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Fees

 



LANDLORD FEE INFORMATION 

 

 

LETTING ONLY SERVICE  

 

Sole Agency  8.4% INCLUSIVE OF VAT (7% plus vat)

  

Fee calculated on the total rent due in the first years tenancy.

    

LETTING ONLY REPEAT TENANCIES   

 

Let only in the second and third year 3.6% INCLUSIVE OF VAT (3.0% plus vat)


Let only in the fourth year onwards 2.4% INCLUSIVE OF VAT (2.0% plus vat)


 Service includes:
 Preparing the full details of your property
 Professional photography
 Floorplan
 All website marketing including Rightmove, Zoopla ,On The Market and Prime Location
 Accompanied viewings
 Negotiate and agree the terms of the letting
 Arrange for the professional cleaning of your property
 Arrange for Gas Safety Inspection
 Arrange Electrical testing
 Arrange an inventory and check in
 Arrange for an Energy Performance Certificate to be issued
 All reference checks
 The preparation of the Tenancy Agreement, notices & deposit protection paperwork
 Registration of the Deposit


  
 

LETTING WITH FULL MANAGEMENT SERVICE    

 

14.4% INCLUSIVE OF VAT (12% plus vat)


Management in the second year and onwards 12% INCLUSIVE OF VAT (10% plus vat)



Fee calculated on the monthly rent agreed and charged monthly in advance for the duration of our management appointment.   


Service includes everything listed under Letting Only Service plus;

   

Periodic inspections of your property with written report

 

First point of contact for tenants day or night all year round

 

Monthly detailed statements

 

Annual statements for tax purposes

 

Collect and pay tax to HMRC for non UK Landlords

 

Obtain estimates and quotes for required maintenance work

 

Coordinate and oversee all necessary maintenance work

 

Advise on and negotiate the best rent level upon renewal of the tenancy

 

 

LETTING WITH RENT COLLECTION SERVICE

 

12% INCLUSIVE OF VAT (10% plus vat)

   

Service includes everything listed in Letting Only Service plus;

  

Arrange for rent to be paid monthly by the Tenant into our client account

 

The monthly transfer of rent from our account to our Landlords account

OTHER CHARGES

Deposit Registration  £30 + vat (£36.00 gross)
Periodic Property Inspections £40 + vat (£48 gross)
Deposit Claim Handling Service 10% + vat of successful claim (12% gross)  subject to a minimum charge of £50 + vat (£60 gross) regardless of outcome. 
Arranging for the issue of any requested or legally required certification £30 + vat (£36 gross) per certificate.
Preparation of Annual Statement  £30 + vat (£36 gross).

Should a tenant or associated person to the tenant subsequently purchase the property we will be due a commission of 1% + vat (1.2% gross) of the purchase price on completion of the sale. 

 
TENANT DEPOSIT INFORMATION

Holding Deposit:  Equivalent to one weeks rent
 
Once the terms of an offer have been agreed the tenant(s) will be asked to pay a holding deposit equivalent to one weeks rent which will be held pending the results of referencing.

Security Deposit :    Equivalent to a maximum of five weeks rent.The holding deposit of 1 weeks rent will form part of the 5 week security deposit.

First Months Rent   

One calendar months rent payable in advance.
  

 

 

SALES SERVICE FEE INFORMATION

   

SOLE AGENCY FEE  


 1.5% INCLUSIVE OF VAT (1.25% plus vat)

 

Where you instruct only us.

   

JOINT SOLE AGENCY FEE


2.40% INCLUSIVE OF VAT (2.0% plus vat)

 

Where you instruct us and one other agent.

   

MULTIPLE AGENCY FEE


3.00% INCLUSIVE OF VAT (2.5% plus vat)


When you instruct us and more than one other agent

  

Fees based on the sale price of the property.

   

All services include the following:

   

Marketing advice

 

The preparation of property particulars to include professional photography and a floor plan

 

All properties featured on our company website

 

All properties featured on Zoopla, Rightmove, On The Market and Prime Location in addition to other property sites

  

All negotiation on your behalf in the sale of your property

 

The overseeing of the full sale process through to completion

   

Please note that we are not members of a client money protection insurance scheme.

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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