Sinclair Fees For Landlords


Our professional Lettings and Property Management Department offers Landlords a variety of services ranging from the initial rental appraisal through to full property Management.


FEES TO LANDLORDS

Tenant Find Only Service - £360 (including VAT)

Includes:

• Agree the market rent and provide marketing material

• Advertise property on relevant portals for suitable tenants

• Erect a To Let board (in accordance with Town and Country Planning Act 1990)

• Accompanied viewings if required

• Provide guidance on compliance with statutory provisions and letting consents

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

• Collect and remit initial months’ rent and deposit

 • Deduct and remit pre-tenancy invoices 

 • Arrange initial Assured Shorthold Tenancy Agreement

• Prepare inventory

 

Fully Managed Service - £300 set up fee. Plus 12% per month (including VAT) 

Includes:

 • As per Tenant Find Only, PLUS

• Provide 6 month rent warranty (where applicable)

• Provide tenant with method of payment

• Register the security deposit with a Government-Authorised scheme 

• Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of the start of the tenancy

• Collect ongoing rent due

• Pursue non-payment of rent

• Provide advice on rent arrears action

• Advise utility providers of meter readings pre and post tenancy

• Undertake inspections every 3 months and provide written reports

• Arrange routine repairs and instruct approved contractors, ensuring work has been carried out

• Hold keys throughout the tenancy term (where keys are provided)

• Arrange tenancy renewals if required 

• Discuss rent reviews in accordance with prevailing market condition and negotiate new rent with the tenant, serving documentation where required

• Arrange and conduct final inspection at the end of the tenancy

• Report move out findings and negotiate with landlord and tenant any disbursement of the security deposit where required

• Return deposit as agreed with landlord and tenant to relevant parties and remit any disputed amount to the Scheme for final adjudication

• Arrange contractors and/or quotations where applicable

• Compile reports and submit evidence to Deposit Scheme if required


Charges For Additional Services:

 • Additional property visits if requested by Landlord: £30 (including VAT) per visit.

• If you instruct Sinclair Estate Agents on the Management Service and an Exemption Certificate is not received, the commission rate will be 21.6% inc.VAT (18% plus VAT) per month. For Let Only properties an additional £100 (inc.VAT) will be added to our standard fee.

• If we need to attend court or a tribunal on your behalf you will have to pay us an attendance fee of £120 (including VAT)

• We will use our standard tenancy agreement. If it is necessary to use any other form of tenancy agreement, e.g. because your lender requires it, we reserve the right to vary this agreement and charge an additional fee of £75 (including VAT)