Our Services and Charges

We offer you a wide range of exclusive products and services at affordable prices. We aim to provide you with the highest quality service to our valued customers. If you find the same service we be happy to price match. T&C apply

Small or large, your request will be met with expert advice, individual attention and innovative solutions and servic. Contact us and discover all we have to offer. Our qualified staff looks forward to serving you!

At Location Real Estates are please to announce that as of 01/04/2020 we are now totally paperless, all our paperwork and contracts will now be Digital. This is our contribution towards Environmental Protection for our air, soil,water, animals and plants.

For information please check our Go Green tab

Making the difference today to have a better tomorrow!

OUR SERVICES AND CHARGES?

We aim to deliver to you our best possible service at competitive prices, we ensure that everything is checked to ensure all paperwork, legality and safety is in place. We take pride in looking in to all the small details and ensuring everything is on point, in the event of any eviction legal process. 

We understand that everyone has different requirements so below is our list of services and costing.

SALES 

Sell your property starting from just 1.% of property price* 

MORTGAGES

Up to 1% of purchase price (discounts may be available on this service)

LETTING:

TENANTS PRICE LIST – EFFECTIVE FROM - 1STJUNE 2019

We charge NO ADMIN Fees to tenants 

Charges will apply only for the bellow:

1. Contract amendments upto £50.00
2. Key Replacement Service upto £50.00
3. Rent arrears currently at 3.75% above the base rate of England (once rent arrears are past 14 days)
4. Additional optional voluntary insurance (dependent on type of insurance if required)
5. Early termination fee – if requested by tenant  - usually rent for fixed term and tenant replacement cost by agent/landlord until a suitable tenant is not found)

Useful information as per the tenant fee Act 2019 the following conditions apply:

The only payments you can charge in connection with a tenancy are: 

1. a) The rent 
2. b) 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 
3. c) A refundable holding deposit(to reserve a property) capped at no more than one week’s rent 
4. d) Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher 
5. e) Payments associated with early termination of the tenancy, when requested by the tenant 
6. f) Payments in respect of utilities, communication services, TV licence and council tax; and 
7. g) A default fee for late payment of rent and replacementof a lost key/security device, where required under a tenancy agreement 

Where a tenancy agreement was entered into before 1 June 2019, you will still be able to charge fees until 31 May 2020 

LANDLORDS PRICE LIST - EFFECTIVE FROM 1ST JUNE 2019:

Please Call 0203 488 0206 for updated prices as prices are subject to service and may change over time. 

1. Tenant Find Service - From  7% Annual Rent 

 Includes:

Property professional pictures,

Marketing and advertising,

Viewing with potential clients 

Including 1 credit checks for address history, IVA, CCJ, Bankruptcies  

Reference employers and landlord checks 

Full summary report, (up to 2 applicant's)

which includes IDs and NI checks,

Employers check

Landlord check

Right to rent check,

Affordability checks

Tenancy agreement and special agreed terms

(addendum to tenancy)

Full E-File for landlord record

Full E- File for Tenants (inc EPC,Gas,How to rent Guide)

Digital/E Tenancy Agreement 

Digital/ E Addendum to Tenancy 

Full Summary Report + Ids Files emailed for your record 

Fee only apply only for successful completion

2. Let Only (Rent collect Service - From 8.5% PCM

Admin 2 weeks rent or minimum  £425.00, followed  monthly charge of 8.5% (Min 12 months contract)

Includes all the above (point 1) + monthly rent collection  

Contracts, monthly invoice if required, serving notices. 

Excluding any eviction paperwork/procedures and legal cost.

3. Full Management - From 10% PCM 

Admin 2 weeks rent or minimum £425.00, followed by monthly charge 10%

Includes all the above (point 1) + Full server management including free call outs and estimates for repairs and maintenance with invoices and tenant dispute handling including formal communication. 

Excluding any eviction paperwork/procedures and legal cost.

(Please refer to the below for services included for each package)

Common Additionals to the above and if required: 

EPC                     £65*     (From price depending on size, last for 10 Years)

Corgi Gas           £60       (lasts for 1 year)

NIC Electric      £125     (lasts up to 1 to 5 years depending on the property)

*Please note these prices are only for inspection and issuing of certification providing no faults are found, if faults or additional work needs to be done this is will estimated free of charge and will incur additional cost.  

Additional Services and prices:

EPC                             

£65               (From price* last for 10 Years)

Corgi Gas Certificate                  

£60              (lasts for 1 year)

NIC Electric  Certificate            

£125            (From Price lasts up to 1 to 5 years depending on the property)

Inventories                

From £100.00      (based on a studio/+ £20 per extra room in the property) 

H&S Inspection         

£100.00     (includes a full recommendation E - report) 

HMO Inspection        

£100.00      (H&S inspection, E measure, Recommendation report) 

Fire Risk Assessment 

£125.00 (including property inspection, full report and recomendations e version)

Property E measure           

 £65.00        (include electronic measurements and professional pictures E-Version) 

Property Licence inspection + Application Fill 

£100.00*              (H&S inspection, Pictures, E-measure, application fill +£50.00 for 1 council visit - *please not this is not including the application/licence  fee)

Tenancy agreement     

£65.00  (e version emailed) + £10.00 for Addendums/additional terms. 

Credit Checks Only             

£25.00         (Per person, Report will be emailed) (Rent to rent Check/Global ID Checks at £35.00)

Credit & Referencing   

£75.00   (per person, credit report, ID, right to rent employer and landlord check)   

Issuing Section 21/8           

£65.00       (E version will be emailed) Hard copy and postal additional £15.00

Eviction order - Application             

£450.00*    (Application for Accelerated eviction procession order + £75.00 Bailiff warrant +£125.00– *not including court cost or court representations)

Debit Collection        

£65.00+10% of rent collection (Admin and issuing/contacting the tenant + 10% for collection of Debt)  

Council visit/inspect only          

£75.00        (conduct a council inspection and provide a written report back)

Please note: Council appeals/challenge/return corresponding will be charged as extra)     

Building/construction/repair work 

Free estimate after inspection 

*Please note these prices are dependent on property size and distance prices stated are only for inspection and issuing of certification providing no faults are found, if faults or additional work needs to be done this is will estimated free of charge and will incur additional cost for the work that’s needs to be carried out. 

Quotations for property clean service, Arrangements for Furniture/ Appliances as required, Renovations are Free quotation

Rent Guarantee and Insurance Services are available upon request – Price varies dependent on rent and type of product/service/insurance required. 

Arrangements for property clean service - Free quotation 

Arrangements for Furniture/ Appliances as required - Free quotation 

Arrangements for Renovations = Free quotation

Rent Guarantee Products

Can be added on request within a agreed managemnt fee Please call in store or see T&C for for details. 

Top 4 Picks are:

1. (Per Tenant) 6 Month Rent Guarantee - 

2. (Per Tenant) 12 Month Rent Guarantee - 

3. (Per Property) 6 Month Rent Guarantee - 

4. (Per Property) 12 Month Rent Guarantee - (Most Picked)

 More options are available if required, Please call in for more information and up to prices and services available. 

Anti Money Laundering- AML

At location Real Estates are registered under the Anti Money Laundering (AML) with HMRC and as part of the Money Laundering Regulations 2017 we have to obtain and hold identification and proof of address for all customers. The transactions that we deal with day in day are deemed as high risk for money laundering and this is why we take our Anti-Money Laundering processes seriously.

As part of our due diligence we have to obtain and hold identification and proof of address for all customers. We also establish whether there are any beneficial owners on whose behalf the transaction or activity is taking place. If necessary we may also need to identify the source or destination of funds.

Please see below for a full list of acceptable identity documents. Please note we will require sight of all original or certified documents.

Individual identity documents

We require one document from List A and one document from List B.

List A – Identity Document
Current signed passport

Valid UK driving licence

EEA member state identity card

List B – Proof of address
UK/EU/EEA Drivers Licence (if UK Drivers Licence not used as ID)
Must be valid, not expired. Photo only. Full or provisional.

Bank, Building Society or Credit Union Statement
Dated with 3 months. Must include account number and show recent activity. No general correspondence.

Credit Card Statement
Dated within 3 months. Must include account number and show recent activity. No general correspondence.

UK, EU, EEA Mortgage statement
Dated within 12 months. Must show account number. No general correspondence.

Utility Bill
Dated within 6 months E.g. Gas, electricity, water. Must show address for service and/or account number. No general correspondence.

      Telephone Bill
Dated within 6 months E.g. Landline or mobile pay monthly (excluding pay as you go). Must show address for service and/or account number. No general correspondence.

Council Tax
Dated within 12 months. Must show address for service and/or account number. No general correspondence.

Benefits Entitlement Letter
Dated within 12 months. Issued by DWP or Jobcentre plus. Must confirm benefit payable at time of issue. E.g. Pension, disability, single parent, housing etc.

HMRC Tax Notification
Dated with 6 months. Must state national insurance number and tax calculation. No general correspondence.

UK solicitors letter confirming house purchase/land registration
Dated with 3 months. Must state full name of new proprietor and full property address.

NHS Medical Card or letter from GP confirming registration
Dated within 3 months. Must state individual’s date of birth and NHS number. No general correspondence.

Official confirmation of Electoral Register entry or official poll card
Dated within 12 months. Must state full name and full address. No general correspondence.

Police Registration Certificate
Dated within 12 months. Must state the full residential address of the individual.

Probate

If you are acting as a Representative of an Estate we require the following:

• Grant of Probate (if a will was left)
• Letter of administration (if no will left)
• Individual identity evidence from List A & B for the Personal
• Representative, either executor or administrator

Limited company

If you are acting as a Representative of a UK Company we will also require the following:

• Certificate of Incorporation
• Articles of Association
• Memorandum of Association
• Latest Annual Return or Confirmation Statement, with details of current company officers
• If offshore, nominee director declaration and a general power of attorney
• Individual identity evidence from List A and B for all individuals or entities with 25% or more of the shares or voting rights in the company

If you are acting as a Representative of an Offshore Company we will also require the following:

• Certificate of Incorporation
• Articles of Association, Memorandum of Association, Latest
• Annual Return with details of current company officers, Share
• Certificate(s) showing the Ultimate Beneficial Owner OR
• Certificate of Incumbency
• If the shares are owned by another company, repeat steps above for the holding company
• Nominee director declaration and/or general Power of Attorney (if applicable)
• Individual identity evidence from List A and B for all individuals or entities with 25% or more of the shares or voting rights in the company

Trust

If you are acting as a Representative of a Trust we require the following:

• Trust deed
• List of trustees
• List of beneficiaries
• Individual Identity evidence from List A & B for all individuals with a vest interest in 25% or more of the capital and/or those who exercise control over the Trust

And if any Suspicious Activity Reports (SAR) are found we will as per process report the concerns aa a AML log Report incident SAR to either or as required to: 

• SAR online form 
• The National Crime Agency (NCA) 
• HMRC Fraud line