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Our Residential Letting Fees

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Tenant Fees

Pre Tenancy

Administration / Reference Fee

Referencing tenants & verifying their right to residency status by checking identity, immigration and visa status, financial credit checks, obtaining references from current or previous employers/landlords in order to assess affordability as well as negotiation of the contract terms & conditions & securing the tenancy and agreement.

1 weeks rent + VAT

Guarantor Reference Fee - £154.80 per guarantor

Withdrawal of agreed offer by tenant - 1 week’s rent + VAT


Miscellaneous Costs

Interest on unpaid rent is payable at 6% above Barclays Bank PLC Base Rate calculated & added daily until the rent is paid.

Sending out breach notifications - £36 per letter


During Tenancy

Amendment of tenancy to include a change of tenant £300

References & right to residency checks per tenant in the event of a change of tenant £154.80

Extending the tenancy after their initial contact ends - £180

Failure to keep an agreed appointment - £118.80


End of Tenancy

Inventory check-out - £154.80

Note: The landlord pays for the initial inventory & check-in at the tenancy start & the tenant pays for inventory check-out at the end of the tenancy


Landlord Fees

We like to be clear when stating our fees for finding you a tenant and managing the process. There are 2 different service options available to you as stated below along with our fees. Note, our fees are a percentage of the gross rental income for the period of the tenancy & payable at the start of the tenancy.

Letting service with collection of rent – 11% + VAT

Full management service –  17% + VAT

Renewal fees for the above services

If the tenant chooses to renew their tenancy for a longer period of time that the original length then a fee of 11% +VAT for Rent Collection and 17% +VAT for Fully Managed.

 

Additional fees may include:

o   Deposit registration fee - £72

o   Tenancy agreement fee - £178.80

o   Energy Performance Certificate (valid 10 years) - £210

o   Gas Safety Certificate - £118.80

o   Inspections - £118.80 (Note: for managed properties, a visual inspection is conducted every 6 months by a member of our Property Management team as part of the service. This inspection fee is only applicable if the landlord requires a full visual inspection conducted by the inventory clerk for a detailed report of condition of property in comparison to the inventory report)

o   EPC - £118.80

o   Rental Warranty service - £210

o   Combined Inventory & check-in - £238.80

o   Inventory - £154.80

o   Check-in - £154.80

o   Negotiating a mutual surrender - £420

o   Withdrawal of agreed offer by landlord - £1500





 
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