Providing transparent property management fees for landlords

Landlord Fees:

The schedule shows all fees and charges of Gateway Residential prior to the start of and during the tenancy that maybe charged to the landlord.

Please note: All figures and percentages are subject to VAT

London region minimum fee £2000 + VAT

Service	Service fee
Let Only	1 months rent or minimum of £650.00
Full Management	8% + Let fee of £650.00
Refurbishment & Full Management	8% + Let fee of £650.00 + Project management fee of 10%

Service descriptions	Let Only	Full Management	Refurbishment & Full Management
Advise on refurbishment
Agree market rent
Guidance on compliance and letting consents
Marketing property
Erecting a board
General tax advice
Arrange Energy Performance Certificate assessment
Carry out viewings
Find tenants and check references
Arrange gas and electrical safety inspections
Advise on Legionella’s Disease
Create paperwork
Produce an inventory	Optional additional fee: £210 unfurnished and £270 furnished
Sign tenant in
Collect and remit initial month’s rent
Deduct any pre-tenancy invoices
Send documents to landlord
Register deposit with government approved scheme
Collect and pay rent
Deduct HMRC sums and provide NRLB make payments quarterly
Send rent statements
Carry out property inspections	Additional cost: £60 per visit
Arrange maintenance
Renew contracts	Additional cost: £240	£100	£100
Negotiate rent review	Additional cost: £75 per hour
Draw up and serve notices and legal notices	Additional cost: £150 per document
Deal with rent arrears
Notify utility companies that tenant is vacating	Optional additional fee: £210 unfurnished and £270 furnished
Provide one year’s rent guarantee and legal protection insurance		Optional	Optional additional