Landlord Fees
As specialist in the retirement property sector Girlings offer competitive fees to our landlords.
Click the link to download our full Fee Schedule.
Initial fees including management fees are shown below:
All fees include VAT
Lettings Appraisal Fee – £100.00
A representative of Girlings will visit the property and prepare a letting appraisal. We will provide a written report with any recommendations for works to be done prior to letting the property. We will then market the property to find a tenant. Please note: we reserve the right to refuse to market the property on your behalf if such works are not carried out. (Payable on signing our terms and conditions of business)
Fully Managed Service Fee
Year One – 18% of monthly rent payable (e.g. £126 pcm fee based on a rent of £700 pcm)
Year Two and each subsequent year of the same tenancy – 12% of monthly rent payable (e.g. £84 pcm fee based on a rent of £700 pcm)
Services included in this fee:
- Agree the rental value
- Provide guidance on compliance with statutory provisions and letting consents
- Market the property on relevant portals
- Advise on non-resident tax status and HMRC (if relevant)
- Demand, collect and remit the monthly rent
- Deduct any pre-tenancy invoices
- Pursue non-payment of rent and provide advice on rent arrears actions
- Undertake an annual routine visit and notify the outcome to the landlord
- Arrange routine repairs and instruct approved contractors (providing quotes)
- Security deposit dilapidation negotiations
- Manage tenant queries and complaints
Tenancy Set Up Fee – £372 including commission
This fee is deducted from the first month’s rent.
Services included in this fee:
- Arranging of Tenancy Agreement and Referencing
- Inventory and Accompanied Check In
- Deposit Registration fees – Register landlord and tenant details and protect the security deposit.
- Land Registry Searches
Pre Tenancy Fees – Arranging and facilitating statutory compliance.
Please note: Landlords are not obliged to order compliance via Girlings and are welcome to arrange their own reports and certificates.
Energy Performance Certificate (EPC) & floorplan – £84
Electrical Installation Condition Report (EICR) – £222– (£192 inc VAT plus £30 admin fee) – there may be additional costs if minor works or a new consumer unit/ isolator is required. Please note: EICR is compulsory for Girlings landlords
Alterations to Tenancy agreement – £50 – minimum administration fee
IF APPLICABLE
Selective Licensing – £300 Handling local authority licensing application in required council areas
Gas Safety Certificate (GSR) – £30
Accreditation
Girlings are proud to be members of key governing bodies, ensuring that our landlords receive the highest level of customer service.