Lettings Fees

Tenant Cost’s

Holding deposit  - 1 weeks rent (example £500 rent pcm = £115.38 holding deposit)

Holding deposits will be deducted from the first month’s rent.

Security deposit – Up to 5 weeks rent (this will be held in a secure deposit scheme)

TENANT DEFAULT FEE’S

Change of Sharer fee - £60 incl. vat per person.
Rent arrears fee         - £25 incl. vat

Lost keys                    - £25 (Dependent upon the cost of the key)

Surrendering the agreement   - Negotiable upon request. (the basic cost would be £450+vat)

Landlord fees

Let only fee - £540 incl. vat one of fee out of the first months rent
This includes:

  • Marketing
  • Viewings
  • Credit checks
  • Referencing
  • Drawing up tenancy agreements

Rent collection and fully managed set up fee - £300 incl. vat
This includes:

  • Marketing
  • Viewings
  • Credit checks
  • Referencing
  • Drawing up tenancy agreements

Rent collection service 7% + vat (8.4% incl. vat)
This includes:

  • Collecting the rent
  • Chasing any arrears
  • Serving the notice to the tenant

Fully managed Service 10% + vat (12% incl. vat)
This includes:

  • Collecting rent
  • Chasing any arrears
  • Serving the notice to the tenant
  • Taking maintenance calls 365 days a year
  • Carrying out property visits
  • Carry out maintenance works
  • Organise renewals of the tenancy agreement
  • Organising the annual gas safety certificate.

Additional fee's and charges

Extension fee/Renewal of Tenancy Agreement £60 incl. vat
Inventory £99 incl. vat
Check out any property £50 incl. vat
Register of Tenant Deposit with DPS and processing of refunds (Let Only) £40 incl.vat
Gas Safety Certificate £60 incl. vat
Mid Term Inspection (Let Only and Rent collection) £50 incl. vat

VAT is charged at the applicable current rate 20%

Above Fee’s are applicable from 4.01.2019