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Landlords & Landlord Fees

Landlord Information:

Becker & Co provides a range of letting and management services based on the experience, skills and expertise our lettings team has built up over 35 years within the Residential Lettings sector.

 

Becker & Co are members of the following professional bodies, Propertymark, ALRA, Safeagent as well as The Property Ombudsman. By instructing an agency that are members of the above organisations you can feel secure in the knowledge that your property is in safe hands. 

 

As a Propertymark Protected firm, our clients money handling procedures, Client Money Protection (CMP) are covered by Conduct and Membership rules. The rules are available at

www.propertymark.co.uk/working-in-the-industry/member-requirements 

 

Agency fees for Landlords:

Our standard fee for letting only service is based at the rate of 8%+VAT of the gross receivable rent in the first year of the tenancy. If the same tenant renews for a 2nd year our fee would reduce to 7%+VAT of the gross receivable rent and if the same tenant remains for a 3rd and subsequent years our fee would again reduce to 6%+VAT of the gross receivable rent.

 

Administration charge:

As from 1st January 2024, on top of our Let Only fee and Let & Full Management fee there will be a small administrative charge for new lettings as well as renewal of existing tenancies to cover the administration work and documentation to be sent to your tenants. These costs will be as follows:

New Letting administration charge - £80&VAT (let only) £100+VAT (L&M)

Renewal of existing tenancy charge - £40+VAT

Serving Section 21 Form 6A charge - £50+VAT

Statutory Declaration form signed/stamped by solicitor - £80+VAT

 

Inventory, Check In and Check Outs:

Becker and Co do not charge any arrangement fees to landlords for the organising of Inventories, check ins or check outs. This work is carried out by third party inventory companies who will invoice separately for any works carried out on your behalf.

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