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Landlord Services & Fees

Landlord Services & Fees

Our Fully Managed Service, we charge a 8% of the rent per calendar month.

This is deducted each month from the Tenant's rent as shown and illustrated on Landlord Statement.

Energy Performance Certificate (EPC) £85
Gas Safety Check £85
Electrical Installation Condition Report (EICR) £150
Fuse Box and EICR £500
One off initial fee £200 (Fully Management Services Only)
(marketing, tenants referencing, right to rent check)
Rent Guarantee upon request
Renewal of AST £150
New Indepedent AST £250
Inventory Depending on Property Size
Professional Cleaning
(quote depends on size of property)
£150 - £300
Sale of Property to Tenant 1.25% of the sale price
Sale of Property to New Buyer 1% of the sale price

Landlord obligations under this service plan:

Payment to S&S London Estates the fee stated including any renewal fees. Irrespective of Whether or Not we are/were involved in the Re-negotiations/Administration of the Renewal.

Fees for Tenancy Management service will continue to become due until the tenants vacate the property. If you decide at any time you want to collect the rent yourself and/or manage the tenancy yourself once you have commenced the service for Tenancy Management then these fees will continue to be due till the end of the first year. If the tenants which we placed in the property look to renew for a further year then you will be downgraded to our Tenant Find service and the renewal fee for year Two is 4% INCLUSIVE and Year Three 3% INCLUSIVE.

EPC

What is an EPC?
An EPC provides information on the estimated energy efficiency of a property and rates this on an alphabetical scale A (most efficient) to G (least efficient).

When is an EPC required?
It is legally required whether you are buying, selling or letting out a house / flat or another residential property.
It is needed before a Seller or Landlord markets their property to sell or rent.

What are the benefits of having an EPC?
An EPC can be a very useful selling point for new or recently updated properties in particular, as they are more likely to have new boilers, loft insulation or solar panels perhaps. This makes the property cheaper to run.

If you have made changes to a property resulting in substantial improvements to it's energy consumption, it's worth getting a new EPC particularly if you are thinking of selling. You will receive recommendations on how you can improve your property's energy efficiency and an indication on how much money can typically be saved.
Note that properties with low ratings such as F, G are going to be a lot more expensive to run, and would indicate that there is hardly any insulation, windows are likely to be single glazed etc. Making the recommended changes are going to add value to the property.

Rental properties
From April 2018, new legislation states that rental properties much have a rating of E or above to attract new tenants, before the property is marketed to let. From 1st April 2020, the new minimum energy efficiency standards (MEES) will also affect continuing residential leases so as well as prohibiting new leases below the EPC baseline of E, leases already in progress will have to comply with the regulation too from this date. Failure to comply could lead to fines of up to £5,000.

How long is an EPC valid for?
It is valid for 10 years and can be used for multiple tenancies within that period.

Who conducts the EPC assessment?
Only an accredited assessor can assess your property and provide an EPC. S&S london estates can arrange this on your behalf to avoid delays letting your property. The cost of an EPC will be £85.

For more information on how we can arrange your EPC immediately, please contact us directly.

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