RENTAL YIELD CALCULATOR
Here at Julian Wadden we offer a range of services and depending on the service type some of the charges below may be inclusive or not applicable but are charged per property.
SERVICE |
LETTING AND MANAGEMENT |
LETTING |
| Rental valuation and advice on maximising the rental potential of your property | ||
| Comprehensive marketing including high quality photos, 2d and 3d floorplans, individual brochures and To Let board | ||
| Exposure on all major internet portals including Rightmove and OntheMarket.com | ||
| Accompanied viewings by experienced Lettings staff | ||
| Negotiating offers and securing a let | ||
| Full referencing, credit checks and affordability checks of all prospective tenants | ||
| Arranging a meeting between Landlord and Tenant at the Landlords request | ||
| Preparation of legally binding tenancy agreement which complies with current legislation | ||
| Organising all relevant safety certificates by trusted and registered contractors | ||
| Arranging move in including collection of first month’s rent and security deposit | ||
| Registering and holding the deposit with a Tenancy Deposit Scheme | ||
| Meter reads and transfer of utilities and council tax | ||
| Rent collection and processing with monthly accounts statement | ||
| Arranging repairs and maintenance by trusted and registered contractors and providing several quotations when required | ||
| Responding to queries and concerns from the tenant | ||
| Regular property inspections to ensure the tenant is abiding by the terms and conditions of their tenancy | ||
| Renewal of the tenancy agreement | ||
| Regular rent reviews to maximise your investment income | ||
| Serving relevant notices and recovering vacant possession if required | ||
| Full property check and final inspection at the end of the tenancy | ||
| Dealing with deposit disputes | ||
| Peace of mind your property is being professionally managed | ||
| Full inventory and schedule of condition including digital photos of the whole property and gardens |
an additional charge is applicable for these services.
| Let Fee | This charge covers all the initial set up, marketing and promotion of the property. Maximum 120% of one month’s rent achieved including VAT. |
| Monthly Management Fee | This is payable when the property is Managed by Julian Wadden Property Management, for further information on everything
that is included please see the Lettings Options breakdown. Maximum of 12% of the achieved monthly rent including VAT. |
| Management Takeover Fee | This is payable when Julian Wadden takes over the management of a property with a tenant in situ when the management has previously been conducted by either another agent or a landlord. An administration fee of £120 inclusive of VAT is payable for transfer and set up of the tenancy. The monthly management fee outlined above would then be paid monthly for the ongoing management. |
| Deposit Registration | A fee is payable to register the deposit with our chosen Deposit Protection Scheme and to ensure the Prescribed Information
is served on the tenant. £60 including VAT. |
| Inventory | An inventory should be carried out prior to the commencement of the tenancy and is based on the size of the property and
whether it is furnished or unfurnished. Maximum £200 including VAT. |
| Rent Guarantee Insurance Protection | Depending on individual circumstances, we may be able to offer Rent Guarantee Insurance Protection as part of our service. POA. |
| Tenancy Renewal Fee | This covers the landlord’s share of the cost of negotiating and preparing a further fixed term tenancy agreement to provide
you with the security a fixed term agreement can provide. Maximum of £90 including VAT. |
| Court Attendance Fee | In very rare instances we may need to attend court on your behalf to regain possession of the property or to obtain a judgement
for rent arrears. £48 including VAT per hour. |
| Serving of Legal Notices | In some instances we may be required to serve legal notices on your behalf and if so a fee may be payable. £60 including VAT. |
| Move Out Inspection Fee | In some instances, for our let only clients where we have carried out an inventory, we can carry out a move out inspection
report if requested to do so. £60 including VAT. |
| Safety Certificates (inclusive of VAT) | |
| Annual Gas Safety Certificate | £75 |
| Annual Electrical Safety Inspection | £100 |
| Full Electrical Inspection (5 years) | £180 |
| Energy Performance Certificate | £99 |
| Fire Pack supplied and fitted | £55 |
| Smoke alarm supplied and fitted | £20 each |
| Carbon monoxide alarm supplied and fitted | £30 each |
| Legionella Risk Assessment (2 years) | £95 |
