FEES & SERVICES
When you let your Property with Castle Estates you can be sure that the process will be stress free and we offer a broad range of services to suit any landlord; whether you’d prefer to just give us your keys and let us take care of everything or would rather self-manage your own let, hands on. As detailed below we have various levels of service ranging from a Let Only up to Full Management. Our fees are flexible and be can bespoke dependent upon location, type of property and number of properties you are proposing to let. Please contact us today to arrange a free property appraisal and agree a fixed fee. Please note that legislation requires Landlords to provide proof of ownership and personal photographic identification when letting a property.
If you are letting for the first time we have also detailed a list of associated budget costs relating to works and other legal requirements you will need to complete prior to marketing and a tenant moving in.
Castle Estates is subject to the Letting Agent Code of Practice (Scotland) Act Regulations 2016 and our Letting Agent Registration Number is LARN1810008. All rent and other payments received are held in a protected “Ring Fenced” designated client account currently with the Bank of Scotland. Client Money Protection is in place through our ARLA Client Money Protection Scheme and all our deposits are held by SafeDeposits
SERVICES AT A GLANCE
| LET ONLY |
LET/RENT COLLECT |
PART MANAGED |
FULLY MANAGED |
|
|---|---|---|---|---|
| INITIAL SET UP FEE INCLUDING VAT | N/A | £180 | £180 | £180 |
| MARKETING AND RENTAL ADVICE |  |
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| ADVERTISING ON MAJOR PORTALS | |
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| ACCOMPANIED VIEWINGS | |
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| ARRANGING PROFESSIONAL REFERENCING | |
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| PREPARING LEGAL DOCUMENTS | |
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| ADMINISTERING TENANTS DEPOSIT | |
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| NOTIFYING COUNCIL TAX CHANGES | |
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| NOTIFYING UTILITIES CHANGES | |
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| MONTHLY RENT COLLECTION | N/A | |
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| MONTHLY STATEMENTS | N/A | |
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| FINDING NEW TENANTS | N/A | |
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| REPORTING TO LANDLORD | N/A | |
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| HANDLING TENANTS ENQUIRIES | N/A | N/A | |
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| ARRANGING ALL SAFETY CERTIFICATES | N/A | N/A | |
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| ARRANGING REPAIR AND MAINTENANCE WORK | N/A | N/A | |
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| NEGOTIATING ANNUAL RENT REVIEWS | N/A | N/A | |
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| REGULAR PROPERTY INSPECTIONS | £50 | £50 | £50 | |
| PREPARATION OF INVENTORY | £60 MIN | £60 MIN | £60 MIN | |
| PREPARATION OF SCHEDULE OF CONDITION | £60 MIN | £60 MIN | £60 MIN | £60 MIN |
| SERVICES OF INDEPENDENT INVENTORY CLERK | £60 MIN | £60 MIN | £60 MIN | £60 MIN |
| SUBMISSION OF EVIDENCE DEPOSIT ADJUDICATION | £50 MIN | £50 MIN | £50 MIN | |
| ANNUAL AND COPY STATEMENTS | £25 | £25 | £25 | |
| TO LET WINDOW POSTER | £30 | £30 | £30 | |
| REFERENCE FEE PER TENANT | £35 | £35 | £35 | £35 |
| OVERSEAS LANDLORD FEE IF NOT REGISTERED WITH HMRC | N/A | £10/mth | £10/mth | £10/mth |
ASSOCIATED COSTS
When you initially set up a property to let their maybe additional associated costs* to ensure you and your property are fully compliant with current legislation. We have made a list of the main requirements and given costs for guidance only.
| Landlord Registration Landlord | £65 |
| Property (Per) | £15 |
| Gas Safety, Boiler Service, PAT Test, Legionnaire Assessment | £110 |
| Electrical Certificate Test (EICR) | £110 |
| Smoke and Heat Detectors (per fitting installed) | £95 |
| Carbon Monoxide Alarm (CO per fitting installed) | £40 |
* Costs include VAT were applicable and for guidance purposes only