Our Charges And Fees

Posted on: 21 April 2020

Tenant Fees

RESERVATION FEE- One weeks’ rental to be paid as a good faith reservation fee which will be offset against security deposit.

DEPOSIT- In accordance with new legislation security deposits are limited to 5 weeks rent unto £50,000 annual rental and 6 weeks for rentals above £50,000 and are held by a recognised deposit protection scheme (DPS) for the period of the tenancy.

INDEPENDENT REDRESS- We are a member of the Property Ombudsman Limited (www.tpos.co.uk).

CLIENT MONEY PROTECTION- We are registered with Money Shield.

 

 

Landlord Fees

LETTING ONLY SERVICE-This advice includes advice on pre-letting, statutory duties, arranging an EPC, producing property details and marketing, conducting viewings and negotiations, applying for references, preparation of paperwork(to include tenancy agreement, dealing with deposit and deposit scheme, arrangements for statutory safety checks (at landlord cost).

10% plus 20.00% VAT of the total years rent reserved under the tenancy agreement.

8% plus 20.00% VAT of the total years rent under any renewed tenancy.

MANAGEMENT SERVICE- This service includes advice on pre-letting, statutory duties, arranging an EPC, producing property details and marketing, conducting viewings and negotiations, applying for references, preparation of paperwork(to include tenancy agreement), dealing with deposit and deposit scheme, arrangement of check-in inventory( at Landlord cost), arrangements for statutory safety checks(at Landlord cost), arrangement of any cleaning, transferring of utities, collection of rent and statements to Landlord, settlement of invoices, day to day maintenance and repairs.

5% plus 20.00% VAT in addition to the letting fee outlined above.

ENERGY PERFORMANCE CERTIFICATE- £60.00 including VAT.

PROTECTION OF DEPOSIT- We are a member of the Deposit Protection Service and there is no charge to the Landlord for this service.

INVENTORY CHECK IN and OUT- This cost will vary depending on the size of the property, however should be no greater than £120.00 plus 20.00% VAT per visit.

INDEPENDENT REDRESS- We are a member of the Property Ombudsman Limited (www.tpos.co.uk).

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