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Hammond Properties like to be open and up front when it comes to fees. Please find below a list of our fees. All are inclusive of VAT.

Landlord Fees

Tenant Find Fee

Equivalent to 3.5 weeks rent

Full property management

11% of monthly rental income

Property Inventory (incl. condition photos)

£216.00

Gas Safety Inspection (legal requirement)

£114.00

Gas Boiler Service

£114.00

Gas Safety Check (GSC) incl. Boiler Service

£204.00

Energy Performance Certificate (legal requirement)

£114.00 depending on property size

Full NICEIC Periodic Inspection (Required every 5 years)

£300.00

Smoke & CO2 detector (smoke – 1 per floor)

£96.00

Subsequent smoke & CO2 detectors

£36.00

Rent Guarantee Policy (term 12 months)

Min. £234.00

Tenancy Renewal

£300.00

Deposit protection (renewal)

£48.00

Additional Periodic Visual Inspections

£48.00

Additional Periodic Inspections with report

£120.00

Tenant Payments

Holding Deposit

Equivalent to one weeks rent * Please note holding fee may be withheld if any relevant person withdraws from the tenancy, fails the Right-to-Rent checks, provides false or misleading information or fails to take all reasonable steps to enter into a tenancy agreement

Tenancy deposit (rent up to £50,000 per year)

Equivalent to five weeks rent

Tenancy deposit (rent up over £50,000 per year)

Equivalent to six weeks rent

Unpaid Rent (if over 14 days in arrears)

3% above Barclays Bank Base Rate

Tenancy Agreement Amendments (variation, assignment, novation etc)

£50.00

Lost keys/security devices

Reasonable Costs

Early Termination of tenancy (tenants request)

Tenant is liable to cover the landlord’s costs to re-let the property as well as all rent due under the tenancy until the start date of the new tenancy.

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