Transparent and Fair Fees

Beresford Ward believe in transparent and fair fees for our Landlords. You may be surprised to learn that much of the value we add to your letting services are completely free of charge.  Yes.  Free.

At Beresford Ward we offer two types of service, the Tenant find service or our more popular Full Management Service

Tenant Find:
60% of 1st months rent
(inc. VAT)
Fully Managed:
12 % of monthly rent
(inc. VAT)
Agree the rental value tick  tick
Provide guidance on compliance with statutory provisions and
letting consents.
tick  tick
Advise on refurbishment requirements tick  tick
Erect board outside property in accordance with Town and Country Planning Act 1990 (where possible) tick  tick
Market the property and advertise on relevant portals tick  tick
Carry out accompanied viewings (as appropriate) tick  tick
Find tenants tick  tick
Advise on non-resident tax status and HMRC (if relevant) tick  tick
Collect and remit initial months’ rent tick  tick
Provide tenants with method of payment tick  tick
Deduct any pre-tenancy invoices tick  tick
Make any HMRC deduction and provide tenant with the NRL8
(if relevant)
tick  tick
Advise all relevant utility providers of any changes tick  tick
Agree collection of any shortfall and payment method tick  tick
Demand, collect and remit the monthly rent  tick
Arrangement payments for statutory requirements  tick
Pursue non-payment of rent and provide advice on rent
arrears actions
Undertake routine visits and notify the outcome to the landlord  tick
Arrange routine repairs and instruct approved contractors  tick
Security Deposit dilapidation negotiations  tick
Hold keys throughout the tenancy term  tick

Tenant Fee Ban

The tenant fee ban means that a landlord and/or letting agent will not be able to charge fees fee to their tenants before or during a tenancy. The act does not affect a landlords rights at the end of the tenancy in making a claim on the deposit.

As of June 1st 2019 the only payments that can be charged to the tenant are:

  • The rent
  • A refundable tenancy deposit capped at no more than five weeks’ rent where the annual rent is less than £50,000, or six weeks’ rent where the total annual rent is £50,000 or above
  • A refundable holding deposit (to reserve a property) capped at no more than one week’s rent
  • Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher
  • Payments associated with early termination of the tenancy, when requested by the tenant
  • Payments in respect of utilities, communication services, TV licence and council tax; and
  • A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement

All other fees not on this list, will be classed as a prohibited payment and you should not charge it. A prohibited payment is a payment outlawed under the ban.

Please click here to access a copy of the Tenant Fee Act 2019

Please press the icon below to view our full list of fees

landlord fees