Our fees
Fees for tenants
For tenancy agreements signed after 1st June 2019
For tenancies signed after 1st June 2019 as well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments
Before the tenancy starts (payable to Coapt ‘the Agent’)
Holding Deposit: 1 week’s rent
Deposit: 5 weeks’ rent
During the tenancy (payable to the Agent)
Payment of up to £50 if you want to change the tenancy agreement. This could include a change of sharer, pets to be kept in the property or or any other amendment which alters the obligations of the agreement.
Payment of reasonably incurred costs for the loss of keys/security devices
During the tenancy (payable to the provider) if permitted and applicable
Utilities – gas, electricity, water
Communications – telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Television licence
Council Tax
Other permitted payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Tenant protection
Coapt is a member of The Property Ombudsman, which is a redress scheme and a member of UKALA with client money protection
Click here to view our client money protection certificate, click here to view our client money handling procedures.
Fees for landlords
Fees and Charges (all are inclusive of VAT)
| Management Service Rates negotiable for multiple properties |
|
| ♦ Tenant Introduction Service | Fixed one off fee – prices vary dependent on property, please contact us for a free, no obligation quote. |
| ♦ Full or Part managed service | Percentage of monthly rent – prices vary dependent on property, please contact us for a free, no obligation quote. |
| Tenancy set up fee | |
| ♦ Tenancy set up fee | £330 |
| Inventory package costs for managed properties (includes Inventory, check in and check out) | |
| ♦ Studio to 3 bedrooms | £390 |
| ♦ 4 to 6 bedrooms | £450 |
| ♦ 7 bedrooms and above | £480 |
| Inventory costs for introduction properties | |
| ♦ Inventory only – 1 to 3 bedrooms | £185 |
| ♦ Inventory only – 4 to 6 bedrooms | £215 |
| ♦ Inventory only – 7+ bedrooms | £245 |
| ♦ Check out only – 1 to 3 bedrooms | £155 |
| ♦ Check out only – 4 to 6 bedrooms | £185 |
| ♦ Check out only – 7+ bedrooms | £215 |
| ♦ Check in | £120 |
| Tenancy administration fees | |
| ♦ For introduction only service, any renewing tenant | 50% of service fee |
| For registration of each deposit registered with MyDeposits Ltd (subject to change in the fees charged by MyDeposits) | £42 |
| Deposit dispute processing fee | £150 |
| Change of tenant – Paperwork only (Introduction properties only) | £150 |
| Change of tenant – Tenant find and paperwork (Introduction properties only). | 2.4 weeks rent |
| If a property is let on individual tenancy agreements. | £36 per tenant |
| Credit check for tenant or guarantor | £9 per check |
| For Coapt to complete and manage an application if a property needs to be licensed under the Housing Act 2004 or an additional licencing scheme | £300 |
| Any other charges | |
| 3D tour | £108 – £288 |
| The landlord may terminate the agreement by giving one months’ notice in writing | 6 months commission |
| Gas Safety Certificate | £78 |
| Gas Safety Certificate and Service | £132 |
| Energy Performance Certificate | £108 |
| Floorplan (0-4 beds) | £66 |
| Floorplan (5+ beds) | £78 |
| EPC & Floorplan | £132 |
| Electrical Condition Report | £210 |
| Fire Alarm Test (Grade A/D) | £90 |
| Emergency light testing | £72 |
| PAT test | £66 |
| Legionella risk assessment | £90 |
| CO Detector (supply and fit) | £55 |
| Fire Blanket (supply and fit) | £50 |
| Fire Plaque (supply and fit) | £48 |
| Key cutting cost (per key) | £9 |
| Mattress protector | £18 |
| Heater/dehumidifier weekly hire charge | £48 |
| Positive airflow unit installation (2 storey) | £660 |
| Positive airflow unit installation (3 storey) | £912 |
| Positive airflow unit service | £54 |
| Property visit charge (per hour) | £48 |
| Property inspection with photographic report (rent and collect or introduction properties) | £90 |
| Property inspection and legionella risk assessment in same visit (rent and collect or introduction properties) | £150 |
| Delivery of items from office to property | £24 |
| Obtaining more than 2 quotes for any given job – only charged in the event you do not proceed with any of the provided quotes. | £120 |
| Overseeing large maintenance repairs/HMO works/improvements if greater than £300 | 12% |
| Turnaround works overseeing charge | 12% |
Coapt is a member of The Property Ombudsman, which is a redress scheme and a member of UKALA with client money protection
Click here to view our client money protection certificate, click here to view our client money handling procedures.
