A holding deposit of up to one weeks rent, is payable to take the property off the market.
A Tenancy Deposit of 5 weeks rent is payable in cleared funds prior to the Tenancy start date.
Rent in advance is limited to one month’s rent for new tenancies.
Sherwoods offer 3 different services to the landlord:
Full Management -Our Full Management fee is 12% + VAT of the annual rent. Calculation: Monthly rent × 12 × 12% + VAT (20%) invoiced annually
Introduction & Rent Collection - Our Introduction & Rent Collection fee is 10% + VAT of the annual rent. Calculation: Monthly rent × 12 × 10% + VAT (20%) invoiced annually.
Introduction Only - Our Introduction Only fee is 8% + VAT of the annual rent. Calculation: Monthly rent × 12 × 8% + VAT (20%) invoiced for the first 12 months.
Agreement Administration fee £250.00 including vat (£208.33 excluding vat)
Fee for the registration and payment of the deposit £100.00 including vat (£83.33 excluding vat)
Arrangement of Energy Performance Certificate £85.00 including vat
Any changes made to Sherwoods Independent Estate Agents Ltd tenancy agreement £100.00 including vat (£83.33 excluding vat)
Fee to provide a copy of your tenancy agreement from archive filing £75.00 including vat (£62.50 excluding vat)
Arrangement of a Landlords Gas Safe Certificate or Electrical certificate contractors’ invoice plus £30.00 including vat (£25.00 excluding vat)
Fee for setting up Rent Guarantee and Legal Protection insurance £50.00 including vat (£41.67 excluding vat)
Tenancy deposit dispute resolution, arranging for the submission of and responding to a tenancy deposit dispute with the DPS £120.00 including vat (£100.00 excluding vat)
Arranging and signing of a tenancy deposit statutory declaration for the DPS £120.00 including vat (£100.00 excluding vat)
Additional visits or spot checks made to the property on request of the landlord £80.00 including vat (£66.87 excluding vat)
Shopping fee for purchases on behalf of the landlord £50.00 including vat (£41.67 excluding vat)
Project management on behalf of the landlord for any major works exceeding £500.00 plus vat (£600.00 including vat) 12% of the contractor s invoice including vat.
Key cutting will be charged at the contractor s invoice plus £30.00 including vat (£25.00 excluding vat)
Fee for arranging the check in, check out and inventory £60.00 including vat (£50.00 excluding vat)
Prehistoric accounts recovery £100.00 including vat (£83.33 excluding vat)
If a carbon monoxide detector is not present fee of £30.00 including vat (£25.00 excluding vat) will be charged plus the contractor s invoice.
If a smoke alarm is not present fee of £30.00 including vat (£25.00 excluding vat) will be charged plus the contractor invoice.
Sale of a property to a tenant 2% excluding vat of the sale price.
Rent guarantee insurance £400.00
Tribunal costs for the challenge of a section 13 notice – Charged at our professional hurly rate
Section 13 Notice (For our introduction/let only service) £300.00 including vat (£250.00 excluding vat)
Arrangement of Legionella risk assessment £50.00 including vat (£41.67 excluding vat) plus contractor’s invoice.
Professional hourly rate charged at £100.00 per hour.
Contact cancellation fee (during a tenancy) – Where the landlord cancels the Agent’s instructions to provide a Let only, rent collection or full Management Service, the agent will charge the minimum fee that would be payable for their Let Only Service plus any other costs incurred.
Sherwoods Independent Estate Agents Ltd are members of The Property Ombudsman and are members of Money Shield, client money protection scheme.
