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Landlord Services and Fees

Landlord’s Fees

Fully Managed Package

  • A Monthly Management Fee of 10% - 12% + vat (12% - 14.4% inc vat) will be deducted from the monthly rent, for Overseas Landlords a management fee of 12.5% (15% inc. VAT) will be required.
  • A Setup fee of £199.00 (£238.80 inc VAT) is required
  • If you have agreed to renew the tenancy with your Tenants, An End of Tenancy Administration & Renewal Fee of £125 + vat (£150 inc vat) is required.
  • To register the deposit a fee of £50.00 (£60.00 inc VAT) is required.
  • For each tenant reference and right to rent a fee of £65.00 (£78.00 inc VAT) is required.
  • Should a dispute be raised with the TDS, a charge of £200.00 (£240.00 inc VAT) will be applied to provide the TDS with relevant paperwork
  • If you wish to terminate your contract, 6 months’ notice is required and a fee of a months’ rent plus vat is payable by you.
  • If you are an Overseas Landlord and you fail to provide an NRL exemption certificate; a fee of £50.00 (£60.00 inc VAT) per quarter is required
  • You are liable for the cost of the inventory & check out; Studio £140 plus vat (£168 inc vat) Studio; 1 bed £150 plus vat (£180 inc vat); 2 bed £165 plus vat (£198 inc vat); 3 bed £185 plus vat (£222 inc vat); 4 bed + £195 plus vat (£234 inc vat). Check in - By Law Smoke detectors must be tested on the first day of tenancy, you are liable for this cost of £80.00 plus vat (£96 inc vat), Check out up to 2 bed £120 plus vat (£144.00 inc vat), Check out over 2 bed £150.00 plus vat (£180 inc vat).
  • If your tenant purchases the property they are renting, Slades Lettings will be entitled to 1% + vat of the sale price.

Tenant Find Bundle

  • A set-up fee of 50% of the first month’s rent or £400.00 (£480.00 inc VAT) is required, whichever is the greater
  • A fee of £150 plus vat (£180 inc VAT) is required to cover the cost of a check out which is carried out by an independent company (if we register the deposit on your behalf)
  • A fee of £80 plus vat (£96 inc VAT) is required for a check-in. By Law smoke detectors must be tested on the first day of tenancy.
  • To register the deposit a fee of £50.00 (£60.00 inc VAT) is required.
  • For each tenant reference and right to rent a fee of £65.00 (£78.00 inc VAT) is required.
  • A fee of £125.00 plus vat (£150.00 inc VAT) is required for a tenancy extension
  • Should a dispute be raised with the TDS, a charge of £200.00 plus vat (£240.00 inc VAT) will be applied to provide the TDS with relevant paperwork. This is conditional upon a checkout being conducted by an inventory company. We are not able to represent you if this is not provided.
  • You are liable for the cost of the inventory & check out; Studio £140 plus vat (£168 inc vat) Studio; 1 bed £150 plus vat (£180 inc vat); 2 bed £165 plus vat (£198 inc vat); 3 bed £185 plus vat (£222 inc vat); 4 bed + £195 plus vat (£234 inc vat). Check in - By Law Smoke detectors must be tested on the first day of tenancy, you are liable for this cost of £80 plus vat (£96 inc vat), Check out up to 2 bed £120 plus vat (£144.00 inc vat), Check out over 2 bed £150.00 plus vat (£180 inc vat).

Additional Services

  • A fee of £60.00 (£72.00 incl. VAT) is required for any physical management visits.
  • If you would like for us to carry out a Gas Safety & service on your property a fee of £95.00 plus vat (£114.00 inc VAT) is required
  • If you would like for us to carry out an Energy Performance Cert a fee of £100.00 plus vat (£120.00 inc VAT) is required
  • If you would like for us to supply & install a Carbon Monoxide detector a fee of £62.17 + vat (£74.60 inc vat) is required
  • If you would like for us to supply & install a Smoke Alarm a fee of £58.33 + vat (£64.60 inc vat) is required
  • If you would like for us to carry out a Legionnaires Risk Assessment, a fee of £66.00 plus vat (£79.20 inc VAT) is required
  • If you would like for us to carry out PAT Testing, a fee of £66.00 plus vat (£79.20 inc VAT) is required.
  • For additional key cutting, the cost may vary due to retailer costs
  • If you wish to withdraw from an agreed let, a fee of £150.00 plus vat (£180.00 inc VAT)
  • Contractor’s invoices may be subject to agent’s commission
  • Insurance claim administration £150 plus vat (£180,00 inc vat)
  • If you would like us to serve notice on a let only tenancy, a fee of £150 plus vat (£180 inc vat) is required
  • Should the tenants we introduced to rent your property purchase your property, Slades Lettings will be entitled to 1% + VAT of the sale price. 
  • Rent increase on a periodic tenancy £75 plus vat (£90.00 inc vat) 
  • If your tenant purchases the property they are renting, Slades Lettings will be entitled to 1% + vat of the sale price.

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