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Landlord Fees

Landlord Fees Schedule

So you know exactly what costs you will incur letting a property through Claytons, we have compiled a list of the charges that may apply to you as a landlord.

Services Offered

  • Claytons let Only fee 10%+vat
  • Claytons managed fee 12%+vat
  • Tenancy set up fee £300 +vat
  • Professional Inventory Check Out

Studio (8 rooms max) Unfurnished £139/Furnished £169

One Bedroom (8 rooms max) Unfurnished £159/Furnished £189

Two Bedrooms (9 rooms max) Unfurnished £179/Furnished £209

Three Bedrooms (10 rooms max) Unfurnished £199/Furnished £229

Four Bedrooms (11 rooms max) Unfurnished £229/Furnished £259

Five Bedrooms (12 rooms max) Unfurnished £2599/Furnished £299

 

Additional Charges

  • Gas safety certificate £79.20 inc vat
  • Potable appliance test (PAT)£72 inc vat
  • Legionella Survey £69.00 inc vat
  • Electrical Installation Condition Report (EICR) £216 (inc vat)
  • Installing Smoke Alarms £29 and Carbon Monoxide Detectors £39
  • Testing Smoke Alarms and Carbon Monoxide detectors on first day of the tenancy £49 (inc vat) per tenancy
  • Energy Performance Certificate £120 inc vat
  • Additional property visits £120 inc vat
  • Court attendance fee £200+vat (minimum charge)
  • Repairs and maintenance fee 10%+vat
  • Landlord Withdrawal Fee (before move in) £600 inc vat.
  • Tenancy dispute fees £360 inc vat per tenancy. The cost associated with the preparation of all the evidence and submitting the case to the tenancy deposit scheme as well as dealing with all correspondence relating to the dispute.This only applies where the agent protects the deposit.
  • Serving of notices £120 inc VAT.

Still looking to let your property?

Tenant Fees

Holding Deposit (per tenancy)

One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year)

Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent of £50,000 or over per year)

Six weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid Rent

Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost Key(s) or other Security Device(s)

Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant’s Request)

£50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenant’s Request)

£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenant’s Request)

Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Please ask a member of staff if you have any questions about our fees.