Landlord Services and Fees at a Glance
(includes VAT where chargeable)
Let Only
- Bespoke marketing
- Accompanied viewings
- Offer management
- Terms & conditions
- Arrange references and credit checks
- Create tenancy agreement and all legal documentation
- Property clearance and preparation
- Gas safe certificate
- Manage all legal and H&S letting requirements (gas certificate/EPC/Deposit protection… etc)
- Professional cleaning (where agreed)
- Inventory & check-in
- Sign up meeting
- Issue of keys
- Arrange standing order for rent
- Tenant move in
- Notification to council and utility companies
- Forward landlord tenant move-in pack and statement
Part/Full Management
- Landlord rent and legal expenses insurance
- Rent collection and transfer with monthly statements
- Chase late rent payments
- Maintenance schedule
- Quarterly property visits and condition reports
- Arrange and carry out repairs where required
- Arrange tenant renewals and negotiate rent increase where applicable
End of Tenancy
- Issue Section 8 notices or receive notices
- Notify landlord and tenant of exit plan
- Arrange end of tenancy cleaning
- Arrange inventory/check-out with meter readings
- Receive key return
- Notify council and utilities
- Manage dilapidations and tenant deposit return
- Commence re-marketing of the property
Millers: Schemes and Costings
Non Managed
(Finder’s Fee Only) – We fully market the property, view prospective applicants over, any that show an eagerness to proceed will need to fill out the applicant forms ready for referencing. We advise you of the tenancy and set up an interview if you wish, draw up the agreements and arrange for a professional inventory which includes a disk full of photographs. Arrange for signing of the contract and administer the payments and deposit. A complete package will be forwarded to all parties with a third copy being held in our offices.
Fee – 2.75 weeks rent plus VAT & No weekly percentage.
Weekly rents are calculated on a monthly rent being multiplied by 12 and divided by 52. E.G. £1,000 multiplied by 12 months = £12,000 and divided by 52 weeks = £230.76 (per week) + VAT @ 20% (£46.12) = £276.88
Rent Collection
(Rent collection & Accounting). We do the same as with the Finders Fee above with the added bonus of a professional body collecting and chasing any rent payments. This scheme is very popular with landlords with more than one property.
Fee – £375 (£450 Inc VAT) Set up fee & 6.5% + VAT PCM from the second month onwards.
Fully Managed
(Rent Collection & Management). We do exactly the same as with the Finders Fee at the top with the added bonus of a professional body collecting and chasing any rent payment and managing the tenants and the property to the full term. This scheme is very popular with landlords with more than one property or whom do not reside in the Epping area.
Fee – £375 (£450 Inc VAT) Set up fee & 12.5% + VAT PCM from the second month onwards.
Professional Inventory
(Rent Collection & Management). We do exactly the same as with the Finders Fee at the top with the added bonus of a professional body collecting and chasing any rent payment and managing the tenants and the property to the full term. This scheme is very popular with landlords with more than one property or whom do not reside in the Epping area.
Fee – £375 (£450 Inc VAT) Set up fee & 12.5% + VAT PCM from the second month onwards.
Extra Services for Non-Managed Landlords
You can arrange for Millers to take care of some of the management issues which crop up from time to time at a charge. We have posted a list of the more general issues raised and our fees.
Quarterly visit: If a landlord cannot inspect their own property or would prefer for an independent inspection, this will include a report and photographs if relevant. – £30.00 Inc VAT.
Final Inspection: If a landlord does not want to carry out the final inspection or would prefer an independent view – £78.60 Inc VAT.
Formal Letters: We can write and serve formal notices upon request, arrange gas safety certificates or write to utility services – £15.00 Inc VAT.
Services: We can organize meter readings on behalf of landlords whom are unable to visit the accommodation. £30.00 Inc VAT.