F E E S

 

 

FEES

 

Landlord fees

• Standard Lettings Service 11% (+ VAT); 13.2% (inc VAT)
• Fully Managed Service 17% (+ VAT); 20.4% (inc VAT)
• Short Term Let 20% (+ VAT 24%) (inc VAT) for tenancies less than six months.
• Fully Managed Short Term Let 25% (+ VAT); 30% (inc VAT) for tenancies less than six months.
• Tenancy Admin fee for non-managed properties £240 (inc VAT) preparing documents inc offer letters, tenancy agreement, referencing and right-to-rent checks.

• Pre-tenancy management for non-managed properties £60 (inc VAT) arranging of gas safety, inventory, deep clean.
• Additional non-optional fees and charges: The costs of clean, EPC, gas safety and inventory are set by our trusted suppliers and will be directly charged to the Landlord, irrespective of level of service.
• Sale of the Property to the Tenant 1.8% (inc VAT) of the asking price.
• Submission of non-resident Landlord receipts to HMRC £240 (incl VAT) Annually. To remit and balance the financial return to HMRC.

Tenant fees

• Tenancy Agreement Fee No Charge for assured shorthold tenancies and licenses to occupy. £240 (inc VAT) for company tenancies and common law tenancies.
• Holding Deposit Equivalent to one week’s rent.
• Tenancy Deposit Equivalent to five weeks’ rent and may be returned at the end of the tenancy.
• Amendment fee £50 (inc VAT) – Contract negotiation, amending terms and updating the tenancy agreement during your tenancy.
• Check Out Costs – No Charge for assured short-hold tenancies and licenses to occupy. For company tenancies and common law tenancies the Inventory Company     charge will be dependent on size and content of property. The Landlord will pay for the inventory and check-in and tenant will be liable for the check-out.
• Unpaid Rent / Returned Payments Interest at 3% above Bank of England Base Rate from date due.
• Stamp Duty Due on tenancies where the rent amounts to over £125,000. For further information kindly refer to HMRC.