Landlord Fees and Charges

2024-06-13

Landlord Guides

LETTING AND MANAGEMENT SERVICE 16.8% of monthly rent (Inc VAT)

INCLUDES

Assess the property and agree a rental figure and marketing strategy with the Landlord
Advertise and market the property on Crown Home’s website and major property portals
Conduct accompanied viewings with prospective tenants
Report to the Landlord on offers received and negotiate tenancy terms
Carry out referencing via a third-party referencing company
Conduct Right to Rent checks on all adult prospective occupiers
Draft and arrange execution of the Tenancy Agreement
Collect and protect the security deposit with the DPS Custodial Scheme and serve prescribed information
Serve required tenancy compliance documentation
Arrange an independent inventory and schedule of condition
Collect rent monthly, deduct commission, remit the balance to the Landlord and provide monthly statements
Monitor rent payments and chase rent arrears by written reminders
On written instruction, serve a Section 13 Notice to increase rent at the anniversary of the tenancy
Hold keys securely and act as the main point of contact for day-to-day tenant matters
Notify utility providers and the local authority of changes in occupancy
Conduct two property inspections per 12-month tenancy period and report findings in writing
Arrange and oversee day-to-day repairs and maintenance up to £300 (Inc VAT) per individual instruction without prior reference
Obtain Landlord approval for works exceeding the authorised limit, except in emergencies
In emergencies, authorise works to protect the property, comply with legal obligations or ensure tenant safety
Arrange annual Gas Safety Certificate and Electrical Installation Condition Report (EICR) as required by law
Manage the deposit return process, including proposed deductions and DPS disputes
Carry out follow-up Right to Rent checks as required
Where applicable, review and update Private Rented Sector Database property information
Where instructed, pay service charges and other property-related outgoings on the Landlord’s behalf, subject to holding sufficient funds

LET AND RENT COLLECTION SERVICE 10.8% of monthly rent (Inc VAT)

INCLUDES

Assess the property and agree a rental figure and marketing strategy with the Landlord
Advertise and market the property on Crown Home’s website and major property portals
Conduct accompanied viewings with prospective tenants
Report to the Landlord on offers received and negotiate tenancy terms
Carry out referencing via a third-party referencing company
Conduct Right to Rent checks on all adult prospective occupiers
Draft and arrange execution of the Tenancy Agreement
Collect and protect the security deposit with the DPS Custodial Scheme and serve prescribed information
Serve required tenancy compliance documentation
Arrange an independent inventory and schedule of condition
Collect the first month’s rent and deduct Crown Home’s commission before remitting the balance to the Landlord
Arrange key handover at the commencement of the tenancy
Collect rent monthly, deduct commission, remit the balance to the Landlord and provide monthly statements
Monitor rent payments and notify the Landlord promptly if rent is in arrears
Chase rent arrears by written reminders
On written instruction, serve a Section 13 Notice to increase rent at the anniversary of the tenancy

ADDITIONAL FEES AND CHARGES

Fees may be reviewed on 30 days’ written notice. Amounts shown below are the customer-facing prices stated as Inc VAT where marked.

Letting Service Set Up Package Fee £480 (Inc VAT)
Referencing £60 (Inc VAT)
Deposit Registration Fee £60 (Inc VAT)
Landlord AML / ID check (initial and annual refresh) £12 (Inc VAT)
Right to Rent Check £60 (Inc VAT)
Tenancy Agreement £300 (Inc VAT)
Non-Resident Landlord Scheme Application (Arrangement Fee) From £120 (Inc VAT)
PRS Database Registration Assistance £72 (Inc VAT)
Transfer Rent to An Overseas Account £15 (Inc VAT) per transaction
Section 8 (Arrangement Fee) £240 (Inc VAT)
Service of Section 13 (Rent Increase) From £300 (Inc VAT)
Tenancy Variation / Replacement Tenancy Documentation (NHAT only) £120 (Inc VAT)
Tenancy Handover Fee (Termination) £420 (Inc VAT)
Non-Resident Landlord Tax Admin (per quarter) From £90 (Inc VAT)
Consolidated Statement for Non-Resident (Per Property) £75 (Inc VAT)
Landlord Tax Year Summary (Per Tax Year) £120 (Inc VAT)
Bookkeeping / income & expenditure report (Per Tax Year) £120 (Inc VAT)
Re-sending Landlord Statement £60 (Inc VAT)
Change of Sharer £250 (Inc VAT)
Acting as your Power of Attorney £360 (Inc VAT)
Court Attendance (Per Day) £400 (Inc VAT)
Deposit Dispute Fee £250 (Inc VAT)
Vacant Period Utility Bills Management £100 (Inc VAT)
Additional Property Visits £120 (Inc VAT)
Additional Works £120 (Inc VAT)
Works Supervision (works over £2,500) 12% of net invoiced cost + VAT
Inventory Check-in £144 - £360 (Inc VAT), depending on property size
Inventory Check-out £144 - £360 (Inc VAT), depending on property size
Pre-tenancy Cleaning From £360 (Inc VAT)
Selective / Additional Licence Application (Arrangement Fee) From £360 (Inc VAT), plus licence fee
HMO Licence Application From £360 (Inc VAT), plus licence fee
MVHR (Mechanical Ventilation with Heat Recovery) From £350 (Inc VAT)
Electrical Installation Condition Report (EICR) Arrangement Fee From £42 (Inc VAT), plus contractor cost
Gas Safety Certificate Arrangement Fee From £42 (Inc VAT), plus contractor cost
EPC (Energy Performance Certificates) Arrangement Fee From £42 (Inc VAT), plus contractor cost
FCU (Fan Coil Unit) £96 - £600 (Inc VAT)
HIU (Heat Interface Unit) From £350 (Inc VAT)
Management Functions for Non-managed Service (Per Hour) From £300 (Inc VAT)