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Landlord Fees

This page outlines the administration and additional fees that may apply when instructing MyLondonHome to let or manage your property.

Let & Rent Collection​

11% 13.2% incl. VAT
  • Appraisal
  • Marketing
  • Viewings
  • Offer negotiation
  • Preparation of listing and statutory documents
  • Collect rent on behalf of the Landlord
  • Reconcile rent payments and maintain accounts
  • Provide the Landlord with monthly statements
  • Pursue rent arrears where necessary
  • Rent reviews
  • Property Management
  • Coordinate repairs and maintenance​
  • Oversee statutory compliance and safety requirements​
  • Manage day-to-day issues arising during the tenancy
  • Dilapidation and deposit negotiations
Find Out More
Our Let & Rent Collection service allows you to manage the tenancy yourself. We find a great tenant, move them in, and handle all the setup. Any costs associated with the pre-tenancy setup are billed separately, providing you with comprehensive service without the need for continual management.

Fully Managed

14% 16.8% incl. VAT
  • Appraisal
  • Marketing
  • Viewings
  • Offer negotiation
  • Preparation of listing and statutory documents
  • Collect rent on behalf of the Landlord
  • Reconcile rent payments and maintain accounts
  • Provide the Landlord with monthly statements
  • Pursue rent arrears where necessary
  • Rent reviews
  • Property Management
  • Coordinate repairs and maintenance
  • Oversee statutory compliance and safety requirements
  • Manage day-to-day issues arising during the tenancy
  • Dilapidation and deposit negotiations
Find Out More
Our Fully Managed service offers the same level of security at a lower fee. We handle all the administrative tasks, while you retain overall control. Any associated administration charges are billed separately, ensuring a transparent cost structure and peace of mind for landlords.
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  • Included
  • Not included

List of Fees

ServiceLet & Rent CollectionFully Managed
Tenancy Administration
Preparation of Tenancy Agreement£200£200
Annual Rent Review and Comparable Evidence Document (Periodic Tenancy)£200£200
Preparation & Service of Section 13 Notice£100Included¹
Tenancy Amendment (Deed / Variation)£100£100
Renewal MOA (Non-Housing Act Tenancies Only)£200£200
Preparation & Service of Written Statement of Information (Renters’ Rights Act 2025)£150£150
Compliance & Statutory Checks
PRS Database Registration£720£360
PRS Database Compliance Update£180 per annum£180 per annum
Sanctions Check (per landlord)£30£30
Tenant Referencing & Sanctions Check (per tenant)£36£36
Tenant Referencing & Sanctions Check (per guarantor)£36£36
Right to Rent Verification£36£36
AML / Land Registry Check£36Included¹
Annual Deposit Registration Charge£42£42
Property Management
Compliance Certificate Arrangement (Gas Safety, EPC, EICR etc.)£120 per itemIncluded¹
Arrangement Fee (EICR Remedial Works)18% of cost of worksIncluded¹
Additional Property VisitN/A£90
Attending PropertyN/A£90 per hour
Pet Consent / Pet Administration (RRA pet request process)ChargeIncluded¹
Key Cutting (Security Keys)£120Included¹
Key Cutting (Standard Keys)£60Included¹
Project Works Over £10,000N/A12%
Licensing Administration
Preparation & Administration of Additional Licence£720£360
Preparation & Administration of Selective Licence£720£360
Financial & Legal Administration
NRL Tax Return Preparation & Submission (Quarterly)£180 per quarter£90 per quarter
HMRC NRL Annual Tax Report (Overseas Landlords Only) ²£360 per annum£180 per annum
Overseas Bank Transfer / CHAPS Payment£36£36
Hard Copy Statements£24£24
Section 8 Notice (served via legal firm)Legal firm fees applyLegal firm fees apply
Court Appearance£500 per half day£250 per half day
Preparation for First-tier Property Tribunal Proceedings ³N/AIncluded¹
Negotiation for Early Termination (Deed of Surrender – NHA only)N/A£150
Withdrawal Fee£600£600
Accounts & Client Administration
Client Accounts ServiceN/AIncluded¹

Optional Services

ServiceFee (inc VAT)
Rent Guarantee & Legal Expenses Insurance
• Optional insurance product arranged through the Agent
• Subject to insurer underwriting and policy terms
• Cover commences only once accepted by the insurer		From £240 per
annum

Third Party Costs (Typical Market Rates)

ServiceTypical Cost (inc VAT)
Energy Performance Certificate (EPC)£90 - £150
Electrical Installation Condition Report (EICR)£180 - £300
Gas Safety Certificate (CP12)£90 - £120
Portable Appliance Testing (PAT)£60 - £120
Inventory & Check-In Report£120 - £300
Check-Out Report£120 - £250
Professional Cleaning£180 - £400
Carpet Cleaning£80 - £200
Smoke / CO Alarm Installation£30 - £80
Locksmith / Lock Replacement£80 - £200
Legionella Risk Assessment£80 - £150
Selective / Additional Licence ApplicationLocal authority fee (varies)

All fees are inclusive of VAT.

¹ Included within the Fully Managed service. Statutory, third-party, and contractor costs remain payable by the Landlord where applicable.
² If you already have an NRL number, this is not necessary.
³ Legal representation or solicitor costs are payable separately where required.

If you have any more questions about our landlord packages, please Contact Us and we’ll be happy to help!

Membership

MyLondonHome is a member of ClientMoney Protect, The Guild of Letting and Management and The Property Ombudsman (TPO).

ClientMoney Protect
The Guild of Lettings and Management
The Property Ombudsman

Client Money Protection

As members of ClientMoney Protect, our client accounts undergo regular audits, ensuring stringent safeguards are in place. For your peace of mind, a copy of our updated certificate and the comprehensive rules governing our Client Money Protection procedures are available below.

Client Money Protection Certificate

Membership No: CMP013008
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Information for Landlords and Tenants

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