Landlords

Long Let (6 months or longer):

Letting Service: 12% including VAT

Letting and Management Service: 18% including VAT


Short Let (less than 6 months):

Letting Service: 21.6% including VAT

Letting and Management Service: 27.6% including VAT


Tenancy Agreements

Tenancy Agreement (Landlord’s contribution): £240 per tenancy

Renewal Tenancy Agreement (Landlord’s contribution): £120 per tenancy

Additional services and their fees
(VAT at 20% included in all fees)

Booking Fees for Additional Services Lettings and Renewal Lettings and Management
Arranging Gas Safety Certificate £54.00 (plus contractors costs) Included
Arranging Energy Performance Certificate £54.00 (plus contractors costs) Included
Arranging Portable Appliance Test £54.00 (plus contractors costs) Included
Arranging Electrical Installation Condition report (EICR) £54.00 (plus contractors costs) Included
Arranging Legionnaires Risk Assessment £80.00 Included
Inventory Booking Fee Included Included
Inventory Check-in / Check – out Charge Included (plus cost of inventory and check in) Included (plus cost of inventory and check in)
Deposit Registration Fee £45.00 per annum
CHAPS payments £15.00 per payment
Pre-Tenancy Clean Included (plus cost of clean) Included (plus cost of clean)
Project Work* 12% + VAT of total cost of works
Refurbishments (excluding day to day management) n/a 12% of total cost of works
Additional Property Visits/Inspections £54.00 per visit £54.00 per visit beyond the 6-monthly visit included
Working balance n/a Minimum £500 (a larger balance is advised for large properties)
Miscellaneous Duties (including property waiting time) £60.00 per hour £60.00 per hour
Annual Set of Copy Statements £60.00 Included
Vacant Management n/a £180.00 per month
Court Attendance £240.00 per hour
Submission of Tax Retained for Non Resident Landlords £25.00 per quarter Included
Overdue Fees Interest at 4% above Bank of England base rate from due date
Serving of any Notice £54.00 per notice
Preparation of documents for all disputes regarding the Deposit Protection Scheme £120.00 Included

*VAT is additional

Want to know more?

Montpelier Street-based Nicolas Van Patrick (NVP) have purchased Hobart Slater, one of the original two estate agents specialising in the Knightsbridge area since 1981.