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Our guide to selling your property Successful selling with Open House events Request your FREE property valuation Off-Market Property Search Thornley Groves Collection New Homes Division EPC reports Mortgage advice What do our customers say? View previously sold properties Stamp duty calculator Current PromotionsLandlords
Our Services For Landlords Request your FREE property valuation Compliance & Preparing For Your Tenancy Landlords Identification Requirements Current Promotions Interested in Property Management? Rent & Legal Protection Service Nil Deposit Scheme for Landlords Our Fees for landlords High Yielding Investment Properties New Homes Division Mortgage advice for landlords View Previously Sold PropertiesLooking to sell?
Our guide to selling your property Successful selling with Open House events Request your FREE property valuation Off-Market Property Search Thornley Groves Collection New Homes Division EPC reports Mortgage advice What do our customers say? View previously sold properties Stamp duty calculator Current PromotionsLandlords
Our Services For Landlords Request your FREE property valuation Compliance & Preparing For Your Tenancy Landlords Identification Requirements Current Promotions Interested in Property Management? Rent & Legal Protection Service Nil Deposit Scheme for Landlords Our Fees for landlords High Yielding Investment Properties New Homes Division Mortgage advice for landlords View Previously Sold PropertiesLooking to buy?
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If a guarantor is required then they would also need to have an income of: £{{ calculatedGuarantor | numberFormat }} |
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 of 11 March 2022 but Subject to Change
Legal Requirements and Best Practice | |
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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;
Compliance Package B (properties without Gas) includes;
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;
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. |
12% inc. VAT (net 10%) 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) |
*Please note that we are unable to accept payment from American Express Credit Cards*
The online fault reporting is only for tenants of TG managed properties.
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