SCALE OF CHARGES
Let Only – £780.00 (inc VAT) payable for each letting where the tenant is introduced through the Agent
Letting & Rent Collection – £12% (inc VAT) of the rent received, deducted by the Agent
*If the monthly rental is £500 you will pay a fee of £48.00 inclusive of VAT
Essentials Tenancy Management – 14.4% (inc VAT) of the rent received, deducted by the Agent *If the monthly rental is £500 you will pay a fee of £72.00 inclusive of VAT
Premium Management (VIP) – 18% (inc VAT) of the rent received, deducted by the Agent
*If the monthly rental is £500 you will pay a fee of £90.00 inclusive of VAT
The fees for 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.
Specialist Services
Buy To Let Advisory Service – £85.00 per hour (£97.00 inc vat)
Property Acquisitions Service – 2% (2.4% inc VAT) of final agreed sale price
Property Sales – 1.5% (1.8% inc VAT) of final sale price, including sale to the tenant
Refurbishments – 10% (12% inc VAT) of final agreed invoice + Contractors invoices Includes proposing project, sourcing contractors, overseeing work, completion meeting, photographs
Furnishing – 10% (12% inc VAT) of final agreed invoice + Contractors Invoices Includes proposing furniture plan, ordering furniture, presenting furniture, photographs
Empty Property Management Fee – £96.00 (inc VAT) Per month, payable in advance
Additional Charges
Tenancy start up fee – £300.00 (inc VAT) Service Includes: Agree the market rent and find a tenant in accordance with the Landlord guidelines; Provide guidance on compliance with statutory provisions and letting consents; Carry out accompanied viewings (as appropriate); Market the property and advertise on relevant portals; Erect board outside property in accordance with Town and Country Planning Act 1990; Advise on non-resident tax status and HMRC (if relevant)
Inventory Preparation Service – upwards of £90.00 (inc VAT) Dependent on the number of bedrooms and/or size of the property and outbuildings
Inventory Check In – upwards of £60.00 (inc VAT) Dependent on the number of bedrooms and/or size of the property and outbuildings
Inventory Check Out – £180.00 (inc VAT) Includes a full report including photographs
Protection of Tenancy Deposit – £30.00 (inc VAT) annual fee on anniversary of Tenancy. Register landlord and tenant details and protect the security deposit with a Government-authorised Scheme. Provide the tenant(s) with the Deposit Certificate and Prescribed Information within 30 days of start of tenancy
Tenancy Deposit Dispute Resolution – £216.00 (inc VAT) Service includes the time putting a case forward to the deposit scheme following a dispute over the deposit allocation at the end of the tenancy
Tenant /Guarantor Referencing – £25.00 per applicant payable only if the Rent Guarantee has not been taken
Property Visits – £90.00 (inc VAT) One every 12 months. Additional visits are available upon written request
Rent Guarantee – £24.00 (inc VAT) Monthly Policy, Monthly payments
Court Appearance – £60.00 (inc VAT) per hour or part thereof. By a Senior Team Member, includes liaising with solicitors, arbitrators, barristers
Court Appearance – £120.00 (inc VAT) per hour or part thereof. By a Director, includes liaising with solicitors, arbitrators, barristers
Preparing and serving of a notice – £120.00 (inc VAT) – included in Essentials & VIP services
Section 3, 8, 13, 21, 47 or 48 Notice
Duplicate statements or annual statement – £24.00 (inc VAT)
Tenancy Renewal Fee – £102.00 (inc VAT) Contract negotiation, amending and updating terms and arranging a further tenancy agreement
Statutory Periodic Tenancy Fee – £120.00 (inc VAT) Contract negotiation, amending and updating terms, updating deposit registration
Insurance Claim Handling Fee – 12% (inc VAT) of the settlement with a minimum charge of £120.00 (inclusive of vat)
Instruction of a gas safety certificate – £0 + Contractors invoice
Instruction of an Energy Performance Certificate – £0 + Contractors invoice
Instruction of a Electrical safety inspections – £0 + Contractors invoice
Instruction of a Carbon monoxide detectors and smoke alarms – £0 + Contractors invoice
Instruction of furniture & furnishings inspection – £0 + Contractors invoice
Combined Safety Inspection – To include Gas, electric and furnishings – £0 + Contractors invoice
Instruction of a Legionella risk assessment – £0 + Contractors invoice
Supervising Landlord own Contractor – £25.00 (inc VAT) per job instructed to oversee
Project manage on behalf of the Client -10% (12% inc VAT) of contractor’s invoice
Any major works exceeding £250 + VAT – Arranging access and assessing costs with contractor; ensuring work has been carried out in accordance with the specification of works; retaining any warranty or guarantee as a result of any works
Cutting of keys – £30.00 (inc VAT) + Contractors invoice
Professional Hourly Rate – £60.00 (inc VAT) For any works completed not listed above
In the event of cancellation during a tenancy the minimum fee that would be payable is the agreed Let Only fee listed above, plus other costs incurred, including a reasonable fee for the time management which has been provided. These costs might include the number of months of management service that has been provided and any disbursements such as arranging the EPC, the Gas Safety Record or other works.
Referral Fee Disclosure
We may also receive commissions from: Contractors; Insurance companies; Referencing companies; Utility providers; and others.
These commissions may or may not be included in the contractor invoice and can be up to 20% (inc VAT) of the total invoice.
You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee.
All prices subject to change after two months’ notice.
