Information regarding landlord fees in Romford

Book Valuation

Scale of charges

1) Let Only Service
75 % plus VAT of the first months rent* or £718.80 (inclusive of VAT) whichever is greater payable for each letting where the tenant is introduced through the Agent. Payable at the commencement of a tenancy.
*If the monthly rental is £800.00 you will pay a fee of £720.00 inclusive of VAT

 

2) Full Management Service
£599.00 plus VAT (£718.80 inclusive of VAT) of the rent received, deducted by the Agent
Plus 12 % of the rent plus VAT, of the rent deducted as received and payable for all gross rents due*
*If the monthly rental is £800.00 you will pay a fee of £115.20 inclusive of VAT

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£60.00 (inclusive of VAT)        per tenant
Guarantor referencing£60.00 (inclusive of VAT)
Tenancy agreement Fee£ZERO (0.00 inclusive of VAT)
Inventory service£120.00 (inclusive of VAT)
Duplicate statements£30.00 (inclusive of VAT)

 

Professional hourly rate£72.00 (inclusive of VAT) Charged by the Agent when
required to carry out any additional services including eviction assistance
Check in£ZERO MANAGED TENANCIES £60.00 Let Only (inclusive of VAT)
Check out£ZERO MANAGED TENANCIES £60.00 Let Only (inclusive of VAT)
Void property inspections£60.00 (inclusive of VAT) (per visit)
Tenancy renewal fee£120.00 (inclusive of VAT)
Major works fee10% (12% inclusive of VAT)

*If the works costs £2500.00 you will pay a fee of £300.00 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 2 WEEKS RENT PLUS 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.

 

We also receive commissions from:

Contractors, Insurance companies, Referencing companies, Utility providers and others

These commissions will be included in the contractor invoice and by signing TOB you agree.

***If the invoice total is £100.00 you will pay a commission of £10.00 inclusive of VAT

 

****Property Redress

We are members of a property redress scheme. The name of our provider is: PRS, Property Redress Scheme.

 

****Client Money Protection

We have client money protection. The name of our scheme is: Safe Agent.

CMP Certificate

CMP Cetificate
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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.

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