Information regarding landlord fees in West Bridgford

Book Valuation

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.

Additional Charges

 

Tenancy agreement Fee£75.00 (inclusive of VAT)
Inventory service£85, £95, £120, £140, £160 (1 bed 2 bed 3 bed 4 bed 5 bed)
Property Passport£120+vat Per Annum
Duplicate statements£30.00 (inclusive of VAT)
Professional hourly rate£120 (inclusive of VAT) Charged by the Agent when required to carry out any additional services
Check in£72.00 (inclusive of VAT)
Check out£72.00 (inclusive of VAT)
Void property inspections£72. (inclusive of VAT) (per visit)
Facilitation of void period utility payments between rental income periods£48.00 (inclusive of VAT)
Selective licensing property visit attendance£120.00… (inclusive of VAT) (per visit)
Tenancy renewal fee£75.00 (inclusive of VAT) Per property
3rd Party utility/contractor£62.00 per/hr (inclusive of VAT) arrangements Inc. British Gas / Boiler care plans
3rd Party viewing arrangements£60.00 per/hr (inclusive of VAT)
Service of Notice for£120 per/issuance (inclusive of VAT)

Non-Managed landlords   

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.

CMP Certificate

CMP Certificate
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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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