Landlord Fees

Scale of charges

1) Introduction Only Service £480.00 (inclusive of VAT) payable for each letting where the tenant is introduced through the Agent.

2) Let Only Service £594.00 (inclusive of VAT) payable for each letting where the tenant is introduced through the Agent

3) Letting and Rent Collection Service £354.00 (inclusive of vat) start-up plus fee 10.8% (inclusive of VAT) of the rent received, deducted by the Agent

If the monthly rental is £500.00 you will pay a fee of £54 inclusive of VAT

4) Full Management Service £354.00 (inclusive of vat) start-up fee plus 13.2% (inclusive of VAT) of the rent received, deducted by the Agent

If the monthly rental is £500.00 you will pay a fee of £66 inclusive of VAT

An inventory is included in our fully managed service

The fees under the above services are payable when any individual or organisation enters into an agreement to rent the Property as a result of our promotion, introduction, or viewing by the Agent.

Additional Charges

Tenant referencing £180.00 (inclusive of VAT) per property

Guarantor referencing £60.00 (inclusive of VAT) per property

Tenancy agreement Fee £60.00 (inclusive of VAT)

Inventory service £120.00 (inclusive of VAT)

Duplicate statements £30.00 (inclusive of VAT)

Professional hourly rate £60.00 (inclusive of VAT) Charged by the Agent when required to carry out any additional services

Check in £60.00 (inclusive of VAT)

Check out £120.00 (inclusive of VAT)

Void property inspections £60.00 (inclusive of VAT) (per visit)

Tenancy renewal fee £354.00 (inclusive of VAT)

Major works fee 12% (inclusive of VAT)

If the works costs £1000 you will pay a fee of £120 inclusive of VAT

Minimum Fee

Where the Landlord cancels the Agent’s instruction to provide a management service, the Agent will charge, and the Landlord will pay, a fee based upon 13.2% (inclusive of VAT) of the agreed rent for the period, not exceeding six months from the commencement date of the tenancy.

VAT is payable at the prevailing rate on all our fees. In accordance with consumer legislation it is quoted as included in the prices stated above.

All prices subject to change after two months’ written notice

Cancellation

Where Full Management or Letting and Rent Collection service is cancelled during the tenancy (including any extensions) a fee of 60% (inclusive of VAT) of one months’ rent will be payable, and The Agent agrees to deliver up a vacant property by serving the appropriate notice on the tenant

We also seek your consent to receive commissions from:

Contractors

Insurance companies

Referencing companies

Utility providers and others

These commissions will be included in the contractor invoice.

CMP Certificate

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How to claim

Arrange a free market appraisal

If you’re a landlord, looking to let or you’re just interested in how much your property might be worth, the best way to get an accurate and detailed understanding is through a free one-to-one appraisal with one of our experienced local agents. Request an appraisal with us using the form below.

Information regarding landlord fees in West Bridgford