Roger Platt 25-29 Queen Street Maidenhead Berkshire SL6 1NB T 01628 760038 F 01628 770781 E [email protected] LANDLORDS Summary of Costs Our Services Option 1 - Management service Our full management service is 10% of the monthly rent with a set up cost of £210.00 administration fee and £42.00 for TDS registration. A total of £252.00. We have our own dedicated support centre, which handle all queries with regards to maintenance issues along with a client accounts department. With this service we will require a management float for repair of £200.00 this is for emergency works if a problem arises during mid month periods. Option 2 - Letting and Rent Administration (we collect the rent, issue statements each month and chase late payments if any. Landlord to deal with tenants maintenance issues and inspections) = letting fee of 7% of monthly rent + VAT and set up costs of £252.00 (£175 + Vat Administration and £35 + VAT Tenant Deposit Scheme registration). Also available when Sequence collects the rent on your behalf is Rent & Legal Protection Insurance charged at 2.75% of the monthly rent (plus Insurance Premium Tax @ 6%) example: Rent = £800pcm – Premium is £23.32 Inc Vat per month and is taken from the monthly rental. Option 3 - Introduction service (Find a tenant only - landlord to deal with tenant from move in to include rent collecting) = One off payment of 6%+ VAT. (Minimum fee £600+vat) We still protect the deposit for you on this service if required. See our terms of business for more information on our services and what we can do for you Additional costs and items required in order to rent your property Things we need which are legal requirements EPC (Energy performance certificate) All properties must have an EPC. (We can organise, valid for 10 years) £79.00 + VAT Gas Safety Certificate, valid for 12 months. If the property has gas then it needs a GSC by law. (We can organise) £85.00 including VAT Below items are not a requirement, but are a recommendation as law states things need to be safe; EICR (Electrical Installation Condition Report) (Lasts for five years) - Please ask for a quote PAT (portable appliance test) Testing (Valid for 12 months) – Price depends how many items to be checked Inventory (Schedule of condition) We will use an independent inventory company. It is important that you have an inventory in place for any property to protect yourself against any dilapidations that may occur during the tenancy. Without an inventory you will not be able to make a claim against the deposit. If you choose to do your own it can be seen as a biased version of the properties condition and may not stand as evidence. Price for inventory depends on size of property: 1 Bedroom 2 Bedroom 3 Bedroom 4Bedroom Inventory prices at £100 + VAT £110+ VAT £135 + VAT £155 + VAT Check in prices at £105 + VAT £110+ VAT £125 + VAT £140 + VAT DOCUMENTATION/INFORMATION REQUIRED FROM YOU PROOF OF IDENTIFICATION & PROOF OF CURRENT ADDRESS (Original documents or clear copies of photo identification and either a utility bill or bank statement etc which must be no more than three months old) TERMS OF BUSINESS If not already returned – clearly stating which option you will be using such as full management or find a tenant only and also your bank details and signed. EPC – or instructions for EPC GAS SAFETY CERTIFICATE – If the property has gas, we must have an in date copy. This can be arranged once a tenant has been found and referenced. INVENTORY – We need your instructions as to whether you will be using our services for an inventory and or a professional check in, or whether you will be providing your own inventory. For any further questions, please contact Hazel the Lettings Manager at our Maidenhead branch on the above contact number or email address. Thank you.
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