Fees for landlords

We think it's important that landlords aren't surprised with hidden costs. At Cherish Property we are always transparent with our costs and fees.

Letting Agreement Fee

3 weeks rent, minimum charge £300 inc VAT

This is for the initial arrangement fee for the letting of the property, which includes advertising on the relevant platforms, taking incoming calls from potential tenants, arranging and conducting viewings, setting up the tenancy when we have negotiated a deal and providing the relevant, legally binding documentation to the new tenants.


Gas Safety Certificate (CP12)

£90 inc VAT per certificate (has to be conducted every 12 months)

If you have a gas supply in your property, you’re required by law to provide a valid gas certificate. A valid gas certificate also has to be provided to a tenant before they move in to your property. Failure to do so will be breaking the law and will also affect your right to evict a tenant, should you require possession of your property at the end of the fixed term period. This all falls in line with the ‘How to Rent Guide’, which also has to be given to a tenant on or before the day they move in to your property.


Energy Performance Certificate (EPC)

£90 inc VAT for each certificate (valid for 10 years)

As of 1st October 2015, a landlord must provide a tenant with a valid EPC. If an EPC is not provided, this will affect your right to evict a tenant, should you require possession of your property at the end of the fixed term period. This all falls in line with the ‘How to Rent Guide’, which also has to be given to a tenant on or before the day they move in to the property.


Electrical Safety Certificate

POA

Providing your tenants with a Landlord Electrical Safety Certificate is highly recommended as a responsible landlord. Although it’s not always mandatory to provide one, it covers both your back and the tenants if any electrical problems do occur. If you fail to provide tenants with an electrical safety certificate you’re leaving yourself open to a significant amount of financial risk should any electrical faults occur.


Deposit Registration Fee

£24 inc VAT for each registration

Registration of your deposit with your preferred registration scheme.


Inventory Preparation

£84 inc VAT for each inventory completed

Full inventory of the property and furnishings (if applicable), including photos and meter readings.


Tenant Check In

£60 inc VAT

We'll meet your new tenant at the property on move in day and check them in against your inventory.


Renewal Fee

£70 inc VAT

Contract negotiation, amending and updating terms and drawing up a new tenancy agreement.