Information for tenants

Landlord Fees Schedule (All Offices)

Let Only Packages 

• Setup Fee: One months rent plus VAT

Service Includes

• Full marketing and advertising
• Guidance on all relevant legislation
• Preparation of Inventory and Schedule of Condition
• Tenant referencing and credit checks
• Preparation of tenancy agreement
• Check-in and handover appointment

Additional Charges

(Charges will be applied for any additional services)

• Landlord withdrawal (before move-in):
  £100 + VAT (£120 inc. VAT)
• Mid-term property inspections
  £120 + VAT (£144 inc. VAT)
  Vacant property management:
  £60 + VAT per visit (£72 inc. VAT) for first initial visit – £80 + VAT (£96 inc. VAT) plus mileage thereafter
• Rent increase (serving of relevant notice)
  £150 + VAT (£180 inc. VAT)
• AML (Anti-Money Laundering) checks:
  £15 + VAT (£18 inc. VAT)
• Check-Out
  £350 + VAT (£420 inc. VAT)
• Rent Guarantee:
  Price on application / To be confirmed
• Management take over
  £300 + VAT (£360 inc VAT)

Landlord Fees Schedule (Ludlow Office)

Full Management Packages 

• Setup Fee: 75% of the first months rent plus VAT
• Ongoing Management: 12% + VAT of monthly rent

Service Includes

• Full marketing and advertising
• Guidance on all relevant legislation
• Preparation of Inventory and Schedule of Condition
• Tenant referencing and credit checks
• Preparation of tenancy agreement
• Deposit registration
• Check-in and handover appointment
• Periodic property inspections
• Arranging and overseeing maintenance
• End-of-tenancy check-out
• Arranging legal safety checks
• Serving legal notices
• Monthly rent statements

Additional Charges

(Charges will be deducted from rent collected where applicable)

• Landlord withdrawal (before move-in):
  £100 + VAT (£120 inc. VAT)
• Tenancy dispute handling:
  £50 + VAT per hour (£60 inc. VAT per hour)
• Vacant property management:
  £30 + VAT (£36 inc. VAT) plus mileage @50p per mile, per visit
• Duplicate rent statements:
  £10 + VAT per statement (£12 inc. VAT)
• Annual Income & Expenditure Schedule
  £50 + Vat (£60 inc. Vat)
  AML (Anti-Money Laundering) checks:
  £15 + VAT (£18 inc. VAT)
  
• Management take-over:
  £300 + VAT (£360 inc. VAT)
• Rent Guarantee:
  Price on application / To be confirmed

Landlord Fees Schedule (Craven Arms Office)

Full Management Packages

• Setup Fee: One months rent plus VAT
• Ongoing Management: 12% + VAT of monthly rent
Service Includes
• Full marketing and advertising
• Guidance on all relevant legislation
• Preparation of Inventory and Schedule of Condition
• Tenant referencing and credit checks
• Preparation of tenancy agreement
• Deposit registration
• Check-in and handover appointment
• Periodic property inspections
• Arranging and overseeing maintenance
• End-of-tenancy check-out
• Arranging legal safety checks
• Serving legal notices
• Monthly rent statements

Additional Charges
(Charges will be deducted from rent collected where applicable)

• Landlord withdrawal (before move-in):
£100 + VAT (£120 inc. VAT)
• Tenancy dispute handling:
£50 + VAT per hour (£60 inc. VAT per hour)
• Vacant property management:
£30 + VAT (£36 inc. VAT) plus mileage @50p per mile, per visit
• Duplicate rent statements:
£10 + VAT per statement (£12 inc. VAT)
• Annual Income & Expenditure Schedule
£50 + Vat (£60 inc. Vat)
• AML (Anti-Money Laundering) checks:
£15 + VAT (£18 inc. VAT)
• Management take-over:
£300 + VAT (£360 inc. VAT)
• Rent Guarantee:
Price on application / To be confirmed

Landlord Fees Schedule (Builth Wells Office)

Full Management Packages 

• Setup Fee: One months rent including VAT
• Ongoing Management: 12% + VAT of monthly rent

Service Includes

• Full marketing and advertising
• Guidance on all relevant legislation
• Preparation of Inventory and Schedule of Condition
• Tenant referencing and credit checks
• Preparation of tenancy agreement
• Deposit registration
• Check-in and handover appointment
• Periodic property inspections
• Arranging and overseeing maintenance
• End-of-tenancy check-out
• Arranging legal safety checks
• Serving legal notices
• Monthly rent statements

Additional Charges

(Charges will be deducted from rent collected where applicable)

• Landlord withdrawal (before move-in):
  £100 + VAT (£120 inc. VAT)
• Tenancy dispute handling:
  £50 + VAT per hour (£60 inc. VAT per hour)
• Vacant property management:
  £30 + VAT (£36 inc. VAT) plus mileage @50p per mile, per visit
• Duplicate rent statements:
  £10 + VAT per statement (£12 inc. VAT)
• Annual Income & Expenditure Schedule
  £50 + Vat (£60 inc. Vat)
• AML (Anti-Money Laundering) checks:
  £15 + VAT (£18 inc. VAT)
• Management take-over:
  £300 + VAT (£360 inc. VAT)

Rent Guarantee:
Price on application / To be confirmed

Notice to prospective tenants – Confirmation of fees (England)

If you wish to view a property you will be required to complete as Pre-application form.

Should you wish to apply to rent a property available through McCartneys LLP before your application can be processed you will need to pay us a Holding Deposit equivalent to one weeks rent for the property you are interested in.

Example – Monthly Rent £500 – Holding Deposit = £500 x 12 ÷ 52 = £115.38

Once we receive your holding deposit, current legislation stipulates that the necessary paperwork should be completed within 15 days or a longer period to be agreed.

If at any time during this period you decide not to proceed with your tenancy then your holding deposit will be retained by McCartneys LLP. Also if you unreasonably delay in responding to any reasonable request made by McCartneys LLP or you have provided us with false or misleading information as part of your pre application or tenancy application, or if you fail any of the checks which we are required to undertake under the Immigration Act 2014 then your holding deposit will not be returned.

Each prospective tenant will be required to complete an Application form which will then be passed to Rent4Sure Referencing Service. This reference will check your credit history, confirm details of your income and where applicable obtain references from your current landlord. Please note that submitting an application does not automatically mean you will be accepted for the property, the status report will be passed to the landlord for a final decision.

If the Landlord decides not to offer you a tenancy for reasons unconnected with the above then your Holding Deposit will be returned within 7 days. Should you be offered and you accept a tenancy with our Landlord then your Holding Deposit will be credited to the first month’s rent due under that tenancy.

If your application is successful then a Deposit equivalent to five weeks rent will be payable to be held by the Deposit Protection Service together with the first month’s rent in advance. These will need to be cleared funds on or before the commencement of the tenancy. Please note that all Assured Shorthold Tenancies are for a minimum period of six months.

If you are considering sharing a property please note that all parties named on the Tenancy Agreement are jointly and severally liable to comply with the stated terms within the agreement.

Other Fees Payable

Applications from persons under the age of 18 will not be considered.

Notice to prospective occupation contract holders – Confirmation of fees (Wales)

If you wish to view a property you may be required to complete a Pre-application form.

Should you wish to apply to rent a property available through McCartneys LLP before your application can be processed you may need to pay us a Holding Deposit equivalent to one week’s rent for the property you are interested in.

Example – Monthly Rent £500 – Holding Deposit = £500 x 12 ÷ 52 = £115.38

Once we receive your holding deposit, current legislation stipulates that the necessary paperwork should be completed within 15 days or a longer period to be agreed.

If at any time during this period, you decide not to proceed with your Occupation Contract then your holding deposit will be retained by McCartneys LLP. Also if you unreasonably delay in responding to any reasonable request made by McCartneys LLP or you have provided us with false or misleading information as part of your pre application or contract application, or if you fail any of the checks which we are required to undertake under the Immigration Act 2014 then your holding deposit will not be returned.

Each prospective Contract Holder will be required to complete an Application form which will then be passed to Rightmove Referencing Service. This reference will check your credit history, confirm details of your income and where applicable obtain references from your current landlord. Please note that submitting an application does not automatically mean you will be accepted for the property, the status report will be passed to the landlord for a final decision.

If the Landlord decides not to offer you a contract for reasons unconnected with the above, then your Holding Deposit will be returned within 7 days. Should you be offered and you accept a contract with our Landlord then your Holding Deposit will be credited to the first month’s rent due under that contract.

If your application is successful, then a Deposit equivalent to five weeks rent will be payable to be held by the Deposit Protection Service together with the first month’s rent in advance. These will need to be cleared funds on or before the commencement of the Occupation Contract. Please note that all Occupation Contracts are for a minimum period of six months.

If you are considering sharing a property, please note that all parties named on the Occupation Contract are jointly and severally liable to comply with the stated terms within the agreement.

Additional Fees

Applications from persons under the age of 18 will not be considered Information

Full Management Service

Part Furnished Property

Letting Fee – £300.00 inc. VAT (£250.00 + £50 VAT)

Commission – 10% Plus VAT

Fully Furnished

Letting Fee – to be agreed on Valuation

Commission – 10% Plus VAT

● Full marketing and advertising package
● Guidance on legislation
● Producing a full written Schedule of Condition and photographic inventory
● Full credit checks/references on prospective tenants
● Drafting a tenancy agreement
● Registering the deposit with The Dispute Service Ltd (“TDS”)
● Check in appointment with Tenant – to complete handover
● Periodic inspections: Three months initial inspection and thereafter every six months
● The collection and monitoring of rent (please note that we cannot guarantee rental payments however the credit referencing company we use called Rent4sure do offer this insurance to Landlords)
● Arranging and overseeing of maintenance issues
● End of Tenancy checkout
● Arranging periodic safety checks
● Serving Rent Increase Section 13 Notices, Section 21 Form 6A notices

Please see Additional Non-Optional Fees and Charges if not agreed in the initial Terms of Business

Tenant Find Only

Part Furnished Property

Letting Fee – 75% of monthly rent plus VAT (minimum fee £360.00 inc.VAT)

Fully Furnished

Letting Fee – To be agreed on Valuation

● Full marketing and advertising package
● Guidance on legislation
● Producing a full written Schedule of Condition and photographic inventory
● Full credit checks/references on prospective tenants
● Drafting of a tenancy agreement
● Check in appointment with Tenant – to complete handover

Payments permitted under the Tenant Fees Act 2019 by Tenants or under a relevant Housing Act 1988 tenancy.

Rent       

Payable monthly in advance (unless agreed otherwise).

Default Fee for Late Payment of Rent          

Rental payments overdue by more than 14 days will be subject to interest at an annual percentage rate of 3% over the Bank of England Base Rate calculated from the date the payment was due up until the date payment is received.

Deposit               

Payable before the start of the tenancy and held under a Government-approved scheme for the duration of the agreement. It will be repaid in full provided all obligations have been fulfilled. The deposit will be subject to a maximum of five weeks’ rent for an annual rent of up to £50,000 and a maximum of six weeks’ rent for an annual rent over £50,000.

Holding Deposit           

Equivalent to one week’s rent (as statutorily prescribed). This will be withheld if the Tenant does not have the right to rent, or any relevant person (including any guarantor(s)) withdraws from the tenancy, provides materially significant false or misleading information, or fails to sign their contract (and/or guarantor agreement) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Default Payments       

If the Tenant breaches any of the requirements of the agreement, the Tenant may be liable to pay the Landlord for any losses incurred as a result of: a failure by the Tenant to make a payment by the due date to the Landlord or, a breach by the Tenant of a term of the contract, both subject to any statutorily prescribed limits.

The losses the Landlord may claim may include, damages, costs, charges and expenses incurred as a result of the breach that the Landlord was unable to mitigate to put the Landlord back in the same position as had the Tenant not breached the agreement.

Variation of Agreement

£50.00 including VAT unless the actual costs reasonably incurred exceed £50.00, when it will be the actual costs incurred; written evidence of the actual cost will be provided.

Early Termination        

Without granting a right to do so, should the Tenant wish to leave their contract earlier than a valid notice served by the Tenant would allow and the Landlord agrees, they will be liable to pay the Landlord’s losses and the Agent’s reasonable costs in re-letting the Property, as well as all rent due under the tenancy until the start date of the replacement tenancy (capped at no more than the maximum of rent outstanding on the tenancy) or until the expiry of the Tenant’s valid notice.

Council Tax      

Payable to the billing authority, if the Tenant is liable.

Utilities               

Including water, sewerage, gas (or other heating fuel) and electricity including any Green Deal costs) payable in respect of the dwelling, and if required in the tenancy agreement. This may be payable to the Landlord or to the utility provider.

Television Licence      

Payable to the Landlord or the British Broadcasting Corporation, as required in the tenancy agreement.

Communication Services     

Payable to the Landlord or a provider of: internet, cable or satellite television, telephone services, other than mobile, as required in the tenancy agreement.

Loss of Keys or Other Security Device

The actual costs, as evidenced by invoice or receipt, related to a breach of contract leading to the requirement for a lock to be added or replaced or a key or other security device giving access to the Property to be replaced.

Missed Appointments              

Losses, as evidenced by invoice or receipt, suffered by the Landlord if the tenant fails to attend appointments agreed by the Tenant and arranged by the Agent or Landlord for contractors or others to attend or to carry out work at the Property.

Avoidable, Accidental or Purposeful Damage to the Property 

The Tenant will be liable for any losses, as evidenced by invoice or receipt, suffered by the Landlord as a result of neglect or wilful behaviour by the Tenant or their guests resulting in damage to the Property.

Emergency/Out of Hours Call-Out Fees

Any losses or additional losses suffered by the Landlord, as evidenced by invoice or receipt, as a result of the Tenant arranging an emergency, out of hours contractor call-out where the work was not an emergency or the works were required as a result of the Tenant’s actions.

Charges to Tenants (**Where Applicable)

Single: £150.00

Joint/Couple: £200.00

Guarantor(s): £50.00 each

Company: £250.00

**NB Tenant fees do not apply to tenant of some Housing Act 1988 tenancies but may apply for other tenancy types, such as company lets.

Phipps & Pritchard with McCartneys LLP is a member of a client money protection scheme; our provider is RICS Dispute Resolution Service (DRS); website address; www.rics.org. Further contact information can be found on their website.

Phipps & Pritchard with McCartneys LLP is a member of a redress scheme and the name of the scheme is The Property Ombudsman; www.tpos.co.uk. Further contact information can be found on their website.