Our Service Options



What’s included

 Introduction Only Service
One month’s rent plus VAT
Subject to a minimum fee of £850.00+VAT		 Rent Collection service
Flat fee of £995.00 plus VAT & 7.5% + VAT (9% incl VAT) Monthly		 Fully Managed Service
Flat fee of £995.00 plus VAT & 12.5% + VAT (15% incl VAT) monthly

Agree market rent and find a tenant in accordance with the landlord guidelines

Advise on works required/refurbishments

Carry out accompanied viewings (as appropriate)

Market the property and advertise on relevant portals

Erect a board outside property in accordance with Town and Country Planning Act 1990

Advise on non-resident tax status and HMRC (if relevant)

The 1st Tenancy Agreement is included

Collect and remit initial month’s rent received

Collect deposit and pass to Landlord to register

Provide the tenant with payment methods

Deduct any pre-tenancy invoices

The 1st rent guarantee policy is included

The inventory is included

Deduct commission

Make any HMRC deductions and provide tenant with NRL8 (if relevant)

Agree collection of any shortfall

The check out is included

Pursue non-payment of rent and provide advice on rent arrears action

Notify relevant council of change of tenancy

Registration of the Tenants deposit with the Tenancy Deposit Scheme

Undertake periodic visits and notify the Landlord of the outcome

Arrange routine repairs and instruct approved contractors

Hold management keys for the duration of the tenancy (if provided by Landlord)


Detailed below are the renewal costs and charges for any other services we provide



Service

 Cost

Annual Deposit Registration Fee (applicable to Rent Collection & Introduction Only Landlords)
Includes:
• Registering Landlord & tenant details and protection the security deposit with the TDS.
• Provide the tenant(s) with the Deposit Certificate and Prescribed information within 30 days of start of tenancy.

£90.00 (incl. vat)

Renewal of Tenancy Agreement (all services)
Includes:
• Review of rent in accordance with current prevailing market conditions and advise Landlord
• Contract negotiation, amending and updating terms and preparation of a further tenancy Agreement
• Arranging for the tenant to attend the office and sign
• Copy being sent to Landlord by email.

£240.00 (incl. vat)

Renewal of Rent Protection Policy Policy (Rent Collection & Fully Managed Landlords)
Includes:
• Checking on arrears status – the policy can’t be renewed if tenant is in rent arrears
• Contact policy supplier to confirm cancellation or renewal of the policy
• Settle payment from the rental income

£360.00 (incl.vat)

Gas Safety Test:
Arrangement of Test and issue of each pass or fail certificate
(cost does not include any remedial works)

£108.00 (incl. vat)

Gas Safety Test and Boiler Service:
Arrangement of Test and issue of each pass or fail certificate & service of boiler
(cost does not include any remedial works)

 £180.00 (incl. vat)

EPC Report:
Arrangement of EPC Report and issue certificate to Landlord and Tenant.

£108.00 (incl. vat)

Electrical Test:
Arrangement of Full electrical test pass or fail with report
(cost does not include any remedial works).

£210.00 (incl. vat)

PAT Certificate (portable appliance test)
Arrangement of portable appliances left by Landlord for tenants use
(cost does not include any remedial works).

£108.00 (incl. vat)

Fitment of Fire Blanket in Kitchen
Supply & fitment of fire blanket to kitchen wall

£108.00 (incl. vat)

Deliver Selective Licence to Property
Includes:
• Lamination of the selective licence & attach to wall/door at Property
• Take photo of licence in place and ask Tenant to sign declaration

£36.00 (incl. vat)

Smoke alarms & CO Alarms
Includes: Arrangement of supply and fitment as per legal requirements

£108.00 (incl.vat) for 1, £180.00 (incl. vat) for 2

Section 13 & Section 21 Service
Includes: Preparation and issue of document as per terms of Tenancy Agreement

£120.00 (incl. vat)

Court Attendance (offered to Fully Managed Landlords with Able Rent Protection policy only)
Includes:
• Attending court on Landlords behalf
• Giving evidence to support claim being made

£360.00 (incl. vat) per hearing

Meeting Bailiffs (offered to Fully Managed Landlords with Able’s Rent Protection policy only)
Includes
• Accompaniment of Bailiffs to take possession of the property
• Arrange locksmith to attend at the same time (additional cost for lock change will apply)
• Provide report with findings once possession has been gained/list a schedule of works required.

£240.00 (incl. vat)

TDS (Tenancy Deposit Scheme) Claims
We will do our best to facilitate an agreement being reached a Landlord and Tenant regarding any deposit release however, if this appears not possible Landlord and/or Tenant will need to raise the claim with the TDS direct. We can supply any support documentation from the file upon request. Any decision made by the TDS is final and binding for both parties.

Selling to a Tenant
If the Landlord sells the property to the tenant a fee of 1% plus vat of the sale price is chargeable subject to a minimum of £2400.00 (incl.vat)

Repair Handling Charge/Supervision fee
Arrangement fee for ANY works over £250.00 – 12% (incl. vat)
Includes:
• Arranging access and assessing costs with contractor
• Ensuring work is carried out in accordance with the specification
• Retaining warranty or guarantee, following any works

Severance of Management Service
3 month notice is required from the end of the current tenancy end date.
The service can be reduced from a Managed Service to a Rent Collection or an Introduction Only Service with fee payable equal to:

Three weeks rent +vat from Management to Rent Collection Service
One month's rent +vat from Management to Introduction Only Service
Three weeks rent +vat from Rent Collection to Introduction Only Service



Inventory costs for Unfurnished Properties (for introduction only Landlords)

 Cost

Studio

 £156.00 (incl.vat)

1 bed flat

 £174.00 (incl.vat)

1 bed house

 £186.00 (incl.vat)

2 bed flat

 £198.00 (incl.vat)

2 bed house

 £240.00 (incl.vat)

3 bed house

 £276.00 (incl.vat)

4 bed house

 £294.00 (incl.vat)

5 bed house

 £330.00 (incl.vat)

Inventories for fully furnished properties are more expensive due to the amount of items/furniture that may need to be listed. Please refer to the above list as a starting point depending on the size of the property. Able Estates Ltd will confirm a costing BEFORE any new tenancy commences.

Check-in cost using Landlords own Inventory is £120.00 (including vat)

Check Out using Landlords own Inventory £120.00 (including vat)

Independent redress is provided by TPOs as below:

The Property Ombudsman
Milford House, 43-55 Milford Street
Salisbury, Wiltshire
SP1 2BP
Telephone :01722 333306
Website: www.tpos.co.uk
Our client money protection is provided by ARLA Propertymark



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