & from 8% + VAT management fee per month

  • For our most popular option, you will only need to be registered with Rent Smart Wales

  • We market the property, conduct viewings, reference potential tenants, register their deposit and get them moved in

  • Once they are in we will collect the rent and forward it to you monthly

  • We carry out regular inspections and consult with you over any maintenance queries

 

Let Only - From 55% plus VAT of first months rent (subject to a minimum fee of £250 + VAT)

  • You will need to be licenced with Rent Smart Wales for this option

  • We market the property, conduct viewings, reference potential tenants, register their deposit and get them moved in

  • Once they are in it is your responsibility to collect the rent, carry out regular inspections and any maintenance queries

 

Vacant Property Management - From £20 + VAT per property visit

  • Landlords should ensure the correct insurances are in place (buildings, contents, void cover etc)

  • We visit the property and collect the post, turn on or off lights, open or close curtains and turn on or off the boiler

 

Additional costs are highlighted below:

  • Energy Performance Certificate & Property Floor Plan - £100 + VAT

Every property needs an EPC, whether for sale or rent, and is renewed every 10 years.
We also include the creation of a floor plan as well.

  • Gas Certificate - £55 + VAT

Every landlord who has a tenanted property will need a gas safety record for that property. Solicitors, when dealing with a sale, often ask for a record 

  • Maintenance Work Handling Charge - £5 + VAT

If we arrange maintenance work on your behalf at your property, this handling fee is charged for our administration time.

  • Property Inventory / Statement of Condition - From £65.00 + VAT

In our opinion; essential

A statement of the condition of the property before tenancy commencement, detailing the condition of the property to ensure an easy dispute resolution

  • ​Additional Inspections - £20 + VAT

Inspections requested in addition to the inspections provided by SA Property

  • Contract Amendment - £50.00 + VAT

For the renegotiation and amendment of the tenancy agreement, including tenancy renewals and rental increases

  • Notices - £50 + VAT

For the serving to the tenant the relevant notice paperwork

  • Rent and Legal Protection Insurance - £85.00 inc VAT (every 6 months)

For not just the recovery of rent arrears, it also covers property damage, 75% of rent after vacant possession, eviction of squatters and more

  • Help with Rent Smart Wales Registration - £80.00 inc VAT

For the help with registering with Rent Smart Wales, this price includes the Rent Smart Wales fee of £33.50

  • Withdrawal from Contract - £275.00 inc VAT or Pay remaining monthly management fees (whichever is greater is paid)

Charge will be applied if we have agreed an offer between landlord and tenant and then the landlord changes their mind, through no fault of the tenant

If we have moved the tenant into the property and the landlord withdraws the property from SA Property management

  • Yearly Account Statement - £25 +VAT

For the preparation and production of your yearly accounts summary

  • ​Hourly Rate - £20 + VAT

For the help with and consultation/advice of SA Property

 

**Please note that for the above options we advise that you conform with the Rent Smart Wales scheme

 

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