Our Fees for Landlords

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Legal Requirements and Best Practice
Gas Safety Record	£89.00 inc. VAT (net £74.17)
Smoke Alarms and Carbon Monoxide Certificate	£19.99 inc. VAT (net £16.66)
Combined Gas Safety Record and Smoke Alarms and Carbon Monoxide Certificate	£108.99 inc. VAT (net £90.83)
Heating and Hot Water Annual Servicing	£118.80 inc. VAT (net £99.00)
Electrical Installation Condition Report (EICR)	£225.00 inc. VAT (net £187.50)
Portable Appliance Test (PAT)	£115.00 inc. VAT (net £95.83)
EICR and PAT	£290.00 inc. VAT (net £241.67)
Legionella Risk Assessment	Managed - £99.90 inc. VAT (net £83.25) Let Only - £119.88 inc. VAT (net £99.90)
Energy Performance Certificate (EPC)	£98.00 inc. VAT (net £81.57)
Obtaining Head Lease and/or obtaining proof of ownership via the Land Registry	£37.98 inc. VAT (net £31.65)
Compliance Packages
Choose one of our packages to make great savings on all your Compliance Certificates! Compliance Package A (properties with Gas) includes; Gas Safety Record Smoke and Carbon Monoxide Certificate Portable Appliance Test Legionella Risk Assessment Compliance Package B (properties without Gas) includes; Smoke and Carbon Monoxide Certificate Portable Appliance Test Legionella Risk Assessment You can also add an EICR to either of the above packages for just £199.00 inc. VAT!
Compliance Package A (properties with Gas)	£263.89 inc. VAT (net £219.91)
Compliance Package A (properties with Gas) +EICR	£462.89 inc. VAT (net £385.74)
Compliance Package B (properties without Gas)	£184.89 inc. VAT (net £154.07)
Compliance Package B (properties without Gas)+EICR	£383.89 inc. VAT (net £319.91)
Rent and Legal Protection
Guarantee your rental income and protect yourself from the cost of obtaining legal possession of your property in the event that your Tenant(s) default their rental payments or if they complete any Tenancy breach that gives grounds for possession. This service is available to Managed Landlords only, at a charge of; £29.90 a month, inc. of VAT (net £24.92) for rents up to £2,500.00 per calendar month. £35.00 a month, inc. of VAT (net £29.17) for rents between £2,501.00pcm and £5,000.00pcm; £55.00 a month, inc. of VAT (net £45.83) for rents between £5,001.00pcm and £7,500.00pcm; £65.00 a month, inc. of VAT (net £54.17) for rents between £7,501.00 and £10,000.00. By spending £358.80 including VAT (net £299.00) over the course of 12 months, you have a guaranteed rental income of £10,200.00, based on a monthly rent of £850.00pcm. (Calculation is based on the service cost of rents up to £2,500.00pcm). The cost of this service represents only 3.5% of annual income. For all new customers, your Management charge will be inclusive of one month FREE cover, giving you complete peace of mind. Therefore, in year one, the cost of cover equates to a monthly spend of £27.40 including VAT (net £22.83) across 12 months, due to the FREE service in month one, and represents only 3.2% of the annual income, based on a monthly rent of £850.00pcm. (Calculation is based on the service cost of rents up to £2,500.00pcm) A big risk removed, by a small monthly cost!* *Rent and Legal Protection is not available for customers where the rental amount exceeds £10,000.00 per calendar month.
Lettings Fees
Let Only (City Centre) Minimum Maximum	£750.00 inc. VAT (net £625.00) 90% of First Months Rent inc. VAT (net 75%)
Let with Management (City Centre) Minimum Maximum	£660.00 inc. VAT (net £550.00) 60% of First Months Rent inc. VAT (net 50%)
Let Only (North/South Manchester) Minimum Maximum	£714.00 inc. VAT (net £595.00) 90% of First Months Rent inc. VAT (net 75%)
Let with Management (North/South Manchester) Minimum Maximum	£594.00 inc. VAT (net £495.00) 60% of First Months Rent inc. VAT (net 50%)
Management Fee (of Monthly Rental Income) For all new customers, your management charge will be inclusive of 1 months free Rent & Legal Protection, giving you complete peace of mind. For full details of charges, please refer to 'Rent and Legal Protection' section above.	10.8% inc. VAT (net 9%) subject to a minimum monetary amount of £72.00 inc VAT (net £60.00) per calendar month.
Landlord Withdrawal / Admin fee (Thornley Groves supplied suitable Tenant)	£240.00 inc. VAT (net £200.00)
Referencing Fees (Right to Rent & Credit Checks)
Managed	1 Tenant - £60.00 inc. VAT (net £50.00) 2 Tenants - £99.90 inc. VAT (net £83.25) 3 Tenants - £144.00 inc. VAT (net £120.00) 3+ Tenants - £210.00 inc. VAT (net £175.00) Guarantor Fee - £60.00 inc. VAT (net £50.00)
Let Only	1 Tenant - £78.00 inc. VAT (net £65.00) 2 Tenants - £144.00 inc. VAT (net £120.00) 3 Tenants - £192.00 inc. VAT (net £160.00) 3+ Tenants - £228.00 inc. VAT (net £190.00) Guarantor Fee - £78.00 inc. VAT (net £65.00)
Inventories / Checkouts - Let Only Landlords
Inventories on lets up to £750.00pcm Unfurnished Furnished	£120.00 inc. VAT (net £100.00) £150.00 inc. VAT (net £125.00)
Inventories on lets of £751.00pcm to £1500.00pcm Unfurnished Furnished	£180.00 inc. VAT (net £150.00) £210.00 inc. VAT (net £175.00)
Inventories on lets of £1501.00pcm to £2500.00pcm Unfurnished Furnished	£240.00 inc. VAT (net £200.00) £270.00 inc. VAT (net £225.00)
Inventories on lets of £2501.00pcm or more	Subject to negotiation
Updating Inventory Previously Done by Thornley Groves (re-let)	As above
Checkout Inspection and Report Lets up to £1,000.00pcm Unfurnished Furnished	£120.00 inc. VAT (net £100.00) £144.00 inc. VAT (net £120.00)
Checkout Inspection and Report Lets of £1,001.00pcm and Over Unfurnished Furnished	£180.00 inc. VAT (net £150.00) £210.00 inc. VAT (net £175.00)
Tenancy Deposit Scheme
Security Deposit Registration (Let Only)	£70.80 inc. VAT (net £59.00)
Security Deposit Registration (Managed Let)	No Fee
Renewing Registration in Subsequent Years (Let Only)	£70.80 inc. VAT (net £59.00)
Renewing Registration in Subsequent Years (Managed)	£30.00 inc. VAT (net £25.00)
Tenancy Renewal
Extending an Existing Tenancy Following Expiry of Fixed Term Let Only Managed	£198.00 inc. VAT (net £165.00) £148.80 inc. VAT (net £124.00)
Keys - Let Only Landlords
Arranging Copies / Additional Keys, Fobs etc	£35.00 inc. VAT (net £29.17)
Accounts
Providing Copy of Monthly Statement BY POST	£30.00 inc.VAT (net £25.00) Per Statement
Providing Copy of Monthly Statement BY EMAIL	No Fee
Providing an Annual Statement for Tax Assessment BY POST OR EMAIL	£45.00 inc. VAT (net £37.50)
Overseas Landlord Tax
Landlord Failure to Apply for Approval Number from Inland Revenue	£30.00 inc. VAT (net £25.00) Per Month
Penalties Levied On or By the Agent Due to Shortfall of Funds	3% above Barclays Lending Rate
Miscellaneous
Court / Bailiff Attendance (First 2 Hours)	£114.00 inc. VAT (net £95.00)
Court / Bailiff Attendance (For Each Additional Hour)	£36.00 inc. VAT (net £30.00)
Visit to Property to Locate Meter or Access	£30.00 inc. VAT (net £25.00)
Caretaking of Empty Property at the Request of the Landlord (Please note: This service is not available for Let Only properties.)	£30.00 inc. VAT (net £25.00)
Arranging and Supervising Major Building or Refurbishment Work (Please note: Thornley Groves employees are NOT qualified / trained Project Managers. This service is not available for Let Only properties.)	12% inc. VAT (net 10%) of Total Cost of the Works
Energy Supplier Appointed by Thornley Groves	No Fee or £30.00 inc. VAT (net £25.00) Administration Fee to Opt Out
Dealing with Disputes from Non-Housing Act Tenancies (The Tenancy Deposit Scheme will make its independent alternative dispute resolution service available to you as our client.)	£600.00 inc. VAT or 12% of the Deposit (Whichever is the Greater)