The cost depends on a number of factors, including:
The table below shows you an estimate of the likely costs.
Please note that these only relate to costs for HomeGround, the landlord and their appointed surveyors and solicitors. If the application is complex or if a surveyor’s site visit or ongoing monitoring is required, HomeGround and the landlord reserve their right to provide a bespoke fee quote.
This table does not include a landlord premium, if applicable; you will need to pay any third-party costs separately.
Form of Licence | Administration Fee | Surveyor’s Costs | Solicitor’s Costs | Total |
---|---|---|---|---|
Letter Licence | Initial assessment fee: £60 for houses £120 for flats £350 administration fee |
N/A | N/A | Houses: £410 Flats: £470 |
Licence by Deed |
Initial assessment fee: £60 for houses £120 for flats £360 administration fee |
N/A | Cost to be advised on completion of initial assessment |
Houses: £420 plus legal fees Flats: £480 plus legal fees |
Licence by Deed |
Initial assessment fee: |
£750+VAT | Cost to be advised on completion of initial assessment |
Houses: £1320 plus legal fees Flats: £1380 plus legal fees |
Additional requests or changes to your original submission may incur additional fees.
The landlord is entitled to recover reasonable legal and other costs in connection with the application for and grant of a Licence for Alterations, which include but are not limited to third party professional fees, such as surveyors’ fees and/or HomeGround’s fees.
The initial assessment and Due Diligence Report fees are payable when you submit the commercial alterations request form. If a Letter Licence is then granted, the Due Diligence Report fee will be refunded.
Additional costs for surveyors’ site inspections/ongoing monitoring, legal and/or HomeGround fees (if applicable) will vary.
This table summarises the estimated overall fees payable in each case. You will be advised of any further costs or additional fees that may be required:
Form of Licence | HomeGround Administration Fee | Surveyor’s Costs | Solicitor’s Costs | Total |
---|---|---|---|---|
Letter Licence | £250 initial assessment fee £400 administration fee |
N/A | N/A | £650 |
Licence by Deed |
£250 initial assessment fee £800 administration fee |
N/A |
Cost to be advised on completion of initial assessment |
£1050 plus legal fees |
Licence by Deed |
£250 initial assessment fee |
£875+VAT |
Cost to be advised on completion of initial assessment |
£2100 plus legal fees |