Book a Property Valuation

 

 

FULLY MANAGED SERVICE


Fees vary depending on our 2 levels (Fully managed or Tenant Find)
 

SET UP FEE
Fee: £375
+VAT / Total Inc VAT: £450


Includes agreeing the market rent and finding a tenant in accordance with the landlord guidelines. This involves marketing and advertising the property; erecting a board in accordance with Town and Country Planning Act 1990, then carrying our accompanied viewings as appropriate. It also includes providing notification of non-resident tax status and making an HMRC deduction. Also included is advising on refurbishment and providing guidance on compliance with statutory provisions and lettings consensus. This will include the cost of Tenant Referencing to the applicant(s). The check will include credit status, current or previous employer, current or past landlord, and taking into account any other information to help assess the affordability criteria of the applicant(s).Depending on the outcome of the referencing, an applicant(s) earnings or overall financial position may require a Guarantor. The cost of refencing a Guarantor is included in the fee. Should there be a specific situation whereby you have consented to a permitted occupier, appropriate documentation to reflect this is included within this fee. We shall carry our Right to rent checks on the applicant(s) and any other adult occupier of the property. We shall carry out Right to Rent checks on the applicant(s) and any other adult occupier of the property at the commencement of the tenancy. We shall carry out further checks on adult occupants with time- limited Right to Rent or where you have instructed us to commence a Right to Rent check on a new adult occupier where is a change in occupancy during the tenancy.

MONTHLY FEE
Fee: 15%
+VAT / Total Inc VAT: %


This is a monthly commission calculated as a percentage of the monthly rent, for collecting and remitting the monthly rent received, deducting commission and other works, and supplying monthly statements. When necessary it include=s the pursuance of non-payment of rent and providing advice on rent arrears actions. It includes 6-monthly routine visits and the landlord is advised of the outcome. This fee covers advising all utility providers of any tenancy changes, arranging routine repairs and holding the keys during the tenancy.


 

SECURITY DEPOSIT REGISTRATION FEE
Fee: £70+VAT / Total Inc VAT: £84


All tenants’ deposits must be registered- by law- with a government authorised scheme. This fee is for registering the landlord and tenant details and protecting the security deposit; then providing the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of the tenancy. The scheme used by Hamilton Parkers is “”.

INVENTORY FEE
Fee- See separate schedule


It is important to have a thorough and detailed inventory which service several vital functions, including providing a catalogue of the let property, an unbiased record of its condition and any terms included in the tenancy. It forms part of the legally binding contract between the tenant and the landlord. Hamilton Parkers employs independent specialists to prepare inventories and as such the cost of the inventory is dependant upon the provider available in the locality of the property at the time required. The cost of the inventory varies dependant on the number of bedrooms and outbuilding the property has.

RENEWAL FEE
Fee: £120 +VAT / Total Inc VAT: £144


If both parties agree that the tenant can stay for another term, this cost covers the contract negotiation, amending and updating the terms and arranging a further tenancy and agreement.

CHECK OUT FEE
Fee: £120 +VAT / Total Inc VAT: £144


This fee covers agreeing with the tenant(s) a check out date and arranging an appointment; instructing the inventory provider to attend; negotiating with the landlord and tenant(s) any disbursement of the security deposit. To return the deposit to the agreed parties. Remit any disputed amount to Scheme for final adjudication. Unprotect the security deposit, instruct contractors, obtain quotes, organise repairs/replacement of items.

GAS SAFTY CERTIFICATE
Fee: £30 +VAT / Total Inc VAT: £35


The Gas Safety (Installation and Use) Regulations 1998 state that all new, let and managed properties must have a gas safety certificate to start the tenancy and must be tested annually for safety. Hamilton Parkers appoint a Gas Safe Engineer to do this and this fee covers arranging access and retaining the certificate. It does not include the cost of the certificate.

 

ADDITIONAL CONTRACTOR QUOTES
Fee: £25 +VAT / Total Inc VAT: £30


 If more than 2 contractor quotes are required by the landlord for maintenance works, this fee is charged per additional quote required.

ARRANGEMENT FEE FOR WORKS
Fee: £
+VAT / Total Inc VAT: £


 When the invoice for essential work exceeds £200, a fee of 12% + VAT of the invoice is charged in respect of

arranging the works and assessing costs with the contractor(s); for ensuring all works have been carried out

in accordance with the specification of the works; processing payment and retaining any warranty or

guarantee.

QUATERLY SUBMISSION OF NON-RESIDENT LANDLORDS TO HMRC
Fee: £25 +VAT
Quarterly- £50 + VAT / Total Inc VAT: £30 Quarterly- £60


 This fee is charged to remit and balance the financial return to HMRC quarterly, and respond to any specific

query relating to the return from the landlord or HMRC. An annual submission is also required.

ADDITIONAL PROPERTY VISITS
Fee: £50 +VAT / Total Inc VAT: £60


 If a routine visit (over and above the two 6-monthly visits included in the monthly fee) is required – for

example at the specific request of the Landlord, or to resolve a neighbour dispute, a fee is charged.

COURT ATTENDANCE
Fee: £200 +VAT
Inc Expenses / Total Inc VAT: £240 Inc Expenses


 

In the unfortunate event where Hamilton Parkers might need to represent you in court – for example if a tenant

requires eviction, these fees apply. Expenses include travel, accommodation and parking if applicable.

WITHDRAWAL FEE BEFORE TENANCY HAS STARTED
Fee: Up to £83.33 +VAT / Total Inc VAT: Up to £100


When a Landlord terminates an agreement before the tenancy has started, any actual costs incurred in the

marketing and set up of the property are passed to the landlord.
 

WITHDRAWAL FEE ARFTER TENANCY HAS STARTED
Fee: 1 Months Calendars rent + VAT


When a Landlord terminates an agreement and the tenant remains in the property. The fee includes

notifying the relevant utility providers and advising the tenant of their security deposit status.

DISPUTE FEE
Fee: £100 +VAT / Total Inc VAT: £120


Post checkout if any proposed deductions in the security deposit are disputed by the tenant, this fee covers

compiling the relevant documentation to support the landlord’s position.

SPECIFIC SITE VISIT
Fee: £50 +VAT / Total Inc VAT: £60


When a Landlord requests a specific visit in order to assess a maintenance requirement

CONTRACTOR COMMISION
Fee: 12% +VAT / Total Inc VAT: 14.4%


Hamilton Parkers reserves the right to make a commission charge to any contractor instructed on behalf of the landlord up to 14.4% (12% +VAT) of the net cost of the work. This is invoiced directly to the contractor.

TAKE OVER MANAGEMENT FEE
Fee: £300 +VAT / Total Inc VAT: £360


This fee is to be charged for take over management service from your current letting agent and will cover an AST check, a property visit, smoke alarm check and a new AST.

RENT REVIEW FEE
Fee: £25 +VAT / Total Inc VAT: £30


 

NON-ROUTINE MANAGED SERVICE
Fee: £15 Inc VAT per hour


Where we are required to provide non routine management services e.g. fire, flood, subsidence.

The following services are optional:

SMOKE/CARBON MONOXIDE ALARMS
Fee: £60 +VAT / Total Inc VAT: £72


Arranging the installation of the smoke and carbon monoxide alarms.

SMOKE/CARBON MONOXIDE ALARMS
Fee: £50 +VAT / Total Inc VAT: £60


Checking alarms are working on first day of tenancy.

EPC
Fee: £100 +VAT / Total Inc VAT: £120


To instruct a certified engineer to carry out an Energy Performance Certificate.

WATER AND BACTERIAL TESTING
Fee: £120 +VAT / Total Inc VAT: £144


 

To book and carry out a water and bacterial test for your property.

PAT AND ELECTRICAL TESTING
Fee: £20 +VAT / Total Inc VAT: £24


Hamilton parkers to appoint and EICR qualified engineer to carry out either PAT testing or a full electrical certificate. It does not include the cost of the certificate.
 



TENANT FIND SERVICE


 

Hamilton Parkers Tenant Find Service is a Set Up Fee equal to 1 months rent +20% VAT and there is a minimum fee of £720 (£600 +VAT). Some examples of these fees Inc. VAT at differing rent amounts are set out below:

 

Rent Per Calendar Month

£300

£450

£600

£800

£1,000

£1,200

£1,400

Set Up Fee

£720

£720

£720

£960

£1,200

£1,440

£1,680

 

The setup fee includes agreeing the market rent and finding a tenant in accordance with the landlord’s

guidelines. This involves marketing and advertising the property; erecting a board, then carrying out

accompanied viewings as appropriate. It also includes providing notification of non-resident tax status and

making an HMRC deduction as well as providing the tenant with an NRL8 (if applicable.) Hamilton Parkers collects and remits the first month’s rent received, deducting commission and other works, and supplies a

statement. This fee covers advising all utility providers of any tenancy changes. This will include the cost of Tenant Referencing the applicant(s). The check will include credit status, previous employer, current or past landlord and taking into account any other information to help assess the affordability criteria of the applicant(s). Depending on the outcome of the referencing, applicant(s) earnings of overall financial position may require a Guarantor. The cost of refencing a Guarantor is included in the fee. Should there be a specific situation whereby you have consented to a permitted occupier, appropriate documentation to reflect this is included within this fee. We shall carry our Right to rent checks on the applicant(s) and any other adult occupier of the property. We shall carry out Right to Rent checks on the applicant(s) and any other adult occupier of the property at the commencement of the tenancy. We shall carry out further checks on adult occupants with time- limited Right to Rent or where you have instructed us to commence a Right to Rent check on a new adult occupier where is a change in occupancy during the tenancy.
 

The following services are optional and as described for the Fully Managed Service (unless otherwise stated):

INVENTORY FEE
See separate schedule


 

SECURITY DEPOSIT REGISTRATION FEE
Fee: £70 +VAT / Total Inc VAT: £84


 

CHECKOUT FEE
Fee: £120 +VAT / Total Inc VAT: £144


The checkout fee covers agreeing with the tenant(s) a check out date and arranging an appointment, instructing the inventory provider to attend, negotiating with the landlord and tenant(s) any disbursement of the security deposit. To return the deposit to the agreed parties. Remit any disputed amount to Scheme for final adjudication.

GAS SAFETY CERTIFICATE
Fee: £30 +VAT / Total Inc VAT: £35


 

RENEWAL FEE
Fee: £120 +VAT / Total Inc VAT: £144

 


 

RENT REVIEW FEE
Fee: £25 +VAT / Total Inc VAT: £30


 

QUARTERLY SUBMISSION ON NON-RESIDENT LANDLORD TO HMRC
Fee: £25 +VAT / Total Inc VAT: £30


 

ANUAL SUBMISSION ON NON-RESIDENT LANDLORD TO HMRC
Fee: £50 +VAT / Total Inc VAT: £60


 

SMOKE/CARBON MONOXIDE ALARMS
Fee: £50 +VAT / Total Inc VAT: £60


 

EPC
Fee: £100 +VAT / Total Inc VAT: £120


 

WATER AND BACTERIAL TESTING
Fee: £120 +VAT / Total Inc VAT: £144


 

PAT AND ELECTRICAL TESTING
Fee: £20 +VAT / Total Inc VAT: £24


 

DISPUTE FEE
Fee: £100 +VAT / Total Inc VAT: £120


 

 

COURT ATTENDANCE
Fee: £200 +VAT / Total Inc VAT: £240 INC Expenses


 

 

SMOKE/CARBON MONOXIDE ALARMS
Fee: £60 +VAT / Total Inc VAT: £72


Arranging the installation of the smoke and carbon monoxide alarms.

SMOKE/CARBON MONOXIDE ALARMS
Fee: £50 +VAT / Total Inc VAT: £60


Checking alarms are working on the first day of tenancy.

 

Hamilton Parker's Ltd.
Basepoint Business Centre
Premier Way
Abbey Park Industrial Estate
Romsey S051 9AQ
0333 577 8116
info@hamiltonparkers.com

Associated Park Lane Office
121 Park Lane
Westminster
London
W1K 7AG
0203 368 8452

Covering:
Romsey
Winchester
Salisbury
New Forest
Dorset
Stockbridge
Andover
Southampton
Chandlers Ford
Bassett and Chilworth
Meon Valley

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About us

Hamilton Parkers is an independent property company based in Hampshire. The company is situated in Romsey and has agents covering a vast area within the region from country to coast, covering Hampshire, Wiltshire and Dorset. Hamilton Parkers specialise in Sales, Lettings, Commercial, Land and New Homes and International Properties.

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Registered Name: Hamilton Parker's Ltd | Place of registration: Chandler's Ford | Registered Number: 08548288 | Registered Office Address: 130 Bournemouth Road, Chandler’s Ford, Hampshire, SO53 3AL | VAT Number: 165858856