Skip Navigation LinksHome > Contact Us > Burchell Edwards Estate Agents in Solihull/

Burchell Edwards Solihull

explanation of our landlord fees

We are members of The Property Ombudsman redress scheme
We are covered by the ARLA Client Money Protection scheme

 

Commission, fees and chargesExplanationwithout VATinc VAT
Full Management Includes:
  • Collect and remit the monthly rent received
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Deduct commission and other works
  • Advise all relevant utility providers of changes
  • Undertake one routine visit per fixed term tenancy or once per year (whichever is the more frequent), and notify landlord of the outcome
  • Arrange routine repairs and instruct approved contractors
  • Hold keys throughout the tenancy term
16% 19.2%
Rent Collection Includes
  • Collect and remit the monthly rent received
  • Deduct commission and other works
  • Arrangement payments from rental for statutory requirements
  • Pursue non-payment of rent and provide advice on rent arrears actions
12% 14.4%
Tenant Introduction Includes
  • Collect and remit initial months’ rent received
  • Agree collection of any shortfall and payment method
  • Provide tenant with method of payment
  • Deduct any pre-tenancy invoices
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
10% 12%
Initial ChargesExplanationwithout VATinc VAT
Energy Performance Certificate (EPC) Arrange for an EPC to be commissioned to meet your landlord’s responsibilities under the Energy Performance of Buildings (England and Wales) Regulations 2012 £60.00 £72.00
tenancy agreement negotiation and preperation charge (landlord's share) Provide, negotiate and agree with your tenant a tenancy agreement to include additional clauses or amendments requested by you and/or your tenant £200.00 £240.00
supervision of an agreement presented by a third-party to the landlord Arranging for a tenancy agreement which we have not prepared to be checked for you. £325.00 £390.00
negotiating addenda to tenancy agreement Contract negotiation, amending terms and updating your tenancy agreement during the tenancy £50.00 £60.00
Unfurnished inventory check (at the beginning or end of tenancy) landlord's share Agree with tenant an inventory check date and time appointment then Instruct inventory provider to attend the property to undertake an updated Schedule of Condition based on the original inventory (cost of providing an inventory set out below) £100.00 £120.00
Furnished inventory check (at the beginning or end of tenancy) landlord's share Agree with tenant an inventory check date and time appointment then Instruct inventory provider to attend the property to undertake an updated Schedule of Condition based on the original inventory (cost of providing an inventory set out below) £120.00 £144.00
Studio (Unfurnished) Instructing an inventory provider to attend the property to undertake the creation of an inventory prior to the start of the tenancy £140.00 £168.00
Studio (Furnished) Same as above £160.00 £192.00
1 bed (Unfurnished) Same as above £150.00 £180.00
1 bed (Furnished) Same as above £170.00 £204.00
2 bed (Unfurnished) Same as above £160.00 £192.00
2 bed (Furnished) Same as above £180.00 £216.00
3 bed (Unfurnished) Same as above £170.00 £204.00
3 bed (Furnished) Same as above £190.00 £228.00
4 bed (Unfurnished) Same as above £180.00 £216.00
4 bed (Furnished) Same as above £200.00 £240.00
4 bed + (Unfurnished) Same as above £190.00 £228.00
4 bed + (Furnished) Same as above £210.00 £252.00
DepositExplanationwithout VATinc VAT
Deposit Protection Fee Fee for protecting a deposit and complying with the legal requirements of the Tenancy Deposit Scheme (TDS) on your behalf. Chargeable every 12 months or part thereof on the tenancy anniversary date £45.00 £54.00
To respond on your behalf to your tenants deposit dispute where we provide Full Management Upon your tenants registering a Deposit dispute with the TDS, Remit any disputed amount to Scheme for final adjudication, advise you on the details of your tenants claim, formulate your response and submit this to the TDs with appropriate evidence. £25.00 £30.00
To respond on your behalf to your tenants deposit dispute where we do not provide Full Management Upon your tenants registering a Deposit dispute with the TDS, Remit any disputed amount to Scheme for final adjudication, advise you on the details of your tenants claim, formulate your response and submit this to the TDs with appropriate evidence. £200.00 £240.00
RenewalsExplanationwithout VATinc VAT
Renewal fixed term tenancy agreement negotiation and preparation charge, managed (landlord’s share) Contract negotiation, amending and updating terms and arranging a further tenancy and agreement £125.00 £150.00
Renewal fixed term tenancy agreement negotiation and preparation charge, non-managed (landlord’s share) Contract negotiation, amending and updating terms and arranging a further tenancy and agreement £150.00 £180.00
Periodic tenancy arrangement fee Arranging for the tenancy to be continued on a periodic basis, to include new rent where this can be increased by agreement. £100.00 £120.00
GeneralExplanationwithout VATinc VAT
annual statement of income and expenditure Provision of a statement of income and expenditure on an annual basis to assist in the completion of your Tax Return £85.00 £102.00
Quarterly tax submission for non-UK residents with no HMRC approval To remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord or HMRC £100.00 per quarter £120.00 per quarter
annual tax declaration for non-UK resident with HMRC approval Submitting to HMRC an annual declaration for non-UK resident landlords who have HMRC approval – and respond to any specific query relating to the return from the landlord or HMRC £40.00 £48.00
annual statutory landlord rental income notification to HMRC Submitting on your behalf an annual return to HMRC for non-UK resident landlords– and respond to any specific query relating to the return from the landlord or HMRC £10.00 £12.00
copy statements (each month’s statement, or part thereof) - per request Provision of Copy statements (each month’s statement, or part thereof) - per request £25.00 £30.00
additional property visits, price per visit To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visit £50.00 £60.00
repairs (full management only). When the net cost of works exceeds £750.00 + VAT and an estimate is necessary - based on the total net invoice of works Arranging access and assessing costs with contractor; Ensuring work has been carried out in accordance with the specification of works; Retaining any warranty or guarantee as a result of any works 10% 12%
Arrange redecoration/refurbishment (full management only) - based on the total net invoice of works Arranging access and assessing costs with contractor; Ensuring work has been carried out in accordance with the specification of works: Retaining any warranty or guarantee as a result of any works 10% 12%
To obtain an estimate of works for redecoration or refurbishment. (This will be deducted from our final fee if you decide to proceed) Obtaining more than two contractors quotes works for redecoration or refurbishment and submitting them to you for approval. £100.00 £120.00
Court attendances - per day or part thereof Attending Court Proceedings with your appointed Solicitor as a Landlord witness £200.00 £240.00
service of Section 13 Notice (rent increase notice for a statutory periodic assured shorthold tenancy) Review rent in accordance with current prevailing market condition and advise the landlord, where a new rent cannot be agreed with your tenant, upon receipt of instructions prepare and serve a Section 13 Notice to increase rent for a periodic tenancy. £50.00 £60.00
Service of Section 21 Notice or Notice to Quit (not with Full Management or Rent Collection) Upon instructions prepare and serve a Section 21 Notice or Notice to Quit in order to bring your tenant’s tenancy to an end. £50.00 £60.00
legionella risk assessment A landlord has responsibility to assess and control the risk of Legionella under the HSE revised Approved Code of Practice (ACOP) and guidance Legionnaires’ disease: The control of legionella bacteria in water systems £125.00 £150.00

For more details, please contact the branch:

Burchell Edwards 29 High Street
SOLIHULL
West Midlands
B91 3SN
Telephone: 0121 705 7551 Email: solihulllettings@burchelledwards.co.uk Go to Burchell Edwards Solihull branch page

iCOOKIES

This website uses cookies to improve the overall performance of the site and give you the best user experience.

By continuing to use this website you are accepting the use of these cookies. Find out more.