Fees 2024
There's no way around it, good management does incur costs. At Horton & Senate, we like to be transparent the whole way.
Fees and charges 2024
All the following fees are inclusive of VAT at the current rate unless otherwise stated
Full Management Service – Fees and Charges
Set up fee.
Upfront set up fee taken from first month’s rent 60% including VAT (50% ex VAT)
Monthly Management fee.
10% including VAT (8% ex VAT).
Referencing.
Included in managed service.
Deposit Protection (Registration with TDS insured).
£90 including VAT (£75 ex VAT).
Inventory & Schedule of Condition.
£90 including VAT (£75 ex VAT) up to a maximum 5-bedroom property.
Checkout inspection and Report.
£120 including VAT (£100 ex VAT) up to a maximum 5-bedroom property.
Smoke & Carbon Monoxide Inspection & Alarm Certificate
£60 including VAT (£50 ex VAT)
Tenancy Renewal
£120 including VAT (£100 ex VAT)
Tenant Introduction Only – Fees and Charges
Set up fee.
90% of the first month’s rent, including VAT (75% ex VAT).
Referencing.
Included in the Tenant Introduction Only service.
Deposit Protection (Registration with DPS).
£60 including VAT (£50 ex VAT).
Inventory & Schedule of Condition.
£90 including VAT (£75 ex VAT) up to a maximum 5-bedroom property.
Checkout inspection and Report.
£120 including VAT (£100 ex VAT) up to a maximum 5-bedroom property.
Smoke & Carbon Monoxide Inspection & Alarm Certificate
£60 including VAT (£50 ex VAT)
Tenancy Renewal
£200 including VAT (£240 ex VAT)
Legal Requirement and Best Practice
Electrical Installation Condition Report (EICR).
£156 including VAT (£130 ex VAT).
PAT, Smoke & Carbon Monoxide Alarm Certificate.
£156 including VAT (£130 ex VAT).
Energy Performance Certificate.
£90 including VAT (£75 ex VAT).
Gas Safety Certificate.
£90 including VAT (£75 ex VAT).
Legionella Risk Assessment.
£115 including VAT (£95 ex VAT).
Keys- Arranging copies or additional keys.
Bespoke charges depend on keys; discussed with a local locksmith.
Overseas Landlord Tax
Landlord failure to apply for Approval Number from Inland Revenue & to complete HMRC quarterly return for non-resident Landlords: £60.00 including VAT per quarter (£50.00 ex VAT).
