Description (All fees are a percentage of the gross rental income for the term of the tenancy contract agreed) |
Fee (All fees below are inclusive flat fees) |
---|---|
Standard Letting Service (Tenant Introduction Service- based on 12 months tenancy)( 12 weeks sole agency instruction) |
6.5% Flat Fee |
Letting and Rent Collection Services (Tenant Introduction & Rent Collection Services) (Min 12 months instruction) |
8.5 % Flat Fee |
Management Service (Comprehensive Management Services) (Min 12 months instruction) |
12 % Flat Fee |
Contractual Renewals and Amendments Contractual renewals and issuing amended contracts. Includes tenant referencing, right for rent checks, deposit registration, if required. Advice on market rent renewal, tenant referencing checks and compliance documentation , right for rent checks, registering deposits if required, drafting and execution of tenancy agreements, collection of rent and security deposits, organising interim inspection, if required. |
£400.00 Flat Fee |
Continuation Period (Continuation of Management Services after initial instruction period has ended) |
12 % Flat Fee |
Renewal Commission (Payable where any or all tenants remain in occupation after the agency instruction has not been renewed) |
5 % Flat Fee |
HMO Management (Payable per month per tenancy) |
£70.00 per month per tenancy |
Full Check Referencing Service (Suitable for tenants and guarantors and ensures that all the necessary information is obtained to make an informed decision) (per adult) |
£55.00 Flat Fee |
Vacant Property Management Fee (Payable during the whole time we provide a vacant management service. Subject to minimum monthly fee) |
£85.00 Flat Fee |
Vacant Property Inspection (To carry out an inspection of a vacant property for security or insurance purposes) (per visit) |
£65.00 Flat Fee |
Withdrawal from Agreed Offer (Subject to minimum fee) |
£600.00 Flat Fee |
Abortive Marketing Fee (If you withdraw the letting instructions after we have started to market the property) (Subject to minimum fee) |
£400.00 Flat Fee |
Right to Rent checks (per adult) ** | £30.00 Flat Fee |
Deposit Registration (per tenancy) ** | £40.00 Flat Fee |
Transferring Deposit to Landlord or other Agent During Tenancy | £120.00 Flat Fee |
Serving a Section 21 Notice | £50.00 Flat Fee |
Attending Court (per hour) | £120.00 Flat Fee |
Making a Payment Outside the UK | £30.00 Flat Fee |
Change in Ownership Set-Up (Per property based on the work involved) |
£120.00-£400.00 Flat Fee |
Quarterly Submission of Non-Resident Landlords Fees to HMRC (Non-resident landlord fee) |
£30.00 Flat Fee |
Selective and Houses in Multiple Occupation Licencing (A fee will be charged to apply to the Local Authority to obtain a selective license / HMO license to enable you to legally let the property if it falls in an area where Selective Licencing is active, or it is a licensable HMO property. This excludes cost of the licence and any risk assessment or other documentation required to grant the licence. |
£250.00 Flat Fee |
Annual Tax Report ** | £40.00 Flat Fee |
Letting & Management Contract Terms and Conditions
You can view our fees here.