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Landlords fees

LANDLORDS SCALE OF CHARGES

SERVICE OPTIONS:

Tenant Find Only:                                         £900.00 (inc VAT) payable for each letting where The Tenant is introduced by The Agent. This will be invoiced and payable on The Tenant details being accepted by The Landlord.

Let Only:                                                         One month’s rent (inc VAT) 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.

Letting and Rent Collection:                        Set-up fee of 3.6% (inc VAT) of the annual rent plus 8.4% (inc VAT) of the monthly rent, deducted from the rent as received each month.

Full Management:                                          Set-up fee of 4.8% (inc VAT) of the annual rent plus 12% (inc VAT) of the monthly rent, deducted from the rent as received each month.

Other Charges

Inventory preparation fee:                            £85.00-£180.00 (inc VAT)

                                                                         {Depending on size of property, details available on request}

Admin involved in the tenancy
deposit protection legislation:                     £120.00 (inc VAT)

Preparation of paperwork for
alternative dispute resolution                       £170.00 (inc VAT)

Duplicate statements:                                    £30.00   (inc VAT) per copy provided

Insurance claim handling fee:                     12%      (inc VAT) of cost of works before VAT

Professional Hourly Rate                             £60       (inc VAT) per hour

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

                                                                        Let Only:  Half of one month’s rent (inc VAT) 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.

                                                                        Letting and Rent Collection :Set-up fee of 3.6% (inc VAT) of the annual rent plus 6% (inc VAT) of the monthly rent, deducted from the rent as received each month.

                                                                        Full Management :Set-up fee of  4.8% (inc VAT) of the annual rent plus 12% (inc VAT) of the monthly rent, deducted from the rent as received each month.

Void management fee:                                  £60.00  (inc VAT) per week payable four weekly in advance of requirement

Post Letting Service

(Inclusive with our “Full Management” service)

Tenant move out:                                          £170.00 (inc VAT)

Inventory Check  (including damage report):         £240.00 (inc VAT)

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 £30.00 (inc VAT) per month for the remainder of the tenancy term will continue to be payable.

Where applicable charges are subject to the current rate of VAT

Commissions

We may also receive commissions from:

Insurance companies

Referencing companies

Utility providers and others