Letting Fees

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Fees to Landlords:

The Let Only service from DKH is 9.6% including VAT

  • Advise on meeting your Tenants requirements
  • Full marketing of your property, including in office window, online and local press
  • Accompanying all Tenants to all viewings
  • Liaising with Tenants and handling all negotiations as per Landlords requirements
  • Conducting thorough reference checks
  • Generating the Tenancy Agreement
  • Collecting all funds prior to the Tenancy commencing
  • Setting up standing orders for future rental payments
  • Arranging the gas safety check, EPC and electrical checks, should you want these done via our reputable contractors
  • Registering the deposit with a government approved scheme, if required
The Rent Collection is 12% including VAT and also includes:

  • Monthly rent collection
  • Transferring the rent to your chosen account minus fees
  • Email monthly rental statements
  • Arranging the annual gas safety check
The Full Management service is 14.4% including VAT and also includes:

  • Tending to all maintenance matters
  • Conducting management visits and reporting to the Landlords accordingly
  • Arranging all periodic events such as gas safety checks and tenancy renewals
  • Arranging payments, as agreed, for all outgoings such as service charges and ground rent
  • Arrange for the inventory, check-in and check-outs to be conducted
  • Arrange for the return of the deposit
Additional Charges

Deposit Registration Fee:  £36.00 including VAT
  • Register Deposit with My Deposits who are a government approved deposit protection scheme.
  • Provide the Tenants with the Deposit Certificate and Prescribed Information within 30 days.
Inventory & Check-out Fee: POA
  • The Inventory and Check-in is undertaken by an APIP certified Clerk.
  • The cost will vary depending on the specifications of each individual property. Typically, a 1 bedroom flat is £120.00 (no VAT is applicable) and it the price will increase depending on the amount of rooms, bathrooms, external areas etc.
Tenancy Agreement Fee: £96.00 including VAT
  • A fee for providing and generating an Assured Shorthold Agreement.
Gas Safety Certificate: £65.00 
  • Our trusted Gas Safe Registered engineer will conduct the inspection and produce a certificate.
EPC: £90.00 including VAT
  • Our Assessor will conduct the report and provide an Energy Performance Certificate valid for 10 years.
Legionella Risk Assessment: £60.00
  • Our Assessor will conduct the report and provide an Energy Performance Certificate valid for 2 years.
Additional property visits: £36.00 including VAT
  • The office offers 2 management inspections per year on the Management Service however additional visits will be charged at the aforementioned price.
Submission of non-resident landlords receipts to HMRC:  £60.00 including VAT
  • To remit and balance the financial return to HMRC quarterly – and respond to any specific query relating to the return from the landlord or HMRC.
Serving of Notices: £72.00 including VAT
  • To complete and deliver legal notices on our Management Service.
Arrangement Fee for works:  POA                
  • We tend not to charge for overseeing works however if the anticipated works will be particularly time consuming the office is happy to discuss a suitable compensation.
If you have any queries about our fees please email watford@deykingharia.co.uk or call the office on 01923 831 020.

Fees to Tenants:

Holding Deposit 
  • One week's rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year)
  • Five Week's Rent. This covers damages or defaults on the part of the tenant during the tenancy.
 Security Deposit (per tenancy. Rent of £50,000 or over per year)
  • Six Week's Rent. This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid Rent
  • Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s) 
  • Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (incl. VAT) for the time taken replacing lost key(s) or other security device(s)

Variation of Contract (Tenant's Request)
  • £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents.
 
Change of Sharer (Tenant's Request)
  • £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking alndlord's instructions, new tenant referencing and Right-To-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant's Request)
  • Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Please ask a member of staff if you have any questions about our fees by contacting the office on 01923 831 020.

CLIENT MONEY PROTECTION:
www.propertymark.co.uk

Independent Redress:
The Property Ombudsman