(all fees plus VAT)
 
Letting Only
7% of the rent
 
Includes:
 
Promoting and listing the property on the appropriate online platforms
Conducting and providing guided property tours
Finding a tenant
 
e.g. if the tenancy is 12 months and the rent Is £5,000 per month, the fee calculated shall be 7% of the annual rent, so the fee will be £4,200 + VAT (i.e. 8.4%).
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The agreement fee will also be due on every renewal.
 
 
Letting & Rent Collection
9% of the rent
 
Includes:
 
Promoting and listing the property on the appropriate online platforms
Conducting and providing guided property tours
Finding a tenant
Reference and background checks on the tenant
Providing a tenancy agreement
Pre tenancy checks and make sure the property is ready to let (i.e check cleanliness, smoke and carbon monoxide alarms)
Register the security deposit and collect the first rent instalment
Monthly rent collection and remit the rent received minus letting fees
 
e.g. if the tenancy is 12 months and the rent Is £5,000 per month, the fee calculated shall be 9% of the annual rent, so the fee will be £5,400 + VAT (i.e. 10.8%).
 
Agreement fee will also be due on every renewal.
 
 
Letting & Property Management   
12% of the rent
 
Includes:
Letting & Rent Collect plus:
 
Being the main point of contact for our landlords and tenants throughout the tenancy
Arrange and oversee maintenance
Book inventories, check-ins and check-outs
Six monthly property inspections
Chase and collect rent and rent arrears
Handle deposit dilapidation negotiations post tenancy
Give advice to tenants/landlords on their responsibilities
Send landlord account statements/income and expenditure reports
Securely holding keys throughout the tenancy term
 
e.g. if the tenancy is 12 months and the rent Is £5,000 per month, the fee calculated shall be 12% of the annual rent, so the fee will be £7,200 + VAT (i.e. 14.4%).
 
The agreement fee will also be due on every renewal.
 
Short Letting (Inclusive of Property Management)
25% of the rent
 
Includes:
Letting & Rent Collect plus:
 
Being the main point of contact for our landlords and tenants throughout the tenancy
Arrange and oversee maintenance
Book inventories, check-ins and check-outs
Chase and collect rent and rent arrears
Handle deposit dilapidation negotiations post tenancy
Give advice to tenants/landlords on their responsibilities
Send landlord account statements/income and expenditure reports
Securely holding keys throughout the tenancy term
 
e.g. if the tenancy is 3 months and the rent Is £10,000 per month, the fee calculated shall be 25% of the total term, so the fee will be £7,500 + VAT (i.e. 30%).
 
The agreement fee will also be due on every renewal.
 
Agreement & Arrangement fees:
(Applies to all service levels)
 
Tenancy Agreement £300
Drawing up the tenancy agreement and issuing relevant paperwork.
 
Renewal Tenancy Agreement £150
Drawing up the renewal agreement and issuing relevant paperwork.
 
Referencing Fees £50
Managing the referencing and application process for every reference carried out for each individual tenant, occupant, or guarantor within a tenancy.
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Deposit Registration Fee £30
Registering landlord and tenant details and protecting the deposit with My Deposits Custodial.
 
Sale of the property to the tenant 1.5%
Where the landlord would sell the property within the tenancy agreement term.
 
Rent Protection:
 
The fee (3%) is based on the gross monthly rent as agreed in the tenancy agreement.
 
Cover includes:
 
• Covers 100% of the rent until vacant possession
• 75% Vacant possession up to 3 months
• Covers up to £5,000 rental payments per month
• Rents over £5,000 are quotable
• Up to £100k Aggregate for legal expenses and rent arrears in any one claim
• Repossession, Recovery of Arrears, Nuisance & Trespass, Defence of Criminal Prosecutions
• Alternative Accommodation & storage cost
• New or Existing tenancies without any no-claims penalty period
• NIL EXCESS