Scale of Charges
1) Let Only Service
Start up fee of £120.00 (incl VAT) plus 6 % (7.2% inclusive of VAT) of the rent for the tenancy term with a minimum of £600.00 payable for each letting where the tenant is introduced through the Agent.
2) Letting and Rent Collection Service
Start up fee of £120.00 (incl VAT) plus 8% plus VAT (9.6% incl VAT) of the rent, deducted from the rent as received
3) Full Management Service
Start up fee of £660.00 (incl VAT) plus 10% (plus VAT) (12% incl VAT) of the rent received, deducted by the Agent
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
Inventory service Professional Inventory make, cost to be advised, dependant on the size of the property
Duplicate statements No charge
Professional hourly rate £50.00 (incl VAT) Charged by the Agent when required to carry out any additional services
Check in Cost to be advised, dependant on size of property
Check out Cost to be advised, dependant on size of property
Void property inspections No charge
Tenancy renewal fee £90.00 (inclusive of VAT)
Major works fee 10/% (inclusive of VAT) of the cost of the works
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 6% (plus VAT) (7.2% incl 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.
Commissions
We may also receive commissions from:
Contractors
Insurance Companies
Referencing Companies
Utility Providers and others
We hold Client Money Protection Insurance through Propertymark
