Sugar

Landlord fees

Our landlord fees and charges

What we charge you depends a lot on what kind of property you’re letting. But here is a breakdown of all our charges to give you an idea of what to expect.
Your local team will talk you through our Terms of Business, the services we offer and what your fees will be.

Letting, renewal and receiving rent: 15%* of rent for the whole time your tenant stays in the property (24% inc VAT for short lets)

We will:

  • Find a tenant
  • Discuss local market conditions
  • Advise on preparing your property for letting
  • Advise on compliance and health & safety
  • Erect a ‘To let’ board
  • Market the property and advertise on relevant portals
  • Arrange and accompany viewings
  • Collect and hold the deposit
  • Ask tenants to set up rent payments and pass monies on
  • Make any necessary HMRC deduction
  • Chase late rent payments
  • Discuss renewal or termination with you before the end of the tenancy

* Minimum Fee London Region £3,000
* Minimum Fee Other Regions £2,000

Letting, renewal, receiving rent and management: 20%* of rent for the whole time your tenant stays in the property (24% inc VAT for short lets)

  • In addition to the letting, renewal and receiving rent services, well:
  • Deal with day-to-day management including repairs
  • Give utility suppliers meter readings when the tenancy starts and ends
  • Hold a set of keys throughout the tenancy
  • Hold a working fund and make payments
  • Organise the following safety checks: Gas safety record, electrical safety tests, smoke and carbon monoxide alarms
  • Visit the property at least once a year
  • Provide an emergency out of hours service
  • Manage the end of tenancy process and deposit return

* Minimum Fee London Region £3,000
* Minimum Fee Other Regions £2,400

Let-only service

150% of the average rent for the duration of the agreed term

* Minimum Fee £1800

Management-only service

Handover £600

Fees for the whole time your tenant stays in the property: 9.6%

* Minimum Fee £1800

Vacant management (before you let or between tenancies)

This depends on what you need: a minimum of £120 per month

Pre-letting service (visual check)

£600 plus reasonable travel expenses

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

Extra optional and non-optional fees and charges Fee inc. VAT
Tenancy paperwork – Long lets (landlords share) £300
Land registry £9.60
Deposit registration £30 per annum
Transferring deposit to landlord during tenancy £120
Helping with deposit adjudication £120 per hour
Selective licensing application handling £300
Selective licensing annual holding £120
Making an inventory e.g. three-bed unfurnished £216
Inventory ‘check-in’ e.g. three-bed unfurnished £180
Inventory arrangement (included with management service) £60 per appointment
HMO visits and/or any additional property visits £120 per visit
Quarterly return to HMRC £144 quarterly
Copy statements £30 per copy
Arranging works or refurbishment over £1000 12% of net cost
Insurance claims £120 per hour
Tenancy renewal paperwork (landlords share) £180
Cancelling a let before the tenant moves in £350 plus out of pocket costs
Service of notices:
Serve Section 13 Notice £50
Serve Section 21 Notice (included with management service) £50
Attending court £120 per hour
Attending court (Director) £240 per hour
Interest on unpaid commission or other monies 3% above the base rate of the Bank of England from time to time £30
Making a payment outside the UK £25
Making a same day payment in the UK £30

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