Residential Fees

If you have any questions on our fees, please ask a member of staff.

Fees to: Landlords

TENANT FIND: 10.2%(inc VAT) FULLY MANAGED: 9.6%(inc VAT)
Collect and remit initial month’s rent received Collect and remit the monthly rent received
Agree collection of any shortfall and payment method Pursue non-payment of rent and provide advice on rent arrears actions
Provide tenant with method of payment Deduct commission and other works
Deduct any pre-tenancy invoices Advise all relevant utility providers of changes
Make any HMRC deduction and provide tenant with the NRL8 (if relevant) Undertake two inspection visits per annum and notify landlord of the outcome
Arrange routine repairs and instruct approved contractors (providing two quotes)
Hold keys throughout the tenancy term

Tenants Fee(s)

Set up fee (tenant’s share)

£102 (inc VAT) per tenant

Referencing per tenant (identity, immigration, and visa confirmation, financial credit check, obtaining references from current or previous employers/ landlords and any other relevant information to assess affordability).
Guarantor Fee £102 (inc VAT) per guarantor of required

Covering credit referencing and preparing Deed of Guarantee as part of the Tenancy Agreement
Permitted Occupier Fee £102 (inc VAT) per permitted occupier

Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy
Admin Fee £120(inc VAT)

Preparing an Inventory and Schedule of Condition of the property, explaining how appliances function and taking meter readings for utilities and services. Preparing AST.
Pet Deposit No Pets Allowed
Amendment Fee £72 (inc VAT)

Contract negotiation, amending terms and updating your tenancy agreement during your tenancy
Renewal Fee (tenant’s share) £60 (inc VAT)

Contract negotiation, amending and updating terms and arranging a further tenancy and agreement and updating Tenancy Deposit Scheme
Check out Fee No Charge

Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposits and updating Tenancy Deposit Scheme
Future Landlord Reference Fee No Charge

Collating information and preparing a reference for a future landlord or letting agent
Out of Hours Services £180 per hour (inc VAT) plus any actual costs incurred

Where actions of the tenant results in the agent (or nominated contractor) attending the property, time to remedy the situation is charged at the prevailing rate
Unpaid Rent /Returned Payments Interest at 8% above Bank of England Base Rate from date due

Hummerstone & Hawkins is a member of the Ombudsman Services: Property

Hummerstone & Hawkins is a member of the RICS Client Money Protection Scheme