Letting Fees for tenants
Pre-Tenancy & End of Tenancy Fees
Deposit
The Deposit will be calculated against five weeks rent or six weeks’ rent where the total annual rent is £50,000 or above. The formula: Monthly Rent x 12 / 52 x 5= 5 Week Deposit.
Change of/or Additional Tenant
Unpaid Rent/ Returned Payments
Interest will be charged in line with the Bank of England’s rate + 3% if a rent payment is more than 14 days overdue for each day the payment is outstanding.
Non-ASTs signed on or after 1st June 2019
For any individual tenant not renting a property under an Assured Shorthold Tenancy the following charges are also payable: Tenancy Administration charge – £150 +VAT (£180 incl. VAT) per tenancy; Reference charge – £50 +VAT (£60 incl. VAT) per tenant or guarantor; Check out inspection – £160+ VAT (£192 incl. VAT); Tenancy renewal £120+VAT (£144 incl. VAT). If a tenant decides to rent a property through us in the name of a business or company the tenancy administration and reference charge will be £320+ VAT (£384 incl. VAT) for a new tenancy and £160+VAT (£192 incl. VAT) for every renewal.
Letting Fees for Landlords
Non-Managed Tenancy including Rent Collection
Fee of 9%+VAT (10.8% incl. VAT) of total rent achieved to be taken on a monthly basis in line with our rent collection service;
Renewal Fee
Fee of 7%+VAT (8.4% incl. VAT) of total rent achieved for the renewal period will be taken on a monthly basis.
Property Management Service Fee
Silver
Gold
Platinum
Additional Fees & Disbursements for Landlords
Inventory Check in/Check out
Annual Gas Safety Inspection
£90+VAT (£108 incl. VAT) for an inspection of gas appliances by a Gas Safe registered engineer and issuing of gas safety certificate
Energy Performance Certificate
£90+VAT (£108 incl. VAT) for an inspection by a qualified energy assessor and issuing of a new E.P.C certificate
Transferring deposit to the landlord during the tenancy
Changing of ownership set up
Helping with deposit adjudication
Meeting third parties for insurance claims
Making a payment outside the UK
Making a same-day payment in the UK
Copy monthly statement (per statement)
Annual income/expenditure report
Serve Section 21 Notice (included with Management Service)
Serve Section 13 Notice (included with management service)
Accompanying Landlord Contractor (Per hour including travel)
Licensing application service fee
Individual tenant replacement during the prescribed tenancy of multiple tenants
Drawing up renewal Memorandum of Agreement
Drawing up new AST for renewal term
Client Protection Scheme
The ‘MyDeposit’ insurance deposit protection scheme allows Go View London to hold a tenant’s deposit in a client account whilst complying with our legal obligations to both landlord and tenant.
Redress Scheme
Go View London are proud members of three Redress Schemes: UK Association of Lettings Agents, National Landlord Association & The Property Ombudsman.
