Landlord Fees
We manage so you don't have to
Moorhouse Property Services provides four levels of services to Landlords – Guaranteed Rent, Full-Managed, Rent Collection and Tenant Find Only.
Please find brief details of each service and the relevant fees.
All fees are inclusive of VAT @ 20% unless otherwise noted.
1. GUARANTEED RENT
No fees or commisions to pay - we pay you.
02. FULLY-MANAGED
Provision of the Moorhouse Property services as detailed in the Landlord Terms of Business which includes:
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Free, no obligation valuation of rental properties
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Preparation of the property - staging & and photos
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Advertise the property on all the major property portals
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Accompanied Viewings
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Tenant Referencing, Credit checks & background checks
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Tenancy Agreements & Legal Documentation.
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Collecting the deposit and first instalment of rent
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Registration of deposit with government-approved Tenancy Deposit Scheme
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Monthly rent payment collection & and chasing late rent when required.
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Inventory and Schedule of Condition
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Tenancy renewal and annual rent review
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Periodic Property Inspections
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Maintenance handling & and coordination of repairs
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Arrange Gas Safety Checks EICR and EPC
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Hold keys throughout the tenancy
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Tenant check out & deposit return
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Provide updates and advise on new legislative changes and deal with these on your behalf during the tenancy
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Provide Tenants with 24/7 emergency & and hours support
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For HMOs - Monthly management visits to complete fire safety checks
Costs:
Prices vary according to the size of the property but start at 8% per month deducted from the rent as received, with no start-up fee.
03. RENT COLLECTION
Provision of the Moorhouse Property services as detailed in the Landlord Terms of Business which includes:
-
Free, no obligation valuation of rental properties
-
Preparation of the property - staging & and photos
-
Advertise the property on all the major property portals
-
Accompanied Viewings
-
Tenant Referencing, Credit checks & background checks
-
Tenancy Agreements & Legal Documentation.
-
Collecting the deposit and first instalment of rent
-
Registration of deposit with government-approved Tenancy Deposit Scheme
-
Monthly rent payment collection & and chasing late rent when required.
-
Inventory and Schedule of Condition
Costs:
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5% per month deducted from the rent as received.
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A non-refundable advance payment of £150 including VAT is payable upon instructing Moorhouse Property Services to market the property.
04. TENANT FIND ONLY
Provision of the Moorhouse Property services as detailed in the Landlord Terms of Business which includes:
-
Free, no obligation valuation of rental properties
-
Preparation of the property - staging and photos
-
Advertise the property on all the major property portals
-
Accompanied Viewings
-
Tenant Referencing, Credit checks & background checks
-
Tenancy Agreements & Legal Documentation.
-
Collecting the deposit and first instalment of rent
Costs:
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Tenant Find – per room £300 incl. VAT
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HMO Properties 4+ rooms – £600 incl. VAT
Payable for each letting where The Tenant is introduced by The Agent
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A non-refundable advance payment of £150 including VAT is payable upon instructing Moorhouse Property Services to market the property. The remaining balance is payable on the commencement of the tenancy and deducted from the rent collected at the commencement of the tenancy.
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03. RENT COLLECTION
Items | Prices |
|---|---|
Inventory | Prices vary according to the size of the property and start at £90 |
Deposit Registration | £20 payable at the beginning of the tenancy – this is not an annual fee |
Arrange Certificates (gas, EICR, EPC) | £30 plus cost of contractor |
Tenant Check Out & Deposit Return | Tenant Find & Rent Collect £150 |
DPS Adjudication | Tenant Find & Rent Collect £100 |
Rent Warranty | 2% of the monthly rent subject to a minimum of £18 per month |
Tenancy Renewal | Prices vary according to the size of the property and start at £50 – payable only where a new fixed term is agreed. |
Tenants are required to be referenced or the renewal of tenancy. | |
Tenant references | £25 per applicant |
Charges may apply for additional services provided and these are detailed in the Landlord’s Terms of Business |
CANCELLATION
If you cancel within the 14-day cancellation period then any fees paid will be reimbursed in full and you will not incur any fees as a result of the reimbursement. However, if you have asked Moorhouse Property Services to begin the performance of services during the cancellation period, you remain liable for an amount which is in proportion to what has been performed until your cancellation notice was received.
Where Moorhouse Property Services are instructed to let a property and marketing has begun, should the landlord cancel the service prior to a tenant being found there is a cancellation fee of £100.
Where Moorhouse Property Services are instructed to let a property and a tenant is found, should the landlord cancel the service prior to the check in, a cancellation fee equal to the current Tenant Find Fee will be payable plus other costs incurred e.g. inventory.
Where Full Management or Rent Collection service is cancelled during the tenancy (including any extensions either a new fixed term or monthly periodic) a fee of £200 inclusive of VAT will be payable.
Moorhouse Property Services is a member of the Property Redress Scheme (PRS) for Lettings Redress Scheme under membership number D8808.
For details of the scheme please visit the TPO website: www.theprs.co.uk
Moorhouse Property Services has Client Money Protection and is a UKALA member
Whatever lettings service you may need Moorhouse Property Services is here to help you every step of the way.