FEES

Services 

Let Only Service
Our commission is 5% of the total gross rent due for the 1st year of the tenancy (or 10% of 1st six month’s rent). Commission is to be paid in one instalment. For example, for a rent amount of £1000 per month, the fee payable would be 5% of £1000 (£50), multiplied by 12 months, which comes to £600 (i.e. £50 x 12) plus VAT (20% of £600=£120). In total, the cost would be £720 inclusive of VAT.

Rent Collection Service
For example, for a rent amount of £1000 per month, the fee payable would be 7.5% of £1000 (=£75) plus VAT (20% of £75 = £15). In total, the monthly fee would be £90 inclusive of VAT.

Full Management Service
Our commission is 10% of the total gross rent due for the entire agreed term of the tenancy. Commission is deducted from the rent as it is paid to the landlord, usually on a monthly basis. For example, for a rent amount of £1000 per month, the fee payable would be 10% of £1000 (=£100) plus VAT (20% of £100= £20). In total, the monthly fee would be £120 inclusive of VAT.

All fees are subject to VAT (Vat Registration No: 411527824)
 

Letting Services

Included in all our services:

• Tenant Finding
• Advertising your property for rental
• Marketing your property for rental
• Employment / Previous Landlord references
• Identity verification
• Credit Search

Please note that the Government does not allow us to charge tenants for referencing or inventories any more so this is chargeable to the Landlord.

Information for Vendors

We currently only act as Selling Agents for properties on a sole agent basis. Our charge for this is 1% (+VAT). For example, on a £300,000 property, 1% = £3000. Including VAT (at 20%), the fee payable would be £3600 in total.

This service includes:

• Valuation of the property including strategy to achieve the vendor’s preferred outcome and advice on improvements that may add value.
• Marketting of the property on top property portals including Zoopla, Prime Location and On The Market. Property will also be cross referenced with existing purchasers on our databases.
• Shop front advertising and direct marketing to known and trusted investors.
• Once an offer has been made, we will track and – where necessary – chase conveyancers, mortgage lenders and all other parties to ensure the sale is as smooth and efficient as possible.
• Assistance with exchange and handover of keys and other necessary processes to aid in your sale.