Landlord Services and Charges

People become landlords for a number 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. 

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 managements experts will be happy to help. 
 

Full management

15.6% including VAT

Goodfellows will take complete control of managing your property including supporting tenants so your letting process can be as hassle free as possible.

  • 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 dilapidation s 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

Rent collect

12.6% including VAT

Goodfellows will find you a tenant and manage the set up process as well collect the rental payments for you each month. We will also support you with legislation and processes involved in letting a property. 

  • 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 months 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

Let only

9.6% including VAT

We will help you find a tenant and market the property through our channels. We will also set up the initial tenancy agreement and manage the deposit and first month's rent collection. 

  • 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 by Cleared funds and deduct fees (invoice for any shortfall) and provide tenant with Standing Order

Additional charges

Initial Tenancy Set up Fee: £480.00 including initial assured shorthold tenancy agreement, full tenant referencing to include; credit check, employment and landlord checks; tenant right to rent check and initial deposit administration fee.

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: £200 inc VAT for Letting Only and Rent Collect - Prepare and Service

£50.00 inc VAT for Letting Only and Rent Collect - Prepare only

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: £336 inc VAT for Letting Only and Rent Collect. £246 inc VAT for Manager - up to 4 bedrooms, On application 5 bedrooms or more

Sending duplicate copies of paper contracts: £20.00 inc VAT