landlord fees - Cubitt & West

4.5 out of 5  based on 1,062 reviews

Upfront and transparent fees to help you move forwards with us.

We know that trust is vital in any relationship and that’s why we believe it is so important to provide all of our residential letting fees in one, easy-to-access place. Get ahead and start planning today.

We offer our tenant introduction service as a standard to all of our customers. Our Tenant Introduction service includes: 

  • Establishing your market rent
  • Advising on current market conditions
  • Provide guidance on compliance with statutory provisions and letting consents
  • Erect board outside property in accordance with Town and Country Planning regulations 2012
  • Discuss non-resident tax status and HMRC (if relevant)
  • Prepare property brochure, market the property and advertise on relevant portals
  • Carry out accompanied viewings
  • Arrange an open house event (sole agency only)
  • Negotiate offers
  • Prepare and submit tenancy agreement
  • Arrange method of payment with tenant
  • Receive and remit the first month’s rent
  • Deduct commission and any pre-tenancy invoices
  • Make any necessary HMRC deduction

Introduction fees per tenancy 3 weeks’ rent + VAT, subject to a minimum fee of £600 (exc. VAT) (£720 inc. VAT) 

Please note that in the following postcode areas our Tenant Introduction Fee is charged at 9.6% of the Annual Rent inc. VAT: CR0, CR2, CR3, CR4, CR6, CR7, CR8, KT20, KT22, RH1, RH2, RH3, RH4, RH5, RH8, SE25, SM1, SM2, SM3, SM5, SM6 & SM77

Room Let: £180 (inc. vat) per room

Studio apartment: £180 (inc. vat)

One bedroom: £240 (inc. vat)

Two bedrooms: £270 (inc. vat)

Three bedrooms: £300 (inc. vat)

Four+ bedrooms: £360 (inc. vat)

Furnished properties (as per above): +£24 (inc. vat)


Hold & register deposit with T.D.S: £60 (inc. vat)

Safe & Legal checks: £180 (inc. vat)

Tenancy renewal: £120 (inc. vat)

Issue of Section 21 notice: £60 (inc. vat)

Ultimate Legal cover: £216 (inc. vat)

Withdrawal Fee: £300 (inc. VAT)

Submission to TDS: £90 (inc. VAT)

In addition to our Tenant Introduction Only service, we will:

  • Collect & remit rent
  • Prepare regular statements
  • Operate rent arrears procedures should rent not be received
  • Provide advice on rent arrears action
  • Contact landlord & tenant prior to the end of the tenancy to discuss renewal or termination
  • Give advice on current rental market conditions
  • Arrange check-out & provide check-out report at the end of tenancy

9.6% (inc. VAT)

*Please note that, in the following postcodes, our part-managed service will be charged at 12% inc. VAT of the Annual Rent inc. VAT: CR0, CR2, CR3, CR4, CR6, CR7, CR8, KT20, KT22, RH1, RH2, RH3, RH4, RH5, RH8, SE25, SM1, SM2, SM3, SM5, SM6 & SM77

In addition to everything included in our Tenant Introduction Only and Part-managed services, we will:

  • Arrange repairs & instruct approved contractors
  • Approve contractor invoices
  • Provide a property management 24-hour emergency service
  • Provide online maintenance reporting facility & fault-finding system
  • Investigate other tenancy related matters
  • Arrange routine visits to the property
  • Negotiate with landlord & tenant any disbursement from the deposit

13.2% (inc. VAT)

 

*Please note that, in the following postcodes, our fully-managed service will be charged at 14.4% inc. VAT of the Annual Rent inc. VAT: CR0, CR2, CR3, CR4, CR6, CR7, CR8, KT20, KT22, RH1, RH2, RH3, RH4, RH5, RH8, SE25, SM1, SM2, SM3, SM5, SM6 & SM77

In addition to everything included in our Tenant Introduction Only, Part-managed and Fully-managed services, you will benefit from:

  • Additional annual property inspection
  • Protection from day one of rent arrears
  • Nil excess cover
  • 100% of rent protected for up to 15 months (or until vacant possession)
  • 75% of rent paid after vacant possession obtained for up to 3 months
  • £100,000 of legal costs covered

14.4% (inc. VAT)

*Please note that, in the following postcodes, our fully-managed pro service will be charged at 15.6% inc. VAT of the Annual Rent inc. VAT: CR0, CR2, CR3, CR4, CR6, CR7, CR8, KT20, KT22, RH1, RH2, RH3, RH4, RH5, RH8, SE25, SM1, SM2, SM3, SM5, SM6 & SM77

Set-up fees (non-optional):

  • Finding a tenant, Inventory & schedule of condition, Professional photography & floorplan, Check-out, Inspection & report, Tenancy agreement
    Room Let: £240 (inc. VAT)
  • Studio: £420 (inc. VAT)
  • One Bedroom: £510 (inc. VAT)
  • Two Bedroom: £570 (inc. VAT)
  • Three Bedroom: £630 (inc. VAT)
  • Four+ Bedroom: £690 (inc. VAT)
  • Furnished properties (as per above): +£24 (inc. VAT)
  • Financial Saction Register Compliance Checks £24 (inc. VAT)

Additional (optional) Services and fees:

  • Rent Protect Pro: 3.6% (inc. VAT) of monthly rental
  • Safe & Legal Checks: Smoke and CO alarm testing with synthesised smoke and CO, legionella risk assessment report, HHSRS-style inspection and pre-tenancy check: £180 (inc. VAT)
  • Ultimate legal cover: £216 (inc. VAT)
  • Additional property visits: £90 (inc. VAT)
  • Renewal Fee: £120 (inc. VAT)
  • Submit case to the Tenancy Deposit Scheme: £90 (inc. VAT)
  • Withdrawal fee if landlord withdraws (prospective tenancy): £300 (inc. VAT)
  • Court attendance: £144 (inc. VAT) per hour
  • Instructing another agent during sole agency: £360 (inc. VAT)
  • Termination Fee: Equal to payment of all management fees to the end of the tenancy, subject to a minimum term of 3 months + £360 (inc. VAT)
  • Issue of Section 13 Notice £60 (inc. VAT)

We are proud to be a part of the Propertymark Client Money Protection Scheme.

CMP is a scheme that reimburses landlords and tenants should a letting agent misappropriate their rent, deposit, or other client funds. It has long been a requirement for ARLA Propertymark members to have CMP and has been a legal requirement for all letting agents since 1 April 2019. Find out more on the Propertymark website

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