If you’re investing in a buy to let property, we have the local knowledge to show you the hottest rental spots, advise you on potential rental yields and locate the type of property you’re after. Whether it’s near top existing transport links, at the heart of the best local amenities or near planned infrastructure, you’ll be the first to know about any new buy to let investment opportunities before they’re even listed online.
The process of acquiring a buy to let property is slightly different to purchasing a typical residential home. The purchase is still part of a conveyancing process but some of the charges and expectations are different. Also consider that being a landlord means you have legal obligations to fulfil. These include things such as carrying out regular safety checks and providing a certain level of living standard throughout the tenancy. With Jones Robinson, our expert team will be on hand to walk you through every step of the process and to help you with all the rules and regulations you’ll need to adhere to ensuring you remain compliant.
We believe in being completely upfront regarding our fees - so you can manage the cost effectively and don't have to worry about any hidden charges along the way.
The percentages below are applied in each case to the monthly rent payable by the tenant under the tenancy agreement, and are all inclusive of VAT.
Rent Collection Service – 11.6% (9% plus VAT)
Premier Rent Collection Service – 13.2% (11% plus VAT)
Managed Service – 15.6% (13% plus VAT)
Premier Managed Service – 18% (15% plus VAT)
The above are subject to a set up fee equivalent to 13 days rent plus VAT
Inventory Costs may be applicable including updating and re-typing – these costs vary dependent upon whether the Property is Furnished or Unfurnished and upon the size of the Property – please contact the Office for further information.
A reference charge will be applied to your account at the cost of £48 (£40 plus VAT) for each person added as either a tenant or guarantor to each tenancy.
Checking and making any alterations requested by the Landlord’s solicitor to our standard Tenancy Agreement: £60.00 including VAT per hour or part of an hour.
Visits during a void period using our caretaking service £72.00 including VAT for one visit each week during office hours.
A supervisory fee of 9% Inc. VAT of the total cost of any works required at a property in excess of £800.
A supervisory fee of 9% Inc. VAT of the partial or total refurbishment of the Property costs.
If the Landlord is not resident in the UK the Agent will charge an administration fee of £36.00 each quarter for tax retention and completion of the documentation required by the Centre for Non Residents.
Cost to hire electric/oil fired heaters when tenants are without heating is subject to a fee of £12.00 including VAT per heater per day.
Preparation of documentation for County Court proceedings or TDS adjudication will be £120.00 including VAT and attendance at court or any tribunal on the Landlord’s behalf will be charged at £240.00 including VAT per half day.
Duplicate/copy statements can be provided to the Landlord or accountant for a fee of £12.00 including VAT per statement or £120.00 including VAT for all the statements covering a tax year.
Arrangement a residential EPC £96.00 including VAT.
If a tenant/s introduced to the property by Jones Robinson enters into a binding contract to purchase the property a fee of 1.8% Inc. VAT of the purchase price is payable to Jones Robinson within 10 days following the completion of the sale.
Our Latest Update
We are delighted to have reopened our offices in line with the latest Government guidelines. Health and safety is our number one priority and you can rest assured we are doing all we can to protect the welfare of our staff and customers. Our processes have been adapted to meet the new social distancing rules. Please refer to our blog page under our 'About' tab for our latest update.