Why Landlords work with us

We specialise in residential letting and management, taking pride in our reputation for providing a professional, yet personal service. Our aim is to lead from the front on both innovation and customer service.  We make it as easy as possible to let your property

1) Boost Yield

Our pro-active approach to sourcing tenants will accelerate the time it takes to rent out your property and reduce potential void periods. As a result of high tenant demand, you will benefit from being able to hand-pick the tenants who wish to live in your property.

2) Building your portfolio

We will assist in helping you to build your investment portfolio if required, detailing areas which are predicted to experience the highest increases in capital growth and assessing rental values so that we can ensure that investments made are fully secure.

3) Save Time

Our team is fully trained to manage matters during the tenancy, including but not limited to ongoing maintenance issues, processing rents, accounts management, inspections and the return of tenancy bonds. Your time is valuable, therefore let us take the reins, giving you more time to focus on other key areas of life.

4) Modern comprehensive inventory reports

We focus on the quality of our inventory reporting system, accurately evidencing the condition of your property at the start of the tenancy. This allows us to track the condition of the property throughout the tenancy. It also reassures all parties that any potential proposed deduction from a bond is fair and will more likely be backed up by a tenancy deposit adjudicator should any dispute arise.

5) Comprehensive referencing

We thoroughly reference each tenant by carrying out a credit check, right to rent check, assess their financial suitability and request a reference from their Landlord.

6) Inspections

We regularly inspect properties and monitor how well the property is being maintained, providing detailed inspection reports and informing you of the condition of the property. Should the tenant need to improve on their tenancy obligations, we will visit more often until issues are resolved

7) Maintenance and Legal and Landlord Fees 

We realise the importance of dealing with reliable and trustworthy suppliers in connection with any work carried out on your property. We ensure that all the suppliers we work with are correctly insured before instruction. We ensure that legal compliance is adhered to at all times giving you additional peace of mind and security.

LANDLORD Fees
Fee*
Lettings Service Fee including Marketing, using portals and newspaper advertising, accompanied
10 % + vat ( 12 % including VAT )
viewings and offer negotiations







Tenancy Set Up including producing the tenancy agreement, (fee shared with tenant), completion of
£550 + vat ( £ 660 incl VAT )
paperwork, tenant referencing, registration of tenant’s deposit and arranging pre-let works

Rent Collection
4% + vat ( 4.80 % incl VAT )
Full Management including property maintenance, property visit, service of notices, deposit negotiation
10 % + vat ( 12 % incl VAT )
together with all services applicable under rent collection

Fees on the first two years’ Renewals
6% + VAT ( 7.20 % inc VAT)
Instruction of another agent during sole agency period with us – Administration Fee
£200 + vat ( £ 240 incl vat)
Withdrawal from entering into a tenancy having instructed us to proceed –
£200 + vat ( £ 240 incl vat)
Administration Fee

Paper copies of statements of account
£2.00 per month + vat ( £ 2.40  incl vat )
Tax retention and completion of documentation for HMRC
£81 per quarter +vat ( £ 97.20 incl vat )
Administration fee for the provision of NRL gross annual income and expenditure statement
£36 + vat ( £43.20 incl vat )
to HMRC

Provision of a statement showing gross income and expenditure for the year
£100 + vat ( £ 120 incl vat )
Negotiations of deductions from Deposit (not Fully Managed)
£300 + vat ( £360 incl vat )
Attendance at Court/Tribunal
£120day/part thereof + vat ( £ 144 incl vat )
Service of Notices Administration Fee (including Section 8 or 21) where Full Management service is
£120day/part thereof + vat ( £ 144 incl vat )
not taken

Extra property visit
£30 + vat ( £ 36 incl vat )
Wait at property for landlord appointed Contractor following an arranged appointment
£30 per hour/part thereof + vat ( £ 36 incl vat ) 
Undertake partial or total furnishings for the property – Administration Fee
8 % total value + vat ( 9.60 % incl vat ) 
Key Cutting Administration Charge
£30 + vat ( £ 36 incl vat )
Gas Safety Administration Fee - Arrangement of Gas Safety Certificate where one is not provided at
£70 + vat ( £ 84 incl vat )
the commencement of the tenancy – Administration Fee

Vibrant Estates is a trading style of Teekay Consulting Limited (Registered in England and  Wales no. 05936591  Registered office: 4, Carlton Drive, Barkingside, London IG6 1LU. We are members of The Property Ombudsman independent redress scheme ( D10463 ) . We are a part of Client Money Protection Scheme - CM Protect Ltd – Client Money Protect Membership number : CMP004162




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