Landlord Fees - Smiths Property Experts

Landlord Fees

Landlord Fees

FULLY MANAGED SERVICE

INITIAL FINDING FEE	£500 INC VAT
MONTHLY MANAGEMENT FEE Includes – collection of rent, chasing rent arrears, all repairs, annual review of rent	12% INC VAT
REGISTERING DEPOSIT WITH DPS	INCLUDED (Only if Landlord instructs us to compile Inventory)
INVENTORY AND PHOTOGRAPHIC SCHEDULE OF CONDITION PREPARATION	£150 INC VAT
REFERENCING FEE	£36 INC VAT PER APPLICANT (TENANT OR GUARANTOR)
SUBSEQUENT RE-LET FEES	£384 INC VAT
UPDATE INVENTORY UPON RE-LET	£60 INC VAT
TENANCY RENEWAL (6 OR 12 MONTHS)*	£72 INC VAT
FINAL INSPECTION/CHECK OUT	INCLUDED IN MANAGEMENT FEE
SERVING OF NOTICES (S21/S13)	INCLUDED IN MANAGEMENT FEE
DEPOSIT DISPUTE AND RESOLUTION*	£50 INC VAT PER HOUR
TERMINATION OF MANAGEMENT*	3 MONTHS MANAGEMENT FEE PLUS £120 INC VAT AGENT SWITCH
AD HOC PROFESSIONAL FEES*	£60 INC VAT PER HOUR

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*	£100 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.

Negotiator_Img

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!

Negotiator_Img

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.”

Latest News

Expansion into the Charnwood Forest

We are thrilled and proud to announce the opening of our third office, set up ...

Property Market Update – All eyes on the Autumn Statement

Behind a backdrop of negative media rhetoric surrounding the UK property market, 2023 has seen ...

June Market Update

Inflation, rising interest rates, and what that means for you in the local housing market. ...

Loughborough

18 Devonshire Square
Loughborough
Leicestershire
LE11 3DT

East Leake

42 Main Street
East Leake
Loughborough
LE12 6PG

Quorn

44 Station Road
Quorn
Loughborough
LE12 8BS

quick links

Follow us for updates

© 2023 Smiths Property Experts

Built by The Property Jungle