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Tenants and Landlord Fees
SCALE OF CHARGES
Let Only: 75% of the first months rent 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.
Full Management: Start-up fee of 75% of the first months rent plus VAT or £599.00 plus VAT (£718.80) whichever amount is greater.
Plus 10% (plus VAT) of the rent, deducted from the rent as received.
Inventory preparation fee: £100 plus VAT (£120.00)
Admin involved in the Tenancy
Deposit Protection legislation: £50 plus VAT (ALL TENANCIES) (£60.00)
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 plus VAT per hour (£60.00)
Re-signing fee: £120.00 inc VAT (£100) Where The Agent, with your agreement, arranges a renewal of tenancy to an existing tenant
Void management fee: £50.00 plus VAT (£60.00) per week payable four weekly in advance of requirement (£60.00)
Post Letting Service
(Inclusive with our “Full Management” service)
Tenant move out: £60 plus VAT (£50.00)
(including damage report): £120 plus VAT (£100.00)
All prices subject to change after two months’ written notice
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 Admin £250 (inc VAT) for one adult. £325.00 (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)
We may also receive commissions from: