Fully Managed Service and Fee Structure

Our Fee for the Fully Managed service is:

  • Set up fee £300.00 including VAT

10% of monthly rent plus VAT for the duration of the tenancy and any renewals or extensions (12% inc. VAT) (Sole Agency is preferred)

  • Property visit to value and appraise the property
  • Marketing shots and floor plan (Floor plan additional charge)
  • Advertising and featured listings
  • Site a ‘To Let’ board at the property
  • Accompanied Viewings 7 days of the week and early evenings on request outside office hours
  • Tenant Selection
  • Reference all tenants and or guarantors ‘free of charge’
  • Draft all legal documents including Right to Rent check,  Tenancy Agreement ,all legally prescribed paperwork, ‘How to Rent’ information, move in pack and paperwork. Docusign.
  • Draft Inventory, agree and sign on the tenancy start date
  • Testing of CO2 and Smoke Alarms prior to move in
  • Collect the first month’s rent and deposit
  • Complete standing order for rent payments and update the bank
  • Collecting meter readings
  • Notifying all utility companies of change of details
  • Registering of the deposit and hold in our client account. (Additional charge)
  • Booking and carrying out property visits 2 / 4 times a year and supplying upon request a full property Inspection report.
  • Manage any late or short payments of rental and act accordingly.
  • Provide the tenant with contact details for Costello Lettings and the contractors that support us should disaster strike.
  • Hand the keys to the tenant for move in
  • Deal with all queries and complaints
  • Arranging annual Gas Safety Certificates, chimney sweeps etc.
  • Organising any necessary repairs or any work required after inspections and or check-out
  • Compliance and legal advice, serving notices to tenants
  • Pay the landlord, monthly and on time!

Additional Services required but not included:

Draft a Floor Plan for marketing purposes – £54 inc VAT

Draft Inventory, agree and sign on the tenancy start date – £165 inc VAT

Energy Performance Certificate – £78 inc VAT

Landlord Gas Safety Certificate (Minimum) – £78 inc VAT

Check Out Service (see further details) Optional – £180 inc VAT

Check In Service (see further details) Optional – £180 inc VAT