Fees
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.