Set up Fee (No Let No Fee)
Agree the market rent and find a tenant in accordance with the landlord guidelines, advise on refurbishment, provide guidance on compliance with statutory provisions and letting consents, carry out accompanied viewings (as appropriate), market the property and advertise on Rightmove and other relevant portals, erect board outside property in accordance with Town and Country planning Act 1990
No Let No Fee
Tenant Find Only
Market appraisal, full marketing, drafting and signing of contracts, collect and remit initial months’ rent received, agree collection of any shortfall and payment method, provide tenant with method of payment, deduct any pre-tenancy invoices.
1 Months Rent (inc. VAT)
£50 + Vat (£60 per reference) – subject to property valuation
Fully Managed
All of the above plus rent collection, check in/out appointments, inspections, full access to maintenance service, allocated property managers, handling of deposit disputes, serving appropriate legal notices, re-advertising of property.
15% (inc VAT) a month
72% (inc VAT) of 1st Months Rent Finders Fee
£50 + Vat (£60 per reference) – subject to property valuation
Additional Fees
Referencing – full referencing (where applicable) – £60 (inc VAT) per reference
Check Out – £216 (inc VAT)
Deposit Registration – £6 PCM (inc VAT)
Inventory Fee – Please contact office
Depends on number of bedrooms and/or the size of property and outbuildings
Please contact office
Renewal Fee (landlords share)
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
£100 (inc VAT)
Additional Property Visits
To attend for specific requests such as neighbour disputes; more visits are required to monitor the tenancy; or any maintenance-linked visits
£40 (inc VAT)
Arbitration Fee
Charged in the event of a deposit dispute negotiation
£100 (inc VAT)
Court Attendance£125 (inc VAT) per hour
Fee in case of early termination of managed service 10% of six months’ rent (inc VAT)
Arrangement Fee for works/refurbishment
Arranging access and assessing costs with contractor, ensuring work has been carried out in accordance with the specification of works
15% of net costs (inc VAT)
Certificates, Reports, Inspections & Assessments
Arranging of Safety Certificates, Reports, Inspections and Assessments to be carried out
£70 (inc VAT) each
Referral Fee
We may also receive commissions from: Contractors, Insurance companies, Referencing companies, Utility providers and others. These commissions will not be included in the contractor invoice and can be up to 20% (inc VAT) of the total invoice.
CLIENT MONEY PROTECTION (CMP) PROVIDED BY CLIENT MONEY PROTECT.
INDEPENDENT REDRESS PROVIDED BY THE PROPERTY OMBUDSMAN (TPO).
IF YOU HAVE ANY QUESTIONS ON OUR FEES PLEASE ASK A MEMBER OF STAFF.
