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Fees for Landlords

All the following fees are inclusive of VAT at the current rate

PLEASE NOTE - There are differing charges for Landlords of managed and non-managed properties. Also differing charges apply for Manchester City Centre and North/South Manchester properties. Please make sure you read the applicable section(s) below

Prices and Charges Correct as at 1 Nov 2016 but Subject to Change

City Centre & North/South Manchester - Charges and Fees for Landlords

Legal Requirements and Best Practice
Gas Safety Certificates £78.00
Electrical Safety Report £115.00
Electrical Installation Condition Report £225.00
Energy Performance Certificate £78.00
Lettings Fees
Let Only (City Centre):

Minimum

Maximum

 

£780.00

90% of First Months Rent

Let with Management (City Centre):

Minimum

Maximum

 

£780.00

90% of First Months Rent

Let Only (North/South Manchester):

Minimum

Maximum

 

£594.00

90% of First Months Rent

Let with Management (North/South Manchester):

Minimum

Maximum

 

£594.00

60% of First Months Rent

Management fee (of monthly rental income) 12%
Landlord withdrawal / admin fee (Thornley Groves supplied suitable Tenant) £240.00
Tenancy Deposit Scheme
Security deposit registration (Let Only - All areas) £54.00
Security deposit registration (Managed Let - All areas) £No Fee
Renewing registration in subsequent years (Let Only - All areas) £54.00
Renewing registration in subsequent years (Managed Let - All areas) £30.00
Tenancy Renewal
Extending an existing Tenancy following expiry of fixed term £90.00 North/South Manchester

£120.00 City Centre

Keys
Arranging copies / additional keys, fobs etc £35.00
Accounts
Providing copy of monthly statement at Landlord request BY POST £30.00 (per statement)
Providing copy of monthly statement at Landlord request BY EMAIL No Charge
Providing an Annual Statement for Tax Assessment BY POST OR EMAIL £45.00
Overseas Landlord Tax
Penalties levied on or by Thornley Groves due to shortfall of funds (daily) 3.6% above Barclays Lending Rate per day
LL Failure to Apply for Approval Number from Inland Revenue £90.00 (per Quarter)
Miscellaneous
Court / Bailiff Attendance (First 2 Hours) £114.00
Court / Bailiff Attendance (For Each Additional Hour) £36.00
Visit to Property to Locate Meter or Access £30.00
LL Sells Property to Tenant Introduced by TG 2.4% of selling price