Landlord Scale of Charges

All fees are inclusive of VAT except where indicated

 Full Management                                                                           

14.4% per month deducted from the rent as received, plus an Administration Fee of 30% of the first month’s rent subject to a minimum of £300 deducted from the first month’s rent as received.                                 

Let & Rent Collection                                                                    

12% per month deducted from the rent as received, plus an Administration Fee of 30% of the first month’s rent subject to a minimum of £300 deducted from the first month’s rent as received. 

Tenant Find Only                                                                            

Two weeks' rent plus VAT subject to a minimum of £599 payable for each letting where The Tenant is introduced by The Agent.  However, this minimum will be reduced to £479 when the Property is marketed solely by Belvoir Lettings.  Payable on commencement of the tenancy and deducted from the rent collected at the commencement of the tenancy

Other Charges

Inventory preparation fee: Prices vary according to the size of the property. Inventory included in the Full Management Service.

Transfer of Property to Belvoir during a tenancy: £360 

Preparation of paperwork for
Alternative Dispute Resolution £54 per hour

Re-signing fee: £90 payable where The Agent, with your agreement, arranges a renewal of tenancy to an existing tenant

Duplicate Statements: £2.40 per copy provided
Insurance claim handling fee: 12% of cost of works before VAT
Professional hourly rate £54 per hour
Void management fee: £90 per week payable in advance

Cancellation

If you cancel within the 14 day cancellation period then any fees paid will be reimbursed in full and you will not incur any fees as a result of the reimbursement.  However, if you have asked Belvoir to begin the performance of services during the cancellation period, you remain liable for an amount which is in proportion to what has been performed until your cancellation notice was received.

If you cancel prior to a tenancy starting, fees due for work already undertaken will remain payable.  If a tenant has already been found and the work for the check-in has been completed, this will be equivalent to a Let-Only fee.

Where Full Management or Let and Rent Collection service is cancelled during the tenancy (including any extensions) a fee of up to £500 will be payable by deduction from the rent.

 All prices are subject to change with two months' notice.

                                                                                                  

 

 

 

I

 

 

 

Email a Friend

Please check you have entered all details correctly