Property Management Services in Canterbury
Leydon Lettings offer landlords fair and transparent, lettings and management fees. Manage your property today to get the benefits!
As a Canterbury landlord, you can benefit from one of four property management services, with Leydon Lettings, as your letting agent.
These include:
- Tenant Referal (bronze)
- Tenant Find (silver)
- Rent Collection (gold)
- Fully Managed (platinum)
In addition to our four lettings and management services, Leydon Lettings, as a predominantly student letting agency, recognises that student and professional property management fees are not a one-size-fits-all.
Therefore, professional and student landlords, managing properties with Leydon Lettings, will receive separate lettings fees. This reflects the difference in workload for student and professionally managed properties.
If you have any questions or queries regarding our lettings fees or property management services, please do not hesitate to contact a member of our team.
Management Fees
Student Management Fees Professional Management Fees | Tenant Referral | Tenant Find | Tenant Find + Rent Collection | Fully Managed |
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Management Services | £240 (inc. VAT) per property set-up, £60 (inc. VAT) per tenant referral |
75.0% (inc. VAT) of the first month's full annualised rent | 12.0% (inc. VAT) of the annualised monthly rent 11.0% (inc. VAT) of the annualised monthly rent | 15.0% (inc. VAT) of the annualised monthly rent 12.9% (inc. VAT) of the annualised monthly rent |
Pre-Tenancy | ||||
Deposit Set-UpSet-up an account with the Deposit Protection Service, or other chosen government-backed tenancy deposit scheme, on behalf of the Landlord. Landlord deposits received using the Full Management Service will be registered under Leydon Lettings deposit a/c.
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£120 (inc. VAT) per tenant / tenancy | £100 (inc. VAT) per tenant / tenancy | £80 (inc. VAT) per tenant / tenancy | £60 (inc. VAT) per tenant / tenancy |
Deposit RegistrationRegister the Landlord's and Tenant's details and protect the security deposit with a government-authorised scheme. Provide the Tenant with Deposit Certificate and Prescribed Information within 30 days of deposit or (partial deposit) receipt.
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£90 (inc. VAT) per tenant / tenancy £80 (inc. VAT) per tenant / tenancy | £80 (inc. VAT) per tenant / tenancy £70 (inc. VAT) per tenant / tenancy | £70 (inc. VAT) per tenant / tenancy £60 (inc. VAT) per tenant / tenancy | £60 (inc. VAT) per tenant / tenancy £50 (inc. VAT) per tenant / tenancy |
Inventory and Schedule-of-Condition ReportArrange an independent inventory and schedule-of-condition report at the Landlord's request.
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£75 (inc. VAT) + contractor rate per property | £50 (inc. VAT) + contractor rate per property | £25 (inc. VAT) + contractor rate per property | Contractor charge per property |
Mandatory HMO License ApplicationCompile documents and certificates to support any Mandatory Licence application before completing and submitting the application on the Landlord's behalf to Canterbury City Council for which a Mandatory License fee is charged (in addition to the Agent's fee).
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£375 (inc. VAT) per property + Council application fee | £325 (inc. VAT) per property + Council application fee | £275 (inc. VAT) per property + Council application fee | £225 (inc. VAT) per property + Council application fee |
Tenancy Set-Up
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60.0% (inc. VAT) of the monthly rent | 60.0% (inc. VAT) of the monthly rent | 60.0% (inc. VAT) of the monthly rent | 60.0% (inc. VAT) of the monthly rent |
During Tenancy | ||||
Certification, Reports, Tests, Inspections, Assessments, and the likeArrange compliant safety certificates, reports, tests, inspections, assessments and the like where applicable or upon renewal. Such certification carries onerous legal responsibility.
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- | £35 (inc. VAT) + contractor charge, per certificate | £35 (inc. VAT) + contractor charge, per certificate | Contractor charge per certificate |
Contractor's Quotes and Estimates (additional)Arrange additional contractor's quotes or estimates where the Landlord requires more than the three quotes already provided as part of the service.
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- | - | - | £30 (inc. VAT) per quote |
CleaningArrange for the Property to be professionally cleaned.
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£40 (inc. VAT) + contractor rate per clean | £30 (inc. VAT) + contractor rate per clean | £20 (inc. VAT) + contractor rate per clean | Contractor rate only, per clean |
Deposit DisputesMediate between the Landlord, the Tenants, and the Deposit Protection Service (DPS), and provide evidence to support any dispute or claim.
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- | - | - | £150 (inc. VAT) per tenancy |
Insurance Claim WorksArrange contractors to carry out repairs and remedies in the event of an insurance claim.
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12.0% (inc. VAT) of the claim value (minimum fee £58) | 12.0% (inc. VAT) of the claim value (minimum fee £58) | 12.0% (inc. VAT) of the claim value (minimum fee £58) | 12.0% (inc. VAT) of the claim value (minimum fee £58) |
Key CuttingArrange for keys to be cut at the request of the Landlord.
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- | £5 (inc. VAT) per key + Locksmith cost | £5 (inc. VAT) per key + Locksmith cost | Locksmith cost only |
Mediation Between PartiesMediate between the Landlord and Tenants and any relevant parties, e.g., guarantors, contractors, when obliged to do so or requested by the Landlord.
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- | - | - | £48 (inc. VAT) per hour |
Out-of-Hours Call-OutsAttend an out-of-hours emergency call-out to the Property, where the Agent (not a contractor), attends.
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£90 (inc. VAT) per hour | £80 (inc. VAT) per hour | £70 (inc. VAT) per hour | £60 (inc. VAT) per hour |
Out-of-Hours Call-Outs (unsociable hours/holidays)Attend an out-of-hours emergency call-out to the Property, during unsociable hours/holidays, where the Agent (not a contractor) attends.
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£150 (inc. VAT) first hour, £120 (inc. VAT) subsequent hours |
£140 (inc. VAT) first hour, £110 (inc. VAT) subsequent hours |
£130 (inc. VAT) first hour, £100 (inc. VAT) subsequent hours |
£120 (inc. VAT) first hour, £90 (inc. VAT) subsequent hours |
Property Visits (additional)Attend to specific requests e.g., neighbour disputes; additional visits to monitor the tenancy; inspection of works instructed by the landlord or any maintenance-linked visit.
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- | - | £40 (inc. VAT) per visit | £30 (inc. VAT) per visit |
Property Visits (await contractor)Attend the Property and await or enable contractor access.
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- | - | - | £48 (inc. VAT) per hour |
PhotographyArrange for the Landlord's Property to be professional photographed, and where possible, ensure the Property is first cleaned, tidy, and presentable.
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£75 (inc. VAT) + contractor rate (Full property only) | £50 (inc. VAT) + contractor rate | £25 (inc. VAT) + contractor rate | Contractor rate |
Renewal of TenancyNegotiate the renewal of the tenancy, amend and update any terms, and arrange for a further tenancy agreement to be signed.
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- | £80 (inc. VAT) per tenant | £70 (inc. VAT) per tenant | £60 (inc. VAT) per tenant |
Rent ReviewReview the Properties current rent, condition, location, and popularity and advise the Landlord on a suitable comparable rent price, in line with the current market value, at the Landlord's request.
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£48 (inc. VAT) per property | £48 (inc. VAT) per property | £48 (inc. VAT) per property | £48 (inc. VAT) per property |
Serve NoticesDraft and send appropriate notices during the tenancy (e.g., Section 8 or Section 21 notice, or the like) at the Landlord's request.
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- | £50 (inc. VAT) per notice | £50 (inc. VAT) per notice | £30 (inc. VAT) per notice |
Sublet AgreementAdvertise and/or conduct viewings and/or draw up a “sublet agreement” on behalf of the Landlord, at the Landlord's request.
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- | - | - | 50% of one full month's rent. |
Works Over £1000 (inc. VAT)
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- | 15.0% (inc. VAT) of the net cost (deposit £300) | 12.0% (inc. VAT) of the net cost (deposit £300) | 10.0% (inc. VAT) of the net cost (deposit £300) |
Financial Charges | ||||
Cancellation (pre-tenancy signing, and pre-tenancy start date)At the Agent's discretion, should the Landlord cancel before the tenancy agreement is signed and before the tenancy start date, the Landlord will pay the relevant Agent fee attributed to their management service.
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- | 60.0% (inc. VAT) of one month's full rent | 60.0% (inc. VAT) of one month's full rent | 60.0% (inc. VAT) of one month's full rent |
Cancellation (post-tenancy signing, and pre-tenancy start date)At the Agent's discretion, should the Landlord cancel after the tenancy agreement is signed and before the tenancy start date, the Landlord will pay the relevant Agent fee attributed to their management service.
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- | 75% (inc. VAT) of one month's full rent | 75% (inc. VAT) of one month's full rent | 75% (inc. VAT) of one month's full rent |
Cancellation (post-tenancy signing, and post-tenancy start date)At the Agent's discretion, should the Landlord cancel after the tenancy agreement is signed and after the tenancy start date, the Landlord will pay the relevant Agent fee attributed to their management service, had cancellation not occurred.
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- | - | 100% (inc. VAT) of the agreed annualised rent commission | 100% (inc. VAT) of the agreed annualised rent commission. |
Court AttendanceAccompany the Landlord to any Court re eviction or rent recovery at the Landlord's request. The Agent does not have a right of audience but may be permitted to support Landlord.
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- | - | - | £60 (inc. VAT) per hour (minimum £240) |
HMRC Reporting (additional) |
- | - | - | £72 (inc. VAT) per request |
HMRC (non-resident landlord's receipts)Submit quarterly financial return to HMRC. Respond to specific Landlord or HMRC queries.
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- | £100 (inc. VAT) per quarter | £80 (inc. VAT) per quarter | £70 (inc. VAT) per quarter |
Interest on Unpaid CommissionsWhere the Agent fees remain unpaid for more than 30 days interest applies.
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3.0% (inc. VAT) from due to until paid | 3.0% (inc. VAT) from due to until paid | 3.0% (inc. VAT) from due to until paid | 3.0% (inc. VAT) from due to until paid |
Legal Document PreparationPrepare legal documents, Letters Before Action (LBA), and the like, prior to, and following, any court and/or tribunal action or the like.
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- | - | - | £48 (inc. VAT) per hour |
Void Management ServiceAttend a vacant Property to check property condition, security of property and evidence of break-ins, collect and forward any mail, and the like, and report any findings to the Landlord, at the Landlord's request.
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- | - | £78 (inc. VAT) per calendar month | £78 (inc. VAT) per calendar month |
Works During Void Periods (additional)Arrange and carry out remedial works to the Property during void periods.
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- | - | - | 12.0% (inc. VAT) of the net cost |
Last updated: 10 March 2023