Landlord fees 

Minimum service (rent collection)

9.5 % + VAT of the gross rent on a monthly basis. This minimum fee will be an ongoing fee for the remainder of the term, as long as a Tenant/s introduced by Letting Land reside at the property

 
Management service

Additional 3% + VAT of the gross rent on a monthly basis. Please be aware that fees may be increased with at least 3 months written notice, and Letting Land retains the right to refuse or cancel membership to the Management Service. There may be a waiting list if the Management portfolio is at capacity, please enquire directly with the Senior Property Manager.  

When a new tenant is sourced, and successful possession takes place, a fee of £250 +vat for a new tenant administration fee will be deducted from the first statement. 

When a tenancy renewal takes place, usually every 12 months, a renewal fee of £60 +vat will be charged. 

• ✦Portable appliance test (£80+vat) [ ]

• ✦Letting Land to carry out PROPERTY INSPECTIONS twice a year, £65 + vat  [ ]

• ✦Forward THE SECURITY DEPOSIT to the Deposit Protection Service. £95 + vat [ ]

• ✦Forward THE SECURITY DEPOSIT TO LANDLORD to arrange for it to be protected £NO CHARGE [ ]

• ✦Arrange for a Gas Safety Certificate £95 + vat [ ]

• ✦Arrange for an Energy Performance Certificate at a cost of £90 + vat [ ]

• ✦Arrange for an Inventory/Statement of Condition (£105 +vat up to 3 bed) [ ]

• ✦Tax exemption Certificate required  as I may reside abroad. I require the form to complete £no charge [ ]

• ✦Arrange For a check out when the tenant vacates. £85 + vat [ ] 
• Arrange for a tenancy agreement renewal £65 + vat

Should the Landlord sell the property to one or more of the Tenants or any other person or company introduced to the Landlord directly by Douma Limited Trading as Letting Land (& Landmark Locations for sales), then a Fee of 1.25% +VAT of the purchase price is payable upon completion. The minimum charge is £1000 +VAT. For this fee, Letting land will carry out it’s standard procedure for a sale including all standard industry sales progression. If the buyer was not introduced to the Landlord directly (i.e. not a named Tenant or client of ours) and Letting Land play absolutely no part in the negotiation or sale of the property, then no fees will be applied. 

Tenant fees

All our fees comply with the 2019 Tenant Fee Ban Act.

In line with the Act, we charge the following fees to tenants:

• Interest will be charged in line with the Bank of England’s rate + 3%, if a rent payment is more than 14 days overdue for each day the payment is outstanding

£50 for administration costs in changing a tenancy agreement at the request of a tenant.

£50 for agent to meet the tenant with keys should they get locked out of their flat (when available)