At Sulets we pride ourselves on being honest and open about our landlord fees.

Sulets offer two types of service to landlords, here is an overview of what is included and how they compare.


Sulets Premium Service

You lease your property to Sulets for a fixed term, and we guarantee your rent.

Sulets will then sub-let your property to a group of tenants and take over the day-to-day management of the property. Your property will be returned to you at the end of the lease empty and in a similar condition to the start of the lease, allowing for fair wear and tear.

Sulets pays for all safety certificates that expire during the tenancy including the gas safety record, legionella test, the periodic inspection/fixed wiring test and the portable appliance test. The HMO licence is not covered.

You will need to ensure that you provide valid safety certificates at the start of the lease.

We also include 6 cleans of the common parts of the building and tenant contents insurance as part of the service.

There is no set up fee or management fee. The landlord agrees to let the property to Sulets, when Sulets has found suitable prospective occupiers. Instead of a set up and management fee the agent is entitled to keep the difference between the rent reserved by the lease and the rent payable by the occupiers.

The service is meant to be fully inclusive for property owners and provides you will peace of mind that you will always receive the rent irrespective of whether the tenants pay and the property will be cleaned, maintained and returned to you at the end of the lease.

Premium Service Fees

Management Fee £0. We lease the property from you
Set-up fee £0
Maintenance Fee We charge 12% (10% + VAT) on the total cost of any repair for the commissioning, checking and invoicing of the repairs for Premium service properties. Minimum repair fee is (£10 + VAT).

Premium Additional Fees

Gas Safety Certificate (Boiler or 1st item) £0, included with premium
EPC £0, included with premium
PAT Test £0, included with premium
Legionella Risk Assessment £0, included with premium
Electrical Installation Certificate £0, included with premium
Preparing HMO or Selective Licencing application (includes 1 visit to the property) £300 (£250 + VAT) plus cost of HMO or Selective Licencing application
Additional attendance at HMO or Selective Licencing property inspections £60 (£50 + VAT)
Attendance at court on behalf of landlord £300 (£250 + VAT)
Additional property visit at landlord’s request £60 (£50 + VAT)
Print and process any documents relating to the tenancy £30 (£25 + VAT) + postage

Sulets Managed Service

Sulets will rent the property for you, collecting the rent and dealing with all the day-to-day management issues on your behalf.

With this service, once your property is let, Sulets will manage the property. We’ll take care of the tenancy agreements, deposit collection, chasing rent, and minor repairs. 

Any certificates are charged separately – see table below.

Managed Service Fees

Management Fee 13.2% (11% + VAT) management fee.
Set up fee 30% (25% + VAT) of first full months rent upon first renting the property. Minimum amount chargeable £300 + VAT.
Renewal fee (same tenants) £240 (£200 + VAT)
Maintenance Fee We charge 12% (10% + VAT) on the total cost of any repair for the commissioning, checking and invoicing of the repairs for Premium service properties. Minimum repair fee is (£10 + VAT).

Managed Additional Fees

Gas Safety Certificate (Boiler or 1st item) £75 (£62.50 + VAT)
Gas Cert & Boiler Service £96 (£80 + VAT)
EPC £96 (£80 + VAT)
PAT Test £54 (£45 + VAT)
Legionella Risk Assessment £90 (£75 + VAT)
Electrical Installation Condition Report EICR £300 (£250 + VAT)
Preparing HMO or Selective Licencing application (includes 1 visit to the property) £300 (£250 + VAT) plus cost of HMO or Selective Licencing application
Additional attendance at HMO or Selective Licencing property inspections £60 (£50 + VAT)
Attendance at court on behalf of landlord £300 (£250 + VAT)
Additional property visit at landlord’s request £60 (£50 + VAT)
Print and process any documents relating to the tenancy £30 (£25 + VAT) + postage
Completing a Statutory Declaration £48 (£40 + VAT) plus cost of each declaration plus postage

Let Only Service*

The Let Only service has been discountinued and is only available to existing landlords.

Let Only setup fee (chargable for a new tenancy or where there are any changes to renewal tenancy) 75% of full months’ rent. Minimum £550 + VAT.
Let Only renewal fee (same tenants) 50% of full months’ rent + VAT
Additional property visit at landlord’s request £60 (£50 + VAT)
Additional attendance at HMO or Selective Licencing property inspections £60 (£50 + VAT)
Attendance at court on behalf of landlord £300 (£250 + VAT)
Print and process any documents relating to the tenancy £30 (£25 + VAT) + postage
Preparing HMO or Selective Licencing application (includes 1 visit to the property) £300 (£250 + VAT) plus cost of HMO or Selective Licencing application
Completing a Statutory Declaration £48 (£40 + VAT) plus cost of each declaration plus postage
Gas Certificate £75 (£62.50 + VAT)
Gas Cert & Boiler Service £96 (£80 + VAT)
PAT Test £54 (£45 + VAT)
Legionella Risk Assessment £90 (75 + VAT)
Energy Performance Certificate £96 (£80 + VAT)
Electrical Installation Condition Report EICR £300 (£250 + VAT)

Compare our services

Premium Service Managed Service
Guaranteed rent payments
6 property cleans throughout the year
Safety certificates included
Initial appraisal and valuation
Marketing of property
Production of tenancy documents
Production of guarantor documents for each tenant
Deposit collection and return (Plus registering on DPS with Managed Service)
Collection of rent and transfer
Inventory
Property inspections
Maintenance service for minor repairs
Check out inspection
Dilapidations and arbitration of bond deductions

Got any further questions?

Make sure you check out our FAQs for Landlords page with plenty of further information, covering everything from rent payments, contract lengths and damage charges.

Start letting your property with Sulets.

Contact our team today.

Email enquiries@sulets.com or call 0116 467 0315

Contact Sulets