Landlord Fees - Smiths Property Experts

Landlord Fees

Landlord Fees

FULLY MANAGED SERVICE

INITIAL SET UP FEE INCLUDES MARKETING, PROFESSIONAL PHOTOGRAPHY, A FLOORPLAN, BOARD, ACCOMPANIED VIEWINGS, REFERENCING, TENANCY AGREEMENT, DEPOSIT REGISTRATION WITH DPS (ONLY IF WE ARE INSTRUCTED TO COMPILE AN INVENTORY*), AND UTILITY NOTIFICATION	£600
MONTHLY MANAGEMENT FEE INCLUDES – COLLECTION OF RENT, CHASING RENT ARREARS, CO-ORDINATION OF REPAIRS, BI-ANNUAL VISITS	12%
MONTHLY MANAGEMENT FEE WITH RENT GUARANTEE AND LEGAL PROTECTION* FULL RENT GUARANTEE, LEGAL PROTECTION INCLUDING SERVING OF NOTICES AND LEGAL COSTS, PLSU 75% OF RENT COVERED FOR A VOID PERIOD UP TO 3 MONTHS	18%
INVENTORY AND PHOTOGRAPHIC SCHEDULE OF CONDITION* COST VARIES DEPENDING ON THE SIZE OF THE PROPERTY AND IF IT IS LET FURNISHED OR UNFURNISHED	From £150
FINAL INSPECTION/CHECK OUT INCLUDING REPORT	£90
SUBSEQUENT RE-LET FEES	£450
UPDATE INVENTORY UPON RE-LET	£90
RENT AND LEGAL PROTECTION INSURANCE*	5% OF MONTHLY RENT
TENANCY RENEWAL (6 OR 12 MONTHS)*	£72
SERVING OF NOTICES*	£90 PER NOTICE
ADDITIONAL PROPERTY VISITS* IF MORE THAN THE BI-ANNUAL VISITS STATED ABOVE	£60 PER VISIT
AD HOC PROFESSIONAL FEES* INC DEPOSIT DISBUTE AND RESOLUTION	£60 PER HOUR
QUARTERLY AND ANNUAL SUBMISSION TO HMRC FOR OVERSEAS LANDLORDS *	£36 PER QUARTER

LET ONLY SERVICE

INITIAL FINDING FEE	50% OF MONTHLY RENT + VAT (SUBJECT TO A MINIMUM FEE OF £700 INC VAT)
REGISTERING DEPOSIT WITH DPS**	£50 INC VAT
INVENTORY AND PHOTOGRAPHIC SCHEDULE OF CONDITION PREPARATION**	£150 INC VAT
REFERENCING FEE	£36 INC VAT PER APPLICANT (TENANT OR GUARANTOR)
PROPERTY VISIT AND REPORT	£60 INC VAT
SUBSEQUENT RE-LET FEES	£480 INC VAT
UPDATE INVENTORY UPON RE-LET**	£90 INC VAT
TENANCY RENEWAL (6 OR 12 MONTHS)*	£120 INC VAT
FINAL INSPECTION/CHECK OUT*	£120 INC VAT
SERVING OF NOTICES (S21/S13)*	£120 INC VAT PER NOTICE
DEPOSIT DISPUTE AND RESOLUTION*	£60 INC VAT PLUS £50 PER HOUR INVOLVED
ARRANGMENT OF SAFETY CERTIFICATES* (EICR/EPC/GAS SAFETY)	£30 INC VAT PLUS COST OF SAFETY CERTIFICATE
AD HOC PROFESSIONAL FEES*	£60 INC VAT PER HOUR

ADDITIONAL

EPC (ENERGY PERFORMANCE CERTIFICATE)*	£120 INC VAT
EICR (ELECTRICAL INSTALLATION CONDITION REPORT)*	£180 INC VAT
GAS SAFETY CERTIFICATE*	£108 INC VAT
LEGIONNAIRES RISK ASSESSMENT*	£120 INC VAT
SMOKE ALARM*	£60 INC VAT PER UNIT REQUIRED
CARBON MONOXIDE ALARM*	£36 INC VAT PER UNIT

*FEE IS ONLY APPLICABLE IF REQUIRED

** PLEASE NOTE THAT WE SHALL ONLY REGISTER THE DEPOSIT WITH DPS SHOULD YOU
CHOOSE TO INSTRUCT US TO COMPLETE AN INVENTORY AND PHOTOGRAPHIC SCHEDULE
OF CONDITION

Our Partners

Our network of trustworthy local professionals can assist you with a wide range of property-related services that extend beyond the scope of a traditional estate agency.

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Managing Director

Tom Smith

At 35, Tom has been immersed in the local property market throughout the Midlands for over 10 years. Formerly he was a Senior Partner at one of the faster growing and reputed independent estate agencies in Leicestershire. Raised locally and into an entrepreneurial family, Tom was schooled at Ratcliffe College, and his grandfathers were the Managing Director at Raleigh Cycles in Nottingham and Foreman at Rolls Royce in Mountsorrel. His father formerly owned and operated Simpkin & James Wines in Leicester, but it was his mother, an international hair stylist from Barrow upon Soar (Jane Gilks) to whom he attributes his drive and determination to succeed. “My mother instilled the values of hard work, manners and what it takes to succeed from an early age. My parents' efforts to involve our family in competitive sports helped too. I am immensely proud of my career and achievements to date, which include completing transactions on some of the region's highest value properties. Whilst my achievements are dear to me, ultimate satisfaction comes from helping local people to achieve their property goals. I cannot wait to continue helping clients new and old navigate the property market for years to come.” Tom has a passion for all things property, cricket, and rugby, and is still chasing his dream of racing cars on a professional stage; for now, he will have to make do with club racing!

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Director

Lucinda Smith

For Lucinda, marketing is everything. She was at her previous company for nine and a half years, where she gained a traditional set of training, excellent experience, and a good grounding in estate agency. In her role there as Marketing Director, she was integral to the company’s overall presentation, synonymous with its growth. Lucinda has lived throughout Leicestershire and Nottinghamshire her entire life. She was schooled at Our Lady’s Convent School in Loughborough and has a Business and Marketing Management degree from Oxford Brookes University. “I am extremely excited about the launch of Smiths. I have huge respect for Tom, his knowledge, and his understanding of the market. I believe we align in our work ethic, are driven to be the very best at what we do and take great joy and satisfaction in helping clients achieve their property goals. We aim to build upon the core values of estate agency with creativity and innovation, helping clients with all their property queries or concerns, and encompassing many related services under one roof.”

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