Scale of charges
SCALE OF CHARGES
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 below. If the VAT rate changes the price charged will change accordingly.
An amount payable under a percentage fee will go up or down depending on the agreed rent level. Fixed fees will remain the same regardless of the rent level agreed.
1) Tenant Find Only Service
£658.80 (inclusive of VAT)
£549+Vat. This fee is payable at the start of the tenancy and is deducted from the tenants first rental payment and is payable for each letting where the tenant is introduced through the Agent.
2) Rent Collection Service
10% (inclusive of VAT) 8% +Vat deducted by the Agent from the rent received.
The set-up fee upon a new tenant moving in is £600 (£500 + VAT). This is a one-off charge every time the Property is remarketed.
3) Full Management Service
15% (inclusive of VAT) 12.5% +Vat deducted by the Agent from the rent received.
The set-up fee upon a new tenant moving in is £658.80 £549+Vat This is a one-off charge every time the Property is remarketed.
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.
If overseas Landlord approval is not obtained, an extra 1% including VAT will be charged on the above commissions to cover the cost of the extra work involved.