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Stratford Upon Avon Branch - Landlord Fees

SCALE OF CHARGES FOR LETTINGS

As from 27th May 2015 it is a legal requirement that ALL Letting Agents in England and Wales have a duty to publicise and display their membership to a redress scheme and also display whether or not they hold Client Money Protection - is your Agent adhering to all legislative requirements?

Belvoir Stratford Upon Avon is fully regulated and a member of SafeAgent and The Property Ombudsman (lettings). We also have Client Money Protection.

SERVICE OPTIONS:

Let Only: 8% + VAT (Equates to 9.6% INCLUDING VAT) of the achieved rental for a six month let - or 6.75% + VAT (Equates to 8.1% Including VAT) of the achieved rental for a twelve month let subject to a minimum charge of £500 + VAT (Equates to £600 INCLUDING VAT) for each letting to a tenant introduced by The Agent. Payable on commencement of tenancy and deducted from the rent collected at the commencement of tenancy.

Full Management: 12.5% + VAT (Equates to 15% INCLUDING VAT) of the rent, deducted from the rent as received.

Other Charges:

  • Admin involved in the Tenancy £400 + VAT (Equates to £480 INCLUDING VAT) finders fee on each new let (including dealing with Deposit Protection legislation)
  • Inventory preparation fee: £120 + VAT (Equates to £144.00 INCLUDING VAT) On first let only
  • Preparation of paperwork for Alternative Dispute Resolution £75 + VAT (Equates to £90.00 INCLUDING VAT) per hour.
  • Duplicate Statements: £6 + VAT (Equates to £7.20 INCLUDING VAT).
  • Insurance claim handling fee: 10% + VAT (Equates to £12.00 INCLUDING VAT) of cost of works before VAT.
  • Professional hourly rate £75 + VAT (Equates to £90 per hour INCLUDING VAT).
  • Re-signing fee: £75 + VAT ( Equates to £90 INCLUDING VAT) payable where The Agent, at your request, arranges a renewal of tenancy to an existing tenant.
  • Void management fee: £40 + VAT (Equates to £48 INCLUDING VAT) per week payable four weekly in advance of requirement.
  • Obtaining pre-payment keys or cards, clearing debts on such (when we first take over a property) £50 + VAT (Equates to £60 INCLUDING VAT).
  • Post Letting Service (Inclusive with our “Full Management” service)
  • Inventory Check (including damage report): £100 + VAT (Equates to £120 INCLUDING VAT)
  • All prices subject to change after two months’ written notice cancellation, where full management service is cancelled during the tenancy (including any extensions) a one off fee of £150 + VAT (Equates to £180 INCLUDING VAT) will be payable.
  • Where applicable charges are subject to the current rate of VAT.
  • All prices subject to change after two months’ notice.
  • Cancellation: Where a service is cancelled when we have found a ready, willing and able tenant ready to move in, a cancellation fee of £180.00 inclusive of VAT is payable.
  • Commissions: in some instances, we may receive commission up to 12% (including VAT) from third party providers, including but not limited to: insurance companies, contractors, referencing and utility providers.

If you have any queries about our fees please call us on 01789 266777.

Coronavirus Information


The wellbeing of our clients, staff and their families - together with continuity of service to clients - is of paramount importance. Outlined below are the precautionary measures we have taken to minimise the risk to our clients, staff and others.


For more information click here

Coronavirus Update Hide