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Landlord Letting Fees

Landlord letting charges vary by property type and which service(s) you choose. 

During the letting consultation, your KIRE representative will talk you through our terms of business, services and fees applicable prior to instruction. 

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*All fees and charges are shown including VAT unless otherwise specified.

 

Letting Only Service 11% (13.2% inc. VAT) of rent for the whole time your tenant stays in the property

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Letting with Rent Collection Service 12% (14.4% inc. VAT) of rent for the whole time your tenant stays in the property

     *Minimum fee London: £1,800     

     *Minimum fee other regions: £1,200​​

  • Short lets (less than six months): 20% (24% inc. VAT) of rent​

             *Minimum fee all regions: £1,000

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Letting, Rent Collection and Property Management Service - 17%​​​ (20.4% inc. VAT)

       *Minimum fee London:  £3,000
       *Minimum fee other regions: £2,400​ 

  • Short lets (less than six months): 25% (30% inc. VAT) of rent

         *Minimum fee all regions: £2,000

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Management-only service: £600 handover and 6% (7.2% inc. VAT) of rent payable minimum fee £1,800

 

Vacant management (before you let or between tenancies): Depends on needs: minimum monthly fee £120

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Pre letting service (visual check): £600

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Sale of property (including sales progression): 2.4% of the agreed sale price

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Service charges related to all tenancy types:

  • Land registry check: £4.80

  • Tenancy paperwork: £300

  • Making an inventory: (For example for a 3-bed unfurnished - £300, third-party charge)

  • Paperwork for renewing a tenancy: £180

  • Cancelling a let before a tenant moves in: £350 plus costs

  • Interest on unpaid fees or other money: 3% above Bank of England base rate per annum, calculated daily

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Service charges specific to tenancy type:

Assured shorthold tenancies

Right to Rent checks: £30 per person 

Deposit registration: £48 per year 

Inventory check-in: Third-party charge e.g. for 3-bed unfurnished £216

Inventory check-out: Third-party charge e.g. for 3-bed unfurnished £216

Tenant and/or guarantor references: £45 per person 

Change of sharer: £375 

Change of additional sharer that takes place at the same time as above: £75 

Right to Rent expiring time limited document check: £50 per person 

 

Non housing tenancies

Right to Rent checks: £30 per person 

Deposit registration: NA

Inventory check-in: 3rd party charge e.g for 3 bed unfurnished £216. Your tenancy agreement will say if the tenant will pay one of these charges or if you’re liable for both

Inventory check-out: 3rd party charge e.g for 3 bed unfurnished £216. Your tenancy agreement will say if the tenant will pay one of these charges or if you’re liable for both

Tenant and/or guarantor references: £45 per person 

Change of sharer: NA

Change of additional sharer that takes place at the same time as above: NA

Right to Rent expiring time limited document check: £50 per person 

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Company tenancies

Right to Rent checks: NA

Deposit registration: NA

Inventory check-in: 3rd party charge e.g for 3 bed unfurnished £216. Your tenancy agreement will say if the tenant will pay one of these charges or if you’re liable for both

Inventory check-out: 3rd party charge e.g for 3 bed unfurnished £216. Your tenancy agreement will say if the tenant will pay one of these charges or if you’re liable for both

Tenant and/or guarantor references: NA 

Change of sharer: NA

Change of additional sharer that takes place at the same time as above: NA

Right to Rent expiring time limited document check: NA

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Service charges based on Landlord requests:

Assured shorthold tenancies

Change in ownership set-up, per property based on the work involved: £120 - £600

Serving a Section 13 Notice: £50

Attending court per hour: £120

Attending court (one of our Directors) per hour: £240

Sending a CHAPS (same day) payment in the UK: £30

Making a payment outside the UK: £30

Submitting non-resident landlord returns to HMRC per landlord: £120 per quarter

Consolidated statement: £30 per copy

Copy of head lease from the HM Land Registry website (where available): £4.80

Transferring deposit to landlord or other agent during tenancy: £120 

Helping you recover deposits through TDS adjudication: £120 per hour 

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For managed tenancies only:

Handle payment of any service charges: £120 per year

Arranging works or refurbishment over £1,000: 14.4% of net cost of works

Getting quotes, if you then organise the work yourself: £600

Getting quotes, if you then decide against any work: £120

Meeting contractors, third parties to assist with insurance claims, HMO visits and/or any additional property visits: £120 per visit

Any license holding (where you live outside of the UK and the local authority scheme insists on a UK-based holder): £150 per year

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For non-managed tenancies only:

Arranging inventory appointment: £60 per appointment

Serving a Section 21 Notice (included with management service): £50

Notice to quit: £50

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Non housing tenancies

Change in ownership set-up, per property based on the work involved: £120 - £600

Serving a Section 13 Notice: £50

Attending court per hour: £120

Attending court (one of our Directors) per hour: £240

Sending a CHAPS (same day) payment in the UK: £30

Making a payment outside the UK: £30

Submitting non-resident landlord returns to HMRC per landlord: £120 per quarter

Consolidated statement: £30 per copy

Copy of head lease from the HM Land Registry website (where available): £4.80

Transferring deposit to landlord or other agent during tenancy: NA

Helping you recover deposits through TDS adjudication: NA

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For managed tenancies only:

Handle payment of any service charges: £120 per year

Arranging works or refurbishment over £1,000: 14.4% of net cost of works

Getting quotes, if you then organise the work yourself: £600

Getting quotes, if you then decide against any work: £120

Meeting contractors, third parties to assist with insurance claims, HMO visits and/or any additional property visits: £120 per visit

Any license holding (where you live outside of the UK and the local authority scheme insists on a UK-based holder): £150 per year

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For non-managed tenancies only:

Arranging inventory appointment: £60 per appointment

Serving a Section 21 Notice (included with management service): £50

Notice to quit: £50

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Company tenancies

Change in ownership set-up, per property based on the work involved: £120 - £600

Serving a Section 13 Notice: £50

Attending court per hour: £120

Attending court (one of our Directors) per hour: £240

Sending a CHAPS (same day) payment in the UK: £30

Making a payment outside the UK: £30

Submitting non-resident landlord returns to HMRC per landlord: £120 per quarter

Consolidated statement: £30 per copy

Copy of head lease from the HM Land Registry website (where available): £4.80

Transferring deposit to landlord or other agent during tenancy: NA

Helping you recover deposits through TDS adjudication: NA

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For managed tenancies only:

Handle payment of any service charges: £120 per year

Arranging works or refurbishment over £1,000: 14.4% of net cost of works

Getting quotes, if you then organise the work yourself: £600

Getting quotes, if you then decide against any work: £120

Meeting contractors, third parties to assist with insurance claims, HMO visits and/or any additional property visits: £120 per visit

Any license holding (where you live outside of the UK and the local authority scheme insists on a UK-based holder): £150 per year

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For non-managed tenancies only:

Arranging inventory appointment: £60 per appointment

Serving a Section 21 Notice (included with management service): £50

Notice to quit: £50

BENEFITS OF WORKING WITH US

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HIGHER LETTING PRICE AND INVESTMENT ROI

  • Intimate "native" knowledge of the luxury house/flat lettings market in NW3 and surroundings helps us to assess the correct property's rental value, to promote the home and area, and to negotiate highest prices for your property

  • Expert management of rental turnover to maximize ROI on rental property investment

  • International network of partner agencies supply overseas tenants

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STREAMLINED PROCESS IMPROVES SERVICE WHILE REDUCING STRESS AND RISK

  • Building long-lasting relationships and delivering exceptional customer service is core to our process and company values

  • Turnkey service allows landlords to navigate legal and financial responsibilities with ease, safeguarding our clients and customers

  • Receive updates, not headaches, as we manage the lettings process from start to finish while giving you complete visibility

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GAIN ACCESS TO THE BEST BUYERS AND INCREASE YOUR CHANCES OF LETTING

  • Get noticed with our stand-out media and writing-  example

  • Proactive and creative direct and digital advertising to reach the best renters

  • Extensive off-market buyer network, local connections, and strong relationships (and incentives) with agents to draw out their renters

  • By offering KIRE renters access to our community network and invitations to our events we are able to increase the attractiveness of the community and your house in your favour

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