Landlord Fees

What will it cost to let my property through Aston & Co? And what do I get for my money?

Aston & Co offer Landlords 3 different landlord services as follows:

  1. FULLY MANAGED SERVICE
  • Advising on, and agreeing the market rent.
  • Advertising and generally marketing the Property.
  • Erecting a “To Let” board in accordance with the Town and Country Planning Act 1990.
  • Accompanying viewings, if required.
  • Providing notification of non-resident tax status and making HMRC deduction.*
  • Submit applications to the Landlord and provide advice on the application.
  • Perform credit checks and obtain references on the proposed tenants.
  • Carrying out the initial right to rent checks in accordance with the Immigration Act 2014.*
  • Produce basic inventory with photographic evidence of condition pre tenancy.*
  • Produce Tenancy Agreement for tenants to sign.
  • Lodge deposit with the Deposit Protection Service (DPS) and serve documents on the tenant.
  • Arranging with service companies (principally electricity gas & water) for meter readings and advising them of the transfer of service contracts to the Tenant at the beginning of each tenancy.
  • Collect monthly rent, deducting commission and other work and supply monthly statement.
  • Pursuance of late rent and rent arrears, and advice on actions to take in the event of rent arrears.
  • Routine inspections of the Property are carried out on periodically. 2 per year are included in the monthly management fee. Additional inspections are optional and chargeable. Responsibility for and management of empty property is not normally included, and will only be carried out by special arrangement agreed in writing between the Landlord and the Agent.
  • Co-ordination of repair or maintenance including arranging for tradesmen to attend the Property and obtaining estimates where necessary, supervising works and settling accounts from rents received.
  • Carrying out a full property inspection and inventory check at the end of the tenancy and, if necessary, preparing and agreeing a schedule of costs relating to any damage or unfair wear and tear prior to releasing the Deposit.

* Denotes Additional fee or charge applies. See below

Setting up Fee: £350 including VAT with a monthly management fee of 10% (including VAT) of the rent collected per calendar month.

  1. FULLY MANAGED SERVICE with RENT GUARANTEE

All of the Services described above in our FULLY MANAGED SERVICE, Plus:-

  • The Agent will provide guaranteed rent cover through a 3rd party specialist company whilst the property is let. Rent guarantee cover may not be available if the tenant fails the credit reference checks. Where this applies, The Landlord will be notified before any tenancy is created.

* Denotes Additional fee or charge applies. See below

Setting up Fee: £350 including VAT with a monthly management fee of 12% (including VAT) of the rent collected per calendar month.

  1. TENANT FIND ONLY
  • Advising on, and agreeing the market rent.
  • Advertising and generally marketing the Property.
  • Erecting a “To Let” board in accordance with the Town and Country Planning Act 1990.
  • Accompanying viewings, if required.
  • Submit applications to the Landlord and provide advice on the application.
  • Perform credit checks and obtain references on the proposed tenants.
  • Carrying out the initial right to rent checks in accordance with the Immigration Act 2014.*
  • Produce basic inventory with photographic evidence of condition pre tenancy.*
  • Produce Tenancy Agreement for tenants to sign.
  • Lodge deposit with the Deposit Protection Service (DPS) and serve documents on the tenant. 

* Denotes Additional fee or charge applies. See below

Setting up Fee: £450 including VAT

Additional fees and charges (Including VAT)

Preparing Inventory/Schedule of Condition: £100 for 1 Bed properties, £125 for 2 Beds, £150 for 3 Beds, £175 for 4 Beds. £200 for over 4 Beds (All unfurnished). For furnished properties add £100 to each category.

Additional inspections: (2 inspections per year are included in the monthly management fee). Charge for any additional inspections : £60 per inspection

Administration of NRL tax returns:  £240 (Overseas Landlords only)

Redirection of mail overseas:  cost of postage

Arranging gas safety check: £72

Arranging Energy Performance Certificate Admin Fee: £72        

Hourly rate for attending court: £60 per hour

Right to Rent Check: £60

Tenancy Renewal Fee (i.e. Preparing a new fixed term tenancy extension): £60 (No Tenancy Renewal Fee applies if the tenancy continues as a monthly rolling tenancy without a new fixed term tenancy agreement being prepared.)

Maintenance Repair Limit (see Clause 4.2): £500

Obtaining estimates and supervision of major works: 4% of cost of work over £2000

Serving of Statutory Notices (e.g. for rent increase or tenant to vacate): For Fully Managed Tenancies there is no charge. For tenancies created where Aston and Co provide a ‘Tenant Find only’ Service a charge of £100 per Notice will apply

Termination if the Agent has secured a Tenant.  If the property is withdrawn for any reason &/or is made unavailable to let after receiving details of an application to let (in writing or verbally) from The Agent, The Landlord will be entirely responsible for any reasonable costs claimed by the applicant tenant. There will be a minimum charge of £300 by The Agent.  

Redress Scheme membership details: The Property Ombudsman, Registered Office address:- Milford House, 43-55 Milford Street, Salisbury, Wiltshire, SP1 2BP Membership Number: D04216

Client Money Protection Scheme: Money Shield, 6 Tournament Court, Edgehill Drive, Warwick CV34 6LG

Scheme Reference: 58480982 Tel:  01926 417763

Website: www.money-shield.co.uk  

Financial Services

Contact a specialist from Aston & Co Financial Services for help with finding the right mortgage.

Read What Our
Customers Say

Jodie Skinner

From the beginning, our experience with Michael and Rhys has been brilliant. Whenever we had a question to ask or needed some additional information, they were both just a phone call away and were always happy to provide us with an answer. As first time buyers, they made us feel ...

Sue Smith

We can’t fault Aston and co in Syston, for their handling of the sale of our property. We were kept up to date weekly and nothing was too much trouble. Both Micheal and Rhys were approachable and very professional. I would definitely recommend using them for an efficient and hassle ...

Andy

Having had issues with other agents, we came to Astons who gave us an honest appraisal of our house – not overpricing it like others to gain business. Michael and Rhys are a great partnership and Rhys being local was able to provide viewers with information that other agents hadn’t. ...

Andy Freer

Recently sold our house with Aston & Co. We honestly could not have asked for more. From the moment Michael came to value the house, to the day to day communication from Rhys we have not had to chase them once. Michael and Rhys are a great partnership and a ...

V Pears

We chose Aston & Co in Syston to handle the sale of our property. We were kept up to date regularly and Michael and Rhys dealt with all matters efficiently and quickly.We would definitely recommend using them for an efficient and hassle-free move.

Gareth Mueller

We bought a house from a vendor who used Astons & Co as their agent. Rhys was helpful and professional from start to finish and regularly kept us in the loop with how things were progressing. Communication was efficient and swift all the way through.

Julie Pearson

From the first visit to value our property to the final phone call informing us of completion Rhys and Michael at the Syston office have been brilliant, down to earth, realistic with valuation very easy to get in touch with.Making everything less stressful.Regular updates were very reassuring . I would ...

Charlotte Hings

The team at Astons are great. They’re really down to earth, take time to listen and help resolve anything they can for you.Their communication is excellent as they always keep you in the loop with what is happening with your sale. They keep both seller and purchaser happy.Fees are reasonable ...

Julie Perkins

We have recently used Aston & Co to sell our property. At all times we received regular reports from them on interest and following viewings . When our property sold Astons managed the chain keeping all parties fully informed and I believe that without their input our sale would have ...

Tina Poole

Michael and Rhys handled both our sale and purchases. They had good local knowledge, their valuation turned out to be on point. Our sale viewings were nearly all on the same day and we accepted an offer very quickly. We were kept up to date regularly with that and our ...

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