Lettings

Finding a tenant for your property is only the beginning of being a Landlord. Making sure your tenants can pay their rent and look after your property is paramount. We can advise you on achievable rental values, referencing, agreements, on-going property management.

We maintain very high professional standards and our office is registered with ARLA [Association of Residential Letting Agents]. We are members of DPS for deposit protection and The Ombudsman Scheme for lettings and have agreed to follow the TPO Code of Practice for Residential Estate Agents which goes well beyond that required by law.

SM Properties — Schedule of Fees
SM Properties

Schedule of Fees

May 2026

Landlord fees

Fees are inclusive of VAT unless stated otherwise.

10% Tenant find only
14% Fully managed

Commission is subject to a minimum fee of £1,250.

Additional fees
Create initial AST, or abortive AST £275
AST renewal Where rental terms change from £125
References, per tenant £40
Right to Rent check, per tenant £25
AML checks £25
Deposit registration Held by the DPS £50
Inventory from £175 + VAT, third-party cost
EPC and floorplans from £130 + VAT, third-party cost
Professional photos from £135 + VAT, third-party cost
Legal dispute costs on request Third-party, via local solicitors
Unscheduled property inspections £45
Plumbing and electrical quotes +10% Over third-party cost
Repairs and decoration management +10% Over an initial £600
Property sale to an introduced tenant or occupier 1.5% Of sale price, min. £5,000

Tenant fees

We don't charge tenants upfront fees, and we don't take an initial holding fee.

Once your reference has been successful, we set up your deposit through the DPS and send you the details to transfer your five-week deposit directly. You'll also receive the landlord's details for your first month's rent, along with the standing order details for future rent payments.

SM Properties is a member of The Property Ombudsman Scheme (TPOS) and follows the TPOS Code of Practice.

Simon Mitchell, trading as SM Properties

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