Landlord Fees

Our interest is in longterm, trusted landlord relationships so displaying fees clearly and concisely for all to understand is key.

Below we have set out how our fees are calculated should a Landlord place a property with us.

Fee TypeCost £ including VAT*Explanation
Letting & Management CommissionBetween 9% -12% (Excluding VAT)
10.8% – 14.4% (Including VAT)
Advertising your property, social media exposure, city centre shop front advertising. Negotiating tenancy terms on Landlords behalf (amending and agreeing terms) and legislation compliance.
Tenancy Agreement Preparation£90Agree terms with tenants. Creating Assured Shorthold Tenancy Agreement, adding additional special clauses, addendum and collating associated paperwork to comply with Housing Acts. Obtaining signatures confirming receipt of agreement and associated documentation
Inventory & Schedule of Condition PreparationBetween £132 – £174Preparing an inventory & schedule of condition, confirming content with tenants and distrubuting signed document.  Prices depend on the size of the property and the level of furnishing.
TDP (Tenancy Deposit Protection)£48 per annumRegistering tenant security deposit with an appointed government scheme, issue certificate and supporting documentation to tenant.
Check Out Inspection£63 – £149Production of a Scheduled of Condition & Inventory. Liaising with landlord for dilapidation changes and negotiating with tenants.
Supplemental Agreement Preparation£75Preparation and execution of the renewal agreement, and negotiating forms of tenancy extension.
Gas Safety£18Administrating and arranging a gas safety certificate, distrubuting
Property Inspection£40Arranging tenant access for a mid-tenancy inspection, undertaking the inspection, production of report and recommendations.
Licence Application to Local Authority (HMO Licence)£225Applying on behalf of a Landlord, for a licence to the Local Authority for Houses in Multiple Occupation or Selective licensing under the 2004 Housing Act. NB Not including the fees payable to Brighton & Hove City Council.

*VAT charged at prevailing rate

Parks are enrolled in the Client Money Protection scheme provided by ARLA. The Client Money Protection (CMP) Scheme is a compensation scheme run by the National Federation of Property Professionals (NFOPP) which provides compensation to landlords, tenants and other clients to protect clients funds.

If you would like to know any further details of our Fees please call 01273 202089 and speak with a letting specialist.

LANDLORD SERVICES

Choose the service that's right for you

We offer three core services that cover everything in the letting process from marketing your property to managing a tenancy. Have a look at our service breakdown to see which is suitable for your needs as a landlord.

LANDLORD SERVICES

The Parks process to successful letting

We are dedicated to letting your property quickly and, crucially, to the right tenant. Our tenant selection process in handled entirely in house meaning we take full responsibility for finding the right tenant. Checks and references are handled by our team with no 3rd parties to slow things down.

LANDLORD SERVICES

Taking care of laws & legislation

Parks are here to guide you through the all important legal checklist you will be required to fulfil as a registered landlord. With over 25 years experience operating to the highest legal standards, we pride ourselves in always being up to date with new and changing laws.

I have used Parks as my main letting agent for over 10 years and always found them to be very professional in all regards, honest in their dealings and interested in my business of multiple lettings.

Landlord, 2018

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£895
1 bed
pcm
£1,095
2 bed
pcm
£1,250
3 bed
pcm

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