Landlord fees

Our Letting and Management charges will vary depending on the type of property you have and the duration of let. For further information, please request a copy of our Lettings and Management Terms and Conditions from your local office and the fees chargeable

CBRE Limited is a member of a Client Money Protection Scheme (‘CMPS’) which has been approved or designated by the Secretary of State pursuant to regulations. This scheme is called the ‘RICS Client Money Protection Scheme’.  Where the scheme administrator (of an approved or designated CMPS) has provided a certificate confirming membership of the scheme to us, we can produce a copy of the certificate to any person who may reasonably require it free of charge.  A copy of the certificate can be viewed by clicking here.

Letting Service:

Long Let (6 months or more) = 11% + VAT (13.2% inc VAT)
Short Let (Less than 6 months) = 18% + VAT (21.6% inc VAT)

  • Agree a market rent
  • Provide advice on market conditions
  • Advise on best preparation and presentation of your property
  • Discuss non-resident tax status and HMRC deductions (if applicable)
  • Commence marketing and advertising on relevant portals
  • Conduct accompanied viewings
  • Negotiate offers to source a tenant and secure holding deposit
  • Carry out third party referencing
  • Prepare and administer Tenancy Agreement (fees apply)
  • Collect initial rent payment, Tenant deposit and other administration costs
  • Register Tenants deposit (fees apply)
  • Organise Inventory and check-in (fees apply)
  • Deduct commission and other pre-tenancy invoices. Submit invoice for balance of commission fees (where applicable)
  • Negotiate renewal, prepare and present documentation (fees apply)
  • Release Tenants deposit once agreement is reached between Landlord and Tenant
  • Register Tenants deposit (fees apply)

Fully Managed Service:

Long Let (6 months or more) = 17% + VAT (20.4% inc VAT)
Short Let (Less than 6 months) = 25% + VAT (30% inc VAT)

  • Agree a market rent
  • Provide advice on market conditions
  • Advise on best preparation and presentation of your property
  • Discuss non-resident tax status and HMRC deductions (if applicable)
  • Organise an Energy Performance Certificate (EPC)
  • Commence marketing and advertising on relevant portals
  • Ensure the Landlord Complies with their statutory obligations
  • Conduct accompanied viewings
  • Negotiate offers to source a tenant and secure holding deposit
  • Carry out third party referencing
  • Prepare and administer Tenancy Agreement (fees apply)
  • Collect initial rent payment, Tenant deposit and other administration costs
  • Hold keys throughout the Tenancy Term
  • Register Tenants deposit (fees apply)
  • Organise Inventory and check-in (fees apply)
  • Deduct commission and other pre-tenancy invoices. Submit invoice for balance of commission fees (where applicable)
  • Collect and forward rent throughout the Tenancy
  • Conduct property inspections at least once per annum and provide feedback to the landlord
  • Deal with and arrange for repairs through approved contractors
  • Pay invoices resulting from repairs, ground rent, service charges and other Property related outgoings
  • Prepare statements detailing rent received as well as any other income or outgoings in respect of the Property
  • Provide a Property Management emergency out of hours service.
  • Deal with day to day management matters
  • Negotiate renewal, prepare and present documentation (fees apply)
  • Organise inventory check-out
  • Deal with the end of Tenancy and any related issues such as damage caused by the Tenant
  • Release Tenants deposit once agreement is reached between Landlord and Tenant
  • Submit any disputed amount to the Tenancy Deposit Scheme for adjudication
  • Unprotect security deposit

In addition to the above Lettings fees, the following fixed charges will apply:

All Fees are inclusive of VAT (calculated at 20%).

Fees until 31/05/2019

 

Tenancy Commencement:

Tenancy Agreement Fee: £225 +VAT (£270 inc VAT)
Inventory and Check-in Fee: £130 +VAT (£156 inc VAT)
Tenancy Deposit Scheme annual membership: £50 +VAT (£60 inc VAT)

Tenancy Renewal:

Addendum or Memorandum : £175 +VAT (£210 inc VAT)
Abortive Letting Fee: One Week’s rent

Fees from 01/06/2019

 

Tenancy Commencement:

Tenancy Agreement Fee: £275 +VAT (£330 inc VAT)
Inventory and Check-in Fee: £130 +VAT (£156 inc VAT)
Tenancy Deposit Scheme annual membership: £50 +VAT (£60 inc VAT)

Tenancy Renewal:

Addendum or Memorandum : £200 +VAT (£240 inc VAT)
Abortive Letting Fee: One Week’s rent