Landlords - Fees

FEES FOR FULL MANAGEMENT SERVICE:

For a Full Management Service, our fees are 12.5% of the monthly rental plus VAT.

Letting Arrangement Fee: £100 plus VAT at the current rate
There is a one-off set up fee which is charged at the commencement of a new let and is for marketing the property and finding suitable tenants.

Inventory: £ Variable
This fee is charged for completing the Inventory/Schedule of Condition. This is an important document and requires detailed recording. The Inventory is completed by an independent clerk, who is a member of the Association of Independent Inventory Clerks.

Renewal Fee: £50.00 plus VAT at the current rate
This fee is charged at the renewal of a tenancy, where a new agreement is signed for a fixed term or the terms are changed on the current tenancy agreement.

Non-Routine Management: For project management of major repairs or renovation where the total cost is above £750.00 15% of total cost plus VAT

Sourcing and Hanging of Curtains: 15% of total cost plus VAT

Deduction and payment of tax for non-resident Landlords: £150.00 per quarter plus VAT at the current rate (if applicable)

FEES: - FOR LET ONLY SERVICE:

Fees: Our fee for this service is based on half a months rent for a six month tenancy (subject to a minimum fee of £400) or a whole months rent for a twelve month tenancy. These fees are subject to VAT.

Inventory: £Variable
This fee is charged for completing the Inventory/Schedule of Condition. This is an important document and requires detailed recording. The Inventory is completed by an independent clerk, who is a member of the Association of Independent Inventory Clerks.

Renewal Fee: £50.00 plus VAT at the current rate
This fee is charged at the renewal of a tenancy, where a new agreement is signed for a fixed term or the terms are changed on the current tenancy agreement.

Serving Notice: £30.00 plus VAT at the current rate
This fee will be charged if you instruct us to serve the appropriate Notice on the Tenant.

Tenancy Deposit Scheme: £10.00 plus VAT at the current rate
This fee is charged if you instruct us to hold the Deposit under the Tenancy Deposit Scheme.

Further information on terms of business, services, legislation and charges are detailed in our Fees and Terms of Business. Please download a copy now or request a brochure via email.