At Elwell Taylor we endeavour to be competitive but also providing the standard of service we are know for. 

 

Our monthly managment fee is 10% + VAT of the rent. 

 

PLEASE SEE OUR FULL FEE SCHEDULE BELOW:

 

Fully Managed Service

Agree the Rental Value & Monthly Management Fee

Contract Negotiation

Provide guidance on compliance with statutory provisions such as EPC, EICR, GSI and letting and arrange for these to be undertaken by suitable contractors if required (contractor’s costs charged at cost with no markup or commissions paid)

Advise on refurbishment requirement consents

Erect board outside of property (where possible) in accordance with Town & Country Planning Act 1990

Market the property & advertise on relevant portals (Rightmove etc.)

Carry out accompanied viewings (as appropriate)

Find Tenant(s)

Reference Tenant(s)

Right to Rent checks including follow up checks

Arranging & Signing of Assured Periodic Tenancy Agreement

Deposit Registration with the TDS

Arrangement of pre-tenancy Inventory

Arrangement of payments for statutory requirements

Pursue non-payment of rent and provide advice on rent arrear actions

Arrange two routine visits per annum & provide Landlord & Tenant a copy of the report

Arrange routine repairs & instruct approved contractors

Security deposit dilapidation negotiations

Hold keys throughout the tenancy term

Advise Tenant(s) of current utility providers

Carry out an exit inspection after tenants have vacated the property

 

Additional Services

Letting / Re-Letting Fee 70% of the first months rent + VAT

Guarantor Referencing £45 + VAT

Permitted Occupier Fee £75 + VAT

 

During Tenancy

Additional Property Inspections (2 included in full management) £45 + VAT

Serving Section 13 Notice /Annual Rent Review £125 + VAT

Tribunal, following rent review – any additional work required for tribunal proceedings charged hourly rate to be agreed on a case-by-case basis TBC

 

  End of Tenancy

Serving Section 8 Notice – any additional work required for court proceedings charged hourly rate to be agreed on a case-by-case basis
£195 + VAT

Tenancy Dispute Fee - to include the costs associated with the preparation of evidence & submitting the case to the TDS as well as dealing with all correspondence relating to the dispute.
£150 + VAT

 

HMRC Information for Landlords

NRL8 – approval notice issued to non-resident landlords £150 + VAT

Annual statement of income and expenditure HMRC £35 + VAT

Quarterly statement of income and expenditure for HMRC £35 + VAT/quarter

 

 

Tenant Fees

Permitted Payments

As well as paying the rent, as a tenant of Elwell Taylor Ltd you may also be required to make the following permitted payments.

Permitted payments for properties in England under the Tenant Fees Act 2019, means that in addition to rent, as lettings agents we can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:

• Holding deposits (a maximum of 1 week's rent); This is non-refundable if the applicant fails referencing due to non-disclosure of information or decides to pull out of the agreement.
• Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above);
• Payments to change a tenancy agreement eg. change of sharer - £40 + VAT
• Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); this will include rent owed and utilities for that period. 
• Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence;
• Council tax (payable to the billing authority);
• Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate);
• Reasonable costs for replacement of lost keys or other security devices;
• Contractual damages in the event of the tenant's default of a tenancy agreement; and
• Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.

 

Tenant Protection 

Elwell Taylor Ltd are members of
Property Redress Scheme - PRS012214
Propertymark (Client Money Protection) - M00013997