Letting Fees
LANDLORDS’ GUIDE TO SERVICES AND CHARGES
At Chartwell Residential, we take great pride in providing exceptional letting services to landlords in London. Our goal is to offer you a stress-free and efficient letting process while maximizing the return on your investment. With our transparent fee structure and dedicated team, you can trust us to navigate the letting process smoothly and efficiently.
| Description of Fee | Excluding VAT | Including VAT |
|---|---|---|
| Comprehensive Management Service Fee | 15% | 18% |
| Letting Only Service Fee | 10% | 12% |
| Letting and Rent Collection Fee | 12% | 14.4% |
| Management Only Service Fee Subject to the tenancy set up fee of £200 (£240 Inc VAT) |
5% | 6% |
| Short Let Service Fee Subject to a minimum fee of one weeks |
20% | 24% |
| Tenancy Set Up Fee | £200 | £240 |
| Tenancy Renewal Administration Fee | £120 | £144 |
| Tenancy Deposit Service Fee | £30 | £36 |
| Arranging Gas Safety Certificate | £125 | £150 |
| Arranging Energy Performance Certificate | £125 | £150 |
| Arranging Electrical Installation Condition Report | £208.33 | £250 |
| Property Management Inspections | £75 | £90 |
| Issue Notice of Seeking Possession | £100 | £120 |
| Issue of Rent Increase Notice | £100 | £120 |
| Preparing inventory/schedule of Condition | TBC | TBC |
| Key Service Fee Arranging new remotes/fobs & additional Keys |
£50 | £60 |
| Hourly Rate of Other work | £100 | £120 |
| Vacant property Supervision Service | 5% | 6% |
| Change of Sharer: Deed of Assignment Where a Deed of Assignment is not suitable the Tenancy Agreement Setup fee will apply £200 (£240 Inc VAT) |
£100 | £120 |
| Breach of Sole Agency & Withdrawal from Proposed Tenancy | Half of one month’s rent (Plus VAT) | |
| Early Termination: Deed of Surrender | £100 | £120 |
| Formulating Deposit Adjudication Claim - Comprehensive Management Service | £250 | £300 |
| Deposit Transfer fee to new deposit Protection Scheme | £50 | £60 |
| Bank Transfer – Same day, UK accounts The charge for a same day transfer to overseas accounts will be £30 (£36 Inc VAT) |
£20 | £24 |
| Annual HMRC Return for withheld tax | £200 | £240 |
| Year End Statement | £100 | £120 |
| Sale of Property Based on sale price agreed. See your Terms and conditions for more detail |
1.5% | 1.8% |
*PLEASE NOTE: Fees are expressed as a percentage of the agreed rent for the entire period of the tenancy. Fees for our Standard and Short Let services are payable in advance at the start of the tenancy based on the agreed term. For our Comprehensive Management Service, 18% (Inc. VAT) is payable in advance based on the agreed term with the remaining 6% (Inc. VAT) payable in accordance with the frequency with which Rent is due and on the total rent payable under the terms of the tenancy. Fees are also payable at the same percentage on any renewals, extensions, or periods of holding over. Please refer to our Terms and conditions for further information.
Seamless and productive
Our team is committed to ensuring your experience is seamless and productive. Contact us today for any inquiries or concerns. Your satisfaction is our top priority, and we look forward to assisting you in any way we can.
Get in Touch
