Landlord Fees
Platinum Property Rentals believe in full transparency of fees and service provided to our landlords, whilst also providing them with flexibility and choice for all levels of experience.
Positive Start – (Comprehensive Let Only)
For Landlords who are able to manage their own tenancy but want the security of knowing everything is in place to get them started.
|
Service – All Fees inc. VAT |
Residential |
Student and HMO Rooms |
|
Property Compliance Check and Preparation |
Included |
Included |
|
Marketing |
Included |
Included |
|
Accompanied Viewings |
Included |
Included |
|
Inventory; |
Included |
Included |
|
Legals; |
||
|
Tenant Referencing |
96% first month’s rent |
|
|
Tenancy Agreements |
£360 per Room |
|
|
Deposit Registration |
||
|
Right to Rent Checks |
||
|
Tenancy Management Fee |
N/A |
N/A |
|
Rent Collection |
N/A |
N/A |
|
Reactive Maintenance |
N/A |
N/A |
|
Safety Certificate Tracking & Renewal |
N/A |
N/A |
|
Inspections |
N/A |
N/A |
|
Agreement Variation or Rent Review |
£60 |
£60 |
Features include:
- All viewings are arranged and accompanied by an experienced Letting Agent.
- Brochure preparation, including floor plans, measurements, and internal photographs, for distribution to suitable prospective tenants.
- Promotion in the local property press and Internet listings on our website www.platinum-property.co.uk, Rightmove and onthemarket.com
- Window-card display with a selection of photographs and a touch screen feature 24 hours a day in our showroom window.
- Comprehensive tenant referencing including credit checks.
- No tie in period, all we require is two weeks’ notice in writing to withdraw your property.
- Full photographic inventory, by our in-house professional inventory clerk.
- Producing an up-to-date tenancy agreement and collecting the first month’s rental and security deposit.
- Forwarding the deposit monies to a government holding company or your nominated scheme.
- Providing the legal documents and balance monies to the landlord once the tenant has signed the tenancy agreement.
After receiving our Positive Start all aspects of tenancy management are then down to the landlord.
Active Rent Collection
For Landlords who want the security of being kept up to date with all new legal obligations and the confidence of an experienced accounts manager to monitor and chase rents.
|
Service – All Fees inc. VAT |
Residential |
Student and HMO Rooms |
|
Property Compliance Check and Preparation |
Included |
Included |
|
Marketing |
Included |
Included |
|
Accompanied Viewings |
Included |
Included |
|
Inventory; |
Included |
Included |
|
Legals; |
||
|
Tenant Referencing |
96% first month’s rent |
|
|
Tenancy Agreements |
£360 per Room |
|
|
Deposit Registration |
||
|
Right to Rent Checks |
||
|
Tenancy Management Fee |
N/A |
N/A |
|
Rent Collection |
6% |
6% |
|
Reactive Maintenance |
N/A |
N/A |
|
Safety Certificate Tracking & Renewal |
N/A |
N/A |
|
Inspections |
N/A |
N/A |
|
Agreement Variation or Rent Review |
£60 |
£60 |
Additional features on top of our “Positive Start” offering:
- Collecting the monthly rent with daily reconciliation and same day payment processing into the designated landlord’s account.
- Choice of Direct debit or Bank Transfer
Rent due invoices issued to the tenants on rent due date - Providing detailed statement of accounts for each bank credit.
- Arrears chasing if applicable
- Arrears Management and follow up support during eviction process
- Annual Rent Review.
Active Rent Collection is a cost-effective way to keep on top of the rent and retain a professional distance with the tenants.
Classic Tenancy Management
For Landlords who want all aspects of the tenancy looked after, including implementation of any new legislation, regular inspections to ensure tenants are acting in accordance with agreement and fast response to maintenance issues.
|
Service – All Fees inc. VAT |
Residential |
Student and HMO Rooms |
|
Property Compliance Check and Preparation |
Included |
Included |
|
Marketing |
Included |
Included |
|
Accompanied Viewings |
Included |
Included |
|
Inventory; |
Included |
Included |
|
Legals; |
||
|
Tenant Referencing |
60% first month’s rent |
|
|
Tenancy Agreements |
£300 per Room |
|
|
Deposit Registration |
||
|
Right to Rent Checks |
||
|
Tenancy Management Fee |
12% |
12% |
|
Rent Collection |
Included |
Included |
|
Reactive Maintenance – inc 24/7 emergency support |
Included |
Included |
|
Safety Certificate Tracking & Renewal |
Included |
Included |
|
Inspections |
Included |
Included |
|
Agreement Variation or Rent Review |
£60 |
£60 |
Additional features on top of our “Active Rent” Package:
- Trained inventory clerk carrying out interim inspections and producing a report for the landlord.
- Arranging reactive maintenance and repairs as necessary.
- Arranging payments to contractors on the landlord’s behalf, without commission uplift
- Detailed move out report including potential charges for damages and cleaning.
- Dealing with any claim for damages and cleaning at the end of the tenancy.
- Negotiating settlement claim with tenant and the Deposit Protection company holding deposit monies.
We have created a bespoke “Select Service” along with four packages that we believe offer great value for the service provided,
Platinum Select
For landlords who want the flexibility to select and pay for only what they need.
|
Service – All Fees inc. VAT |
Residential |
Student and HMO Rooms |
|
Property Compliance Check and Preparation |
£150 |
£100 per room |
|
Marketing |
£180 |
£75 per Room |
|
Accompanied Viewings |
£150 |
£75 per Room |
|
Inventory: |
|
|
|
1 Bedroom |
£96 |
N/A |
|
2 Bedroom |
£114 |
N/A |
|
3 Bedroom |
£144 |
N/A |
|
4 Bedroom |
£174 |
£200 |
|
Legals: |
||
|
Tenant Referencing |
60% first month’s rent |
|
|
Tenancy Agreements |
£150 per Room |
|
|
Deposit Registration |
||
|
Right to Rent Checks |
||
|
Tenancy Management Fee |
2.4% |
2.4% |
|
Rent Collection |
6.0% |
6.0% |
|
Maintenance |
4.8% |
4.8% |
|
Inspections |
3.6% |
3.6% |
|
Agreement Variation or Rent Review |
£60 |
£60 per room |
|
Check-Out Report: |
|
|
|
1 Bedroom |
£72 |
N/A |
|
2 Bedroom |
£90 |
N/A |
|
3 Bedroom |
£108 |
N/A |
|
4 Bedroom |
£132 |
£150 |