fairlandlord
02-02-2009, 10:54 AM
Hi
I'm a new landlord (unfurnished) and I'm trying to find out / assess what is a fair administration fee to charge ex tenant or future tenants for the time lost by me to perform duties; e.g. any loss of time to me associated with any time it takes me to source replacement damaged fixtures and fittings or meeting / being on site for cleaners, decorators to make good etc.
Example; first tenant just moved out after 6 months, the property was all new, that is new walls/decoration/carpets/kitchen/bathroom/ electric/ plumbing/white goods- so everything was new and there is a bit of damage that is not covered under wear and tear. I am covered under tenancy agreement and do have a proper inventory for check in and check-out, however;
I have had to spend 5 hours so far sourcing replacement fixtures & fittings and will need to meet cleaners & decorators to make good etc, it will total about two days of my time. In my full time job I charge £80 per hour, so what is a "reasonable" hourly rate to charge former tenant for my time to put property back to status pre tenancy and replace damaged /missing items?
Great forum, thanks in advance for any advice/experience & help
Regards
Fair Landlord
I'm a new landlord (unfurnished) and I'm trying to find out / assess what is a fair administration fee to charge ex tenant or future tenants for the time lost by me to perform duties; e.g. any loss of time to me associated with any time it takes me to source replacement damaged fixtures and fittings or meeting / being on site for cleaners, decorators to make good etc.
Example; first tenant just moved out after 6 months, the property was all new, that is new walls/decoration/carpets/kitchen/bathroom/ electric/ plumbing/white goods- so everything was new and there is a bit of damage that is not covered under wear and tear. I am covered under tenancy agreement and do have a proper inventory for check in and check-out, however;
I have had to spend 5 hours so far sourcing replacement fixtures & fittings and will need to meet cleaners & decorators to make good etc, it will total about two days of my time. In my full time job I charge £80 per hour, so what is a "reasonable" hourly rate to charge former tenant for my time to put property back to status pre tenancy and replace damaged /missing items?
Great forum, thanks in advance for any advice/experience & help
Regards
Fair Landlord