Residential Lettings Charges
Complete transparency on all fees payable by landlords. No hidden charges, no surprises – just clear, competitive pricing.
LANDLORD FEES
Charges Payable by a Landlord
Our comprehensive lettings services with clear, upfront pricing.
Service Levels
Choose one of the following service packages:
| # | Services | Fees | Notes |
|---|---|---|---|
| 1 | Let Only | 9.6% (8% + VAT) | The fee is deducted in a single instalment from the initial rent/s paid by the tenant, and is calculated as a percentage of the gross rent payable for the duration of the initial tenancy term. This is subject to a minimum fee of £1080. |
| 2 | Let and Rent Collection | 12% (10% + VAT) | The fee is deducted in monthly instalments from the initial rent/s paid by the tenant, and is calculated as a percentage of the rent paid monthly throughout the duration of the tenancy, renewal and statutory periodic tenancy. |
| 3 | Full Management | 15% (12.5% + VAT) | The fee is deducted in monthly instalments from the initial rent/s paid by the tenant, and is calculated as a percentage of the rent paid monthly throughout the duration of the tenancy, renewal and statutory periodic tenancy. |
Additional Charges
Applicable fees in addition to your chosen service level:
| # | Services | Fees | Notes |
|---|---|---|---|
| 4 | Renewal on Let Only | 9.6% (8% + VAT) | The fee is due from the Landlord upon confirmation of renewal and is calculated as a percentage of the gross rent payable for the duration of the initial tenancy term. This is subject to a minimum fee of £1080. |
| 5 | Statutory Periodic Tenancy (Rolling) on Let Only | £500.00 + VAT | The fee is due from the Landlord upon confirmation of statutory periodic tenancy and is calculated as a flat fee of £500.00 + VAT. Should the Landlord and tenant (introduced by Livco London) renew the agreement at any point, the fee shall increase to Renewal on Let Only. |
| 6 | Tenancy Setup Fee | £300.00 + VAT | Fixed for all service levels. For contract negotiation (amending & agreeing terms) and arranging the associated paperwork. This also includes Right to Rent checks, registering the deposit with the Tenancy Deposit Scheme (if necessary). |
Additional Services
Additional Costs Before Tenancy Starts
Optional services to ensure your property is fully compliant and ready for tenants.
| # | Services | Landlord Cost | Included in Full Management |
|---|---|---|---|
| 7 | Referencing |
£60.00 + VAT Per tenant, guarantor or permitted occupier for referencing and a financial credit check. |
✓ |
| 8 | Renewal Paperwork |
£150.00 + VAT For contract negotiation (amending and agreeing terms) and associated paperwork. |
✓ |
| 9 | Energy Performance Certificate (EPC) | £80.00 + VAT | |
| 10 | Gas Safety Certificate | £80.00 + VAT | |
| 11 | Portable Appliance Test | £60.00 + VAT | |
| 12 | Legionella Risk Assessment | £80.00 + VAT | |
| 13 | Electrical Installation Condition Report | £180.00 + VAT | |
| 14 | Carbon Monoxide & Smoke Alarms |
£110.00 + VAT For base rate of installation, quote provided prior to work. |
|
| 15 | Inventory and Check In Costs |
£130.00 + VAT This fee is the cost the independent inventory clerk charges and these charges are based on a maximum of two bedrooms. Should the property exceed two bedrooms, the price may increase and a quote will be provided prior. |
|
| 16 | Property Inspection |
£110.00 + VAT For an inspection of the property to be carried out. |
✓ Includes one annual visit |
| 17 | Completion Handovers |
£180.00 + VAT For us to be present on the landlord’s behalf at the handover of the property from the vendor or developer following completion of a purchase. This will include a basic check of the property and taking possession of the keys, but is not a snagging service. |
✓ |
| 18 | Council Licensing Applications |
£280.00 + VAT Arrangement fee. This fee is in addition to any fee from the relevant Borough |
For Tenants
Permitted Tenant Payments
In accordance with the Tenant Fees Act 2019, the following are the only fees we can charge tenants.
Holding Deposit
1 week’s rent
To reserve a property. This is deducted from your first month’s rent.
Security Deposit
5 weeks’ rent
Capped at 5 weeks’ rent for annual rent under £50,000 or 6 weeks’ rent for annual rent over £50,000.
Early Termination
Landlord’s costs
If you wish to end your tenancy early, you may be liable for the landlord’s reasonable costs.
Lost Keys
Actual cost
Cost of replacing keys or security devices if lost or damaged.
Late Rent Payment
3% + BoE rate
Interest charged on rent over 14 days late at 3% above the Bank of England base rate.
Contract Changes
£50 (max)
For changes to the tenancy agreement requested by the tenant after signing.
Have Questions About Our Fees?
Our team is here to help you understand our services and find the right solution for your needs.
