Landlord and Tenant Fees

SCALE OF CHARGES

SERVICE OPTIONS:

Let Only: £599.00 plus VAT (£718.80) payable for each letting to a tenant introduced by The Agent. Payable on commencement of a tenancy and deducted from the rent collected at the commencement of a tenancy. This fee will be discounted to £499.00 plus VAT for one bedroom properties and studios.
Full Management: Start-up fee of £599.00 plus VAT (£718.80)
Plus 10% (plus VAT) of the rent, deducted from the rent as received.
Other Charges
Inventory preparation fee: £100 plus VAT (£NIL FOR MANAGED PROPERTIES) (£120.00)
Admin involved in the Tenancy
Deposit Protection legislation: £35 plus VAT (ALL TENANCIES) (£42.00)
Preparation of paperwork for
Alternative Dispute Resolution One month’s management fee plus VAT
Duplicate Statements: £25 plus VAT per copy provided (£30.00)
Insurance claim handling fee: 10% plus VAT of cost of works before VAT
Professional hourly rate £50 (inc VAT) per hour (£60.00)
Re-signing fee: £ nil payable where The Agent, with your agreement, arranges a renewal of tenancy to an existing tenant
Void management fee: £50.00 (inc VAT) per week payable four weekly in advance of requirement (£60.00)
Post Letting Service
(Inclusive with our “Full Management” service)
Tenant move out: £25 plus VAT (£30.00)
Inventory Check
(including damage report): £50 plus VAT (£60.00)
All prices subject to change after two months’ written notice
Cancellation
Where Full Management is cancelled during the tenancy (including any extensions) a fee of two weeks rent plus VAT will be payable. Two months’ notice is also required.
Where applicable charges are subject to the current rate of VAT


Tenant Fees
Tenant Admin £300 inc VAT for one adult. £400 inc. VAT for two adults and £125.00 (inc VAT) for each additional adult
Tenancy Agreement Drafting £60 (inc VAT)
Check in inventory £nil (inc VAT)
Check out inventory (re-visit) £35 (inc VAT)
Tenancy Renewal £60 (inc VAT)
New landlord reference £25 (inc VAT)
Guarantor referencing £140 (inc VAT)

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