LandlordSet Up Fees: A set-up fee of £354 inc VAT per tenancy (and Let Only Renewal) will be charged to Landlords for One full reference, contract negotiation (amending and agreeing terms) and arranging the tenancy and associated paperwork. This also includes registering the deposit with the DPS (if necessary), utility management and carrying out Land Registry and Anti-Money Laundering checks.
Service Fees: Our fees range between 10.8% to 16.8% inclusive of VAT of the rental income dependent on the level of service for the length of the initial fixed term and any subsequent renewal.
Rent Guarantee Insurance: This can be arranged by Oakwood Estates dependent on the rental income at a cost of between £300 inc VAT - £390 inc VAT.
Gas Certificate: This can be arranged by our independent gas safe registered engineer at a cost of £120 inc VAT.
Electrical Safety Certificate:
One Bedroom £228 inc VAT, Two Bedrooms £264 inc VAT, Three Bedrooms £288 inc VAT, 4 Bedrooms or above £32.40 inc VAT per circuit.
PAT Testing: £120.00 inc VAT up to 10 appliances.
Energy Performance Certificates (EPC): Can be arranged at a cost of £120 inc VAT
Additional References (per person): Charge of £42.00 inc VAT per reference in addition to the free reference included within the initial set up fee. If required a guarantor reference can also be obtained for a cost of £42.00 inc VAT.
Inventory & Check-In/ Check out Costs: An inventory is strongly recommended in order to obtain deposit dilapidations at the end of the tenancy. An inventory is mandatory for all managed properties:
Inventory Make (One-off payment)
Rooms - £96.00 inc VAT
Studio/ One bedrooms - £180 inc VAT
Two Bedrooms - £192 inc VAT
Three Bedrooms - £216 inc VAT
Four Bedrooms - £240 inc VAT
Five Bedrooms - £264 inc VAT
Six Bedrooms (or above) - £300 inc VAT
Check-In & Check-Out (per tenancy)
Rooms - £96.00 inc VAT per service
Studio/ One bedrooms - £144 inc VAT per service
Two Bedrooms - £168 inc VAT per service
Three Bedrooms - £192 inc VAT per service
Four Bedrooms - £216 inc VAT per service
Five Bedrooms - £240 inc VAT per service
Six Bedrooms (or above) - £264 inc VAT per service
Oakwood Estates are members of The Property Ombudsman, The Deposit Protection Scheme and Client Money Protect (see below).
Client Money Protection
We are accredited agents of the Client Money Protection (CMP) scheme and dedicated to protecting you and your assets.
To view our CMP accredited certificate, click here.