Landlord Fees
Landlord Fees
What fees can I expect to pay when I let a property through Marlowe?
All fees shown are including VAT at 20% unless stated otherwise
Schedule of Services
Tenant Introduction Service 12% (10% + VAT) of the gross rent payable throughout the initial term
Rent Management Service 13.2% (11% + VAT) of the gross rent payable throughout the initial term
Full Management Service 18% (15% + VAT) of the gross rent payable throughout the initial term
Renewal Fee 9% (7.5 % + VAT) of the gross rent payable throughout the extended term (For managed properties includes Smart Rental Protection +)
Pre-Tenancy Preparation
Administration Fee £300 per tenancy. (Includes AST preparation & Smart Rental Protection +)
Additional fees which may be applicable to some landlords
| TDS Deposit Registration | Free of charge |
| Disclaimer Agreement where landlord uses own tenancy agreement | Free of charge |
| TDS Dispute Administration (Managed Property) | Free of charge |
| Land Registry search | £5 per search if you are unable to provide proof of ownership |
| Inventory make and check ins (Free with fully managed) | £174 to £384 per tenancy (depending on property size) |
Additional Charges and Property Management
| Abortive letting administration fee, if landlord withdraws instruction after accepting offer | £180.00 |
| Gas/Electrical Safety Test arrangement fee | £36 in addition to the contractor’s invoice |
| Submission of non-resident landlord receipts to HMRC, per quarter – for the preparation and submission of receipts | £90 |