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COVID-19 UPDATE: We are still open and operating safely for buyers, sellers, renters and landlords. Find out more
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We're experts in property management
We're experts in property management
We're experts in property management
We're experts in property management
People become landlords for a number of reasons, whether it's as a business investment, as a hobby, through an inheritance or a temporary move away from the area. That's why we offer three levels of service to our landlords so you can choose what best meets your needs.
Below is a summary of the services that we provide for each option as well as our fees (service level fees are a percentage of the rental income including VAT)
If you're thinking of letting your property, want some advice on investing in a property or just want to chat through being a landlord, our property management experts will be happy to help.
What's included in Full Management 15.6%: What's included in Rent Collect 12.6%: What's included in Let Only 9.6%: | Full Management 15.6% | Rent Collect 12.6% | Let Only 9.6% |
|---|---|---|---|
| Provide Market Appraisal of your property in line with market conditions and suggest areas of improvement | |||
| Arrange Energy Performance Certificate, arrange for a photographer and Prepare full colour details | |||
| Upload your property onto the Goodfellows Website major portals | |||
| Accompany all viewings | |||
| Advise on Compliance issues | |||
| Arrange Inventory and Check in if required | |||
| Collect 5 weeks security deposit and if held by Goodfellows register with a Government approved Deposit Protection Scheme | |||
| Collect first month’s rent cleared funds and deduct letting fee | |||
| Provide tenant with Standing Order to pay rent | |||
| Collect rent on a monthly basis held and protected in our Client Account | |||
| Deduct Commission | |||
| Pay funds over the pay Landlord by BACs | |||
| Email/Post Landlord Statement of Account | |||
| Pursue non-payment of rent and provide advice on rent arrears actions | |||
| Advise the Landlord on Tax issues and make any necessary HMRC deduction if the Landlord is overseas | |||
| Advise Landlord and implement new Legislation changes | |||
| Arrange annual gas safety checks and deduct charges from rent | |||
| Negotiate renewal at the end of the tenancy | |||
| Advise on rent increases and draw up new contracts | |||
| Inspect property on a six monthly basis and forward report with photos to the Landlord | |||
| Notify the Landlord of any works required to the property | |||
| Deal with any maintenance issues between landlord and tenant | |||
| Arrange check out and notify landlord of any dilapidations or recommended improvements | |||
| Represent the landlord where a dispute is raised with the deposit protection scheme | |||
| Serve notice to regain possession of the property and represent the landlord in court if needed | |||
| Activity | Charge |
| Initial Tenancy Set up Fee | £480 |
| Deposit Administration Fee (paid yearly) | £5.00 per month for Managed Clients and £90.00 for Rent Collect/Let Only Clients. |
| End of Year Statement | £50.00 (N/A for Managed Clients) |
| Arrears Letter | £18 per letter (if fees remain unpaid for 30 days or more a charge will be added for each letter sent) |
| Serving Section 8 | £60 |
| Inventory fees and Check in/out fees | On application |
| Section 21 - Prepare and Service | £200 inc VAT for Letting Only and Rent Collect |
| Section 21 - Prepare only | £50.00 inc VAT for Letting Only and Rent Collect |
| Compliance completion form | £60 |
| Right to Rent checks | £60 per person |
| Change of tenant | £150 per person |
| Photo inspection report | £30 |
| EPC | £118.80 |
| Electrical Inspection Condition Report - Letting Only and Rent Collect | £336 inc VAT |
| Electrical Inspection Condition Report - Managed | £246 inc VAT - up to 4 bedrooms, On application 5 bedrooms or more |
| Sending duplicate copies of paper contracts | £20.00 inc VAT |