Fees for Landlords

All the following fees are inclusive of VAT at the current rate, unless otherwise stated

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 5 November 2018 but Subject to Change

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

Legal Requirements and Best Practice
Gas Safety Certificates £89.00
Electrical Safety Report £115.00
Electrical Installation Condition Report £225.00
Energy Performance Certificate £98.00

Legionella Risk Assessment

Managed

Non-Managed

£99.90 - First Assessment

£90.00 - Follow Up Assessment

£119.88 - First Assessment

£102.00 - Follow Up Assessment

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 

Non-Managed

Managed

 

£180.00

£148.80

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 Fee
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

Rent Protection Insurance: The service will apply for a minimum 12-month period and it is available for all managed landlords only

One Off Payment

Monthly Payment

 

£216.00

£21.60 per calendar month

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
Caretaking of empty Property at the request of the Landlord. (Please note: This service is not available for Non-Managed properties.) £18.00 per week
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 Non-Managed properties.) 12% of total cost of the works

 

*Please note that we are unable to accept payment from American Express Credit Cards*