Fees
Landlord Fees
Full Management Fees: 12% (14.4%Inc. VAT Monthly)
Tenancy Set Up Fee: £250 (£300Inc. VAT)
Deposit/Deposit Replacement Service: FREE
Service of Notices: FREE
Introduction + Rent Collection Letting Service Fees: 8% (9.6%Inc. VAT Monthly)
Tenancy Set Up Fee: £250 (£300 Inc. VAT)
Deposit/Deposit Replacement Service: FREE
Service of Notices: FREE
Introduction Only Service Fees: 5% (6% Inc. VAT Upfront)
Deposit Protection Service: £40 (£48 Inc. VAT)
Service of Notices: £50 (£60 Inc. VAT)
Recommended Additional Services
Referencing (perTenant/Guarantor): £20.83 (£25 Inc.VAT)
Tenancy Extension/ Renewal Service Fee: £150 (£180 Inc.VAT)
Licence Application Fee*: £150 (£180 Inc.VAT)
Inventory Preparation Fee: Subject to Quotation
Inventory Check In Fee: Subject to Quotation
Inventory Check Out Fee: Subject to Quotation
Other Additional Services (Only Available for Full Management & Rent Collection Services)
Property Preparation Service Fee: Subject to Quotation
Additional Property Visits (Per Visit) Fee: £50 (£60 Inc. VAT)
Safety and Compliance Documents Additional Services
Energy Performance Certificate Fee: Subject to Quotation
Gas Safety Record Fee: Subject to Quotation
Portable Appliance Test Fee: Subject to Quotation
Periodic Electrical Inspection Fee: Subject to Quotation
Legionella Risk Assessment Fee: Subject to Quotation
Tenant Fees
Holding Deposit (per tenancy) - One week’s rent
This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year) - Five weeks’ rent
This covers damages or defaults on the part of the tenant during the tenancy.
Security Deposit (per tenancy. Rent of £50,000 or over per year) - Six weeks’ rent
This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue nonpayment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s)
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
Early Termination or Variation of Contract
Should the tenant wish to end the contract early, or vary the contract in any way, it will firstly be subject to the landlord’s approval, and the tenant shall be liable to the landlord’s costs including re-letting the property, putting in place a new legally binding contract, as well as all rent due under the existing tenancy until the start date of any replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Changing the tenancy documents after the commencement of the tenancy (at tenant’s request)
£50 Inc. VAT