Fees

Landlord Fees

We are a member of ARLA Propertymark, adhering to a strict code of conduct for the protection of both landlords and tenants. Arising from this, we are members of the Client Money Protection Scheme, meaning that your money is ring-fenced and fully insured, so that you will never lose it. We are also members of the Property Ombudsman Scheme which means that we adhere to a code of practice that promotes higher standards than those legally required for the letting industry.

All fees are charged monthly, so rent is paid from Month #1

Stella Hockley Property Management Limited is not currently registered for VAT as it falls below the threshold for registration

Deluxe Service 20%

Fully Managed Service 15%

Rent Collection Service 12%

Management Only 7%

Property Handover £500

Vacant Property Care £100/month upwards, depending upon requirements

Property Refurbishment or work over £2500 – arrangement fee 10% of net cost

Obtaining more than 2 quotes £50 per quote

Waiting at a property for deliveries or repair men £50 per hour subject to a 2 hour minimum

Insurance claims £50 per hour

Certification

Gas Safety £120

PAT Test £75

Electrical Installations (5-yearly) £275

EPC £75

HMO License Application handling £250

HMO License Holding £100 p.a.

Pre-Letting

Tenancy Agreement £200

Right to Rent Checks £50

Creation of new Inventory £150 upwards – please ask for a quotation

Check-in £200 upwards – please ask for a quotation

Deposit Registration £25

Financial

HMRC Quarterly Return (where no approval granted) £100

Payments outside of the UK £25 Subject to change by the bank

Same day payment £25 Subject to change by the bank

Copy Statements £25

Annual Income & Expenditure Statement for Tax purposes £150

Rent Guarantee £150 p.a. upwards – please ask for a quotation

Legal

Section 21 Notice £50

Court attendance £250 ½ day or part thereof

Miscellaneous

Cancelling before a Tenant moves in, by no fault of the Tenant or Agent £500

A deposit of £500 will be collected before any marketing commences

Sale of property 2%