Fees to Tenants

London House U.K Ltd. do not charge any fees to tenants/applicants.

Fees to Landlords

Tenant Find

10% Sole agency – 11% Joint agency – 12% Multi agency

• Collect and remit initial months’ rent received
• Agree to the collection of any shortfall and payment method
• Provide tenant with method of payment
• Deduct any pre-tenancy invoices
• Make any HMRC deduction and provide the tenant with the NRL8 (if relevant)

Fully Managed

16% of rent (+ VAT)

• Collect and remit initial monthly’ rent received
• Deduct commission and other works
• Pursue non-payment of rent invoice and provide advice on rent arrears actions
• Advise all relevant utility providers of changes
• Undertake two inspection visits per annum and notify the landlord of the outcome
• Arrange routine repairs and instruct approved contractors (providing two quotes)
• Hold Keys throughout the tenancy term
• Make any HMRC deduction and provide the tenant with the NRL8 (if relevant)

Additional non-optional fees and charges (irrespective of level of service)

Inventory and check out fees vary, subject to the size and characteristics of the property.

• Inventory fee – Dependent on the number of bedrooms and size of the property.
• Check out fee – Dependent on the number of bedrooms and size of the property.
• Professional clean if required – Dependent on the number of bedrooms and size of the property.

Short lets 24% + VAT

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