We are members of Propertymark, which includes their Client Money Protection Scheme. All our deposits are registered with The Deposit Protection Service. We believe in being completely upfront regarding our fees – so you can manage the cost effectively and don’t have to worry about any hidden charges along the way.
Landlords Fees
Full Management From 10% to 13.2% of rent inclusive of vat depending on property type & confirmed at valuation stage
Set up Fee
This includes a Tenancy Agreement, Inventory Equivalent to 1.2 weeks rent inclusive of vat
& Schedule of Condition and transfer and Subject to a minimum of £360.00 inclusive of vat (£300.00 + VAT)
management of utilities.
Landlord Renewal Agreement £102.00 inclusive of VAT (£85.00 + VAT)
Landlord check-out Fee £102.00 inclusive of VAT (£85.00 + VAT)
Compliance Indemnity £13.20 inclusive of VAT (£11.00 + VAT)
Additional Fees
All additional fees listed and are only charged as required
Rental Insurance 3% of the gross monthly rent
Instruction of either a gas safety record or electrical certificate Contractor invoice + £3- arrangement.
Energy Efficiency – Compliance with EPC Regulations 2012
EPC (Energy Performance Certificate) £120.00 (£100 +VAT)
Key Cutting Invoice value plus £12 arrangement
Property Inspections and Visits
Additional visits made to the property at the specific request £42.00 inclusive of VAT per property visit (£35+VAT)
of the landlord
Legal ( All charges are included if the RENT INSUANCE has been purchased )
Providing fast track possession documents £48.00 (£40.00 + VAT)
Court appearance notes £120.00 (£100.00 +VAT)
Sales
Early Termination Fee £600.00 (£500.00+VAT)
Should the landlord sell the property with the tenant in situ then
The Landlord hereby agrees to pay White & Guard an early
Termination fee. This is waived if we sell the property.
Sale of the Property to a tenant or third party 1.5% of the sale price (1.8% inclusive VAT)
The introduction of a buyer (the tenant or third party), subject
To contract, and issue of a Sales Memorandum. Payable on
Completion of the sale.
Tenant Find Only Fees
Let Only Service for a 6-month tenancy Equilivent to 3 weeks rent plus vat
Let Only Service for a 12-month tenancy Equilivent to 5 weeks rent plus vat
Tenancy Agreement £42.00 inclusive of VAT (payable on commencement)
Protection of the tenancy deposit with Dispute Service £114.00 inclusive of VAT (payable on commencement)
Tenancy deposit dispute resolution £114.00 inclusive of VAT (payable on commencement)
RE-issuing the prescribed information subject to change in £42.00 inclusive of VAT (payable on commencement)
circumstances.
Inventory check out preparation Full Inventory services are available in branch
Renewal Agreement Fee £84.00 inclusive of VAT
Instruction of a Gas safe registered contractor £30.00 inclusive of VAT
Instruction of a Domestic Energy Assessor for EPC £120.00 inclusive of VAT
Electrical installation and appliance check £42.00 inclusive of VAT
Sale of property to the tenant of third party 1.8% of sell price inclusive of VAT
Early Termination Fee (Selling to a tenant within agreement hen fee payable to W&G) £600.00 inclusive of VAT
Tenants Fees
We are members of Propertymark, which includes their Client Money Protection Scheme. All our deposits are registered with The Deposit Protection Service. We believe in being completely upfront regarding our fees – so you can manage the cost effectively and don’t have to worry about any hidden charges along the way.
Letting fees information
White and Guard are in full compliance with the Tenant Fee Act 2019. Below we outline the Permitted Payments allowed under the Act, and under what circumstances those payments may be charged. It should be noted that the Tenant Fee Act 2019 only applies to Assured Shorthold Tenancies .
Holding Deposit
We require a payment equivalent to one weeks rent to reserve the property and allow us to commence the paperwork preparation for the tenancy. This payment will later go towards the first month´s rent but will be retained in full should the applicant fail referencing or right to rent checks, withdraw from the application or fail to enter into a tenancy agreement within 15 calendar days.
Security Deposit
We will require the equivalent of five weeks´ rent where the annual rent is less than £50,000, or six weeks´ rent where the annual rent is £50,000 or above as a security deposit and this will be registered with a government approved scheme.
Rent
Rent will be agreed in advance of the tenancy. The rent will be reviewed at the conclusion of each fixed term in accordance with the relevant clauses and provisions in the tenancy agreement.
Changes to the tenancy agreement
£50 (inclusive of VAT)
Where a tenant requests a change to the tenancy agreement (e.g. a change of sharer or permission to keep pets in the property) this fee is payable for the work involved in amending the tenancy agreement. Any changes are strictly subject to the Landlord´s consent and the Landlord is under no obligation to grant such changes.
Early Termination of Tenancy
Landlords reasonable costs which will not exceed the maximum amount of rent outstanding on the tenancy.
If the tenant wishes to leave before the end of their contracted period of tenancy, a fee is payable to compensate the landlord for any loss incurred and the costs involved in securing a replacement tenant earlier than should have been necessary. Any termination is strictly subject to the Landlord´s consent.
Utilities, Council Tax, Communication Services and TV Licence.
Tenants are responsible for paying bills in accordance with the tenancy agreement which will usually include council tax, utility payments (gas, electricity, water) and communication services (broadband, TV etc).
Late Rent Default Charges
Bank of England base + 3%
In accordance with the relevant clauses within the tenancy agreement, the tenant must pay a default fee for late payment of rent (which is more than 14 days overdue). Default fees will accumulate from the first day the rent is late, but will not be levied until 14 days thereafter.
Replacement of Lost Keys, Security Device or Remote Control
Tenants are liable for the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (Inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Completion Requirements
Prior to moving in you need to pay (1) First rent payment (2) Tenancy deposit where applicable – usually equal to one and a half months rent but you will be notified if a larger deposit is required, for instance if pets maybe kept at the property (3) check out fee
