FULLY MANAGED

RENT COLLECTION

TENANT FIND

Tenancy Set-Up Fee

Agree on rental value. Guidance on compliance with statutory provisions and letting consents. Refurbishment advice. Non-resident landlord guidance. Erect ‘to let’ board. Market the property on portals, social media, our website and all other relevant portals. Provide high-quality photographs. Carry out accompanied viewings. Find suitable tenants for the property. Negotiate terms of the tenancy. Prepare legal documents for compliant tenancy. Inform utility companies of a new tenancy. Complete tenant referencing, right to rent checks and follow-up right to rent checks.

£360

£400

One month’s rent (minimum £500)

Management fee (single let) - PCM

Your own dedicated property manager. Collecting and remitting the monthly rent received, deducting commission and other works and supplying monthly statements. Pursuance of rent arrears (if applicable). 6 monthly property inspections and a property inspection report. Holding keys. Serving any required notices (e.g. section 21 and Section 8 eviction notices and Section 13 rent increase notice). 

Point of contact for tenants dealing with day-to-day issues. Neighbour disputes. Ensuring your property is compliant throughout the tenancy. Access to legal team/advice. Access to our in-depth knowledge and information.
Arranging compliance certificates – gas, electrical and EPC. (contractor fee applies). 

HMO - PCM

House of multiple occupancy.

10%

12%

8%

10%

Not available

N/A

Deposit registration

Registering the tenant's deposit in a government-backed scheme, in line with law. Registering the landlord and tenant’s details in relation to the deposit and serving the prescribed information and deposit certificate within 30 days of the start of the tenancy. Cdk Lettings use the Deposit Protection Service. Where Cdk Lettings has registered the deposit, the fee also covers negotiating with the landlord and tenant(s) any disbursement of the security deposit, returning the deposit to the agreed parties and remittance of any disputed amount to the Scheme for final adjudication. It includes instructing contractors, obtaining quotes, organising the repair/replacement of items as required.

£35

£35

£35

Inventory and schedule of condition

Comprehensive report of the condition of the property and list of fixtures and fittings. With photographs.

£75

£75

£75

Renewal – after initial fixed term expires

Negotiation, amending and updating terms and arranging a further tenancy agreement between both parties.  

£50

£55

£110

Check out report

Agreeing with the tenant(s) a check out date. Includes Cdk Lettings providing a check out report/check out inventory and schedule of condition (similar to the check in inventory and schedule of condition). With photographs.

£75

£75

£75

Arrangement fee for works when property is tenanted
Arranging works and assessing costs with our preferred contractors, ensuring works have been carried out in accordance with the job specification, processing payment and obtaining any warranty or guarantees to hold on file. This does not include organising compliance certificates – gas, electrical and EPC. 

Arrangement fee during void periods

10% fee charged of total maintenance costs if maintenance estimated to be over £100

£0 for maintenance estimated to be below £100

10% of total maintenance costs

N/A

N/A

Quarterly submission to HMRC (overseas landlords)

£25

£25

Not available

Annual submission to HMRC (overseas landlords)

£50

£50

Not available

Court attendance   

£50 per hour + expenses 

£50 per hour + expenses 

Not available

Gas Safety Inspection *

£50

£65

£65

Energy Performance Certificate *

£50

£65

£65

Legionella test *

£75

£85

£85

Electrical Installation Condition report *

Approximately £120

Plus remedial works if required

Approximately £120

Plus remedial works if required

Approximately £120

Plus remedial works if required

Additional property visits (including report).

Visits every 6 months included - £35 for any additional visits

£75

£75

Management take over fee

(if property is already tenanted)
Liaising with your current letting agent to obtain all relevant tenancy/property documents required. Tenancy agreement check / providing a new tenancy agreement. Property visit / inspection report. Smoke alarm check. Ensuring that the property is legally compliant and all certificates are up to date. Obtaining new safety certificates if required. Dealing with any maintenance issues raised by the tenant. Serving all mandatory tenancy paperwork to the tenant, including the governments ‘How to rent’ guide. 

£150

£150

N/A

WITHDRAWAL FEE – during tenancy (minimum one months’ notice)

One months’ rent

One months’ rent 

N/A

WITHDRAWAL FEE 
Before tenancy has started (after advertising etc has began).

Up to £200

Up to £200

Up to £200

Rent increase/negotiation

£25

£35

N/A

Guaranteed rent and eviction/legal expenses cover 

This guarantee gives you complete peace of mind that you will always receive your rent and not be out of pocket if you need to legally evict your tenant. 

From £220 per year

From £220 per year

TBC