Answer
We offer a FREE Letting Appraisal - thereafter our fees are as follows:
Letting of Property (Sole Agency)
Let Only
We charge a letting fee of ½ the first month's rent with a minimum fee of £300 inc VAT
Example 1: Based on a rent of £400 pcm our letting fee would be £300 inc VAT
Example 2: Based on a rent of £600 pcm our letting would be £360 inc VAT
Let & Standard Management
We charge an initial letting fee of ½ the first month’s rent and thereafter a management fee of 12% inc VAT (10%+VAT) of the rent collected.
Example 1: Based on a rent of £400 pcm our initial letting fee would be £240 inc VAT. Our management fee would be £48 inc VAT
Example 2: Based on a rent of £600 pcm our initial letting fee would be £360 inc VAT. Our management fee would be £72 inc VAT
Repairs or Expenses
We charge an administration fee of 6% inc VAT (5%+VAT) of the invoice total subject to a minimum fee of £3 inc VAT and a maximum fee of £90 inc VAT
Example 1: Based on a repair invoice of £30 our admin fee would be £3 inc VAT
Example 2: Based on a repair invoice of £300 our admin fee would be £18 inc VAT
EPC (Energy Performance Certificate)
To arrange for the commissioning of an EPC report we charge a fee of £9 inc VAT plus the report cost
Tenancy Deposit Scheme (TDS)
Where we hold deposit monies, we charge an annual fee of £15 inc VAT
Spare Keys
To obtain duplicate keys for a property we charge a fee of £6 inc VAT plus the key costs
Void Inspections
To attend specific vacant (void) inspection requests we charge a fee of £12 inc VAT per visit
Non-resident landlord return to HMRC
To remit quarterly return to HMRC and respond to specific queries we charge a fee of £12 inc VAT
Rent Review Fee
To review market rent, negotiate terms, update agreement, serve S.13 notice we charge a fee of £60 inc VAT
New Fixed Term Tenancy Agreement for Existing Tenants
This will apply in circumstances where a new fixed term tenancy agreement is required or agreed between the parties. To negotiate terms & to arrange for a new fixed term tenancy agreement to be signed we charge a fee of £114 inc VAT
Upgraded Inventory Fee
To prepare a more detailed inventory with photographs we charge a fee of £150 inc VAT
Deposit Dispute
To prepare and submit deposit dispute paperwork to TDS we charge a fee of £30 inc VAT
Rent Arrears letter from Solicitor
To arrange for a solicitor to prepare and send a rent arrears letter we charge a fee of £30 inc VAT
Notice requesting Possession
To prepare and deliver a S.21 notice requesting possession we charge a fee of £30 inc VAT
Accelerated Possession
To prepare and submit possession paperwork to the Court we charge a fee of £114 inc VAT plus the Court costs
Court Attendance
Our fee to attend a Court hearing is charged at £60 inc VAT per hour
Other Charges/Information
Details of our fees or charges are provided to you in our Terms of Business before we market your property. We will inform you about any other fees or charges that may arise or become due and which are not referred to in our Terms of Business.
The Let Only or Let & Standard Management fee includes all our promotional costs other than any specifically agreed expenditure. In addition, for your peace of mind, you will also benefit from our 'No Let - No Fee' guarantee.
IF YOU HAVE ANY QUESTIONS ABOUT FEES, PLEASE ASK A MEMBER OF STAFF