An amount payable under a percentage fee will go up or down depending on the agreed rent level. Fixed fees will remain the same regardless of the rent level agreed.
1) Introduction Only Service £First months rent inc VAT payable for each letting where the Tenant is introduced through the Agent.
2) Full Management Service £First months rent inc VAT plus 10% INC vat of the rent received thereafter*, deducted by the Agent.
*If the monthly rental is £1500.00 you will pay a fee of £150.00.
If a Tenant who is ready willing and able to enter into a tenancy is introduced during the Agent’s period of instruction, or as a result of their marketing activity, where the Tenant is introduced through the Agent, the minimum fee that would be payable will be the fee for each day the Agent has managed the Property, if any, based on the Full Management charges above, subject to a minimum level of the fee for the Let Only Service, plus other expenses incurred, such as the gas safety check.
Additional Charges
Tenant referencing £30.00 per tenant Tenant/Property
Guarantor referencing £30.00 per Applicant/Property
Tenancy agreement fee £50.00 inc VAT
Inventory service £120.00 – 1/2 bed flat
£150.00 – 2/3 bed house
Duplicate statements £10.00 per statement
Notice service £50.00 INC vat
Overseas landlord additional tax fee £50.00
Professional hourly rate £25.00 PER HOUR Charged by the Agent when required to carry out any additional
services
Check in £150.00 inc VAT
Check out £150.00 inc VAT (included in full management)
Void property inspections £25.00 (per visit)
Tenancy renewal fee £75.00 inc VAT
Major works fee £25.00 per hour
Land Registry check £10.00inc VAT (where not provided by the Landlord)
In the event of cancellation during a tenancy, the minimum fee that would be payable will be the fee for each day the Agent has managed the Property, if any, based on the Full Management charges above, subject to a minimum level of the fee for the Let Only Service, plus other expenses incurred, such as the gas safety check.
SCALE OF CHARGES
OTHER INCOME
(All fees are per property unless otherwise stated)
Referral Fee Disclosure
We do not receive or request referral fees.
Where applicable, commissions will be included in our contractor or supplier invoice.
***If the invoice total is £100.00, you will pay a commission of £5.00.
TENANT SCALE OF CHARGES
Payments permitted under the Tenant Fees Act 2019 by Tenants or under an assured shorthold tenancy.
Rent Payable monthly in advance (unless agreed otherwise).
Default fee for late Rental payments overdue by more than 14 days will be subject to interest at the rate of ~ % payment of rent (Maximum 3%) over the Bank of England Base Rate calculated from the date the payment was due up until the date payment is received.
Deposit Payable before the start of the tenancy and held under a Government-approved scheme for the duration of the agreement. It will be repaid in full provided all obligations have been fulfilled. The deposit will be subject to a maximum of five weeks’ rent for an annual rent of up to £50,000 and a maximum of six weeks’ rent for an annual rent over £50,000.
Holding deposit Equivalent to one week’s rent (as statutorily prescribed). This will be withheld if the Tenant does not have the right to rent, or any relevant person (including any guarantor(s)) withdraws from the tenancy, provides materially significant or false or misleading information, or fails to sign their contract ~ (and/or guarantor agreement) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Default payments If the Tenant breaches any of the requirements of the agreement, the Tenant may be liable to pay the Landlord for any losses incurred as a result of: a failure by the Tenant to make a payment by the due date to the Landlord or, a breach by the Tenant of a term of the contract, both subject to any statutorily prescribed limits.
The losses the Landlord may claim may include, damages, costs, charges and expenses incurred as a result of the breach that the Landlord was unable to mitigate to put the Landlord back in the same position as had the Tenant not breached the agreement.
Variation of agreement The actual costs reasonably incurred, if the costs exceed £50.00 including VAT; written evidence of the actual cost will be provided.
Early termination Without granting a right to do so, should the Tenant wish to leave their contract early and the Landlord agrees, they will be liable to pay the Landlord’s losses and the Agent’s reasonable costs in re-letting the Property, as well as all rent due under the tenancy until the start date of the replacement tenancy (capped at no more than the maximum of rent outstanding on the tenancy).
Council Tax Payable to the billing authority, if the Tenant is liable.
Utilities Including water, sewerage, gas (or other heating fuel) and electricity including any Green Deal costs) payable in respect of the dwelling, and if required in the tenancy agreement. This may be payable to the Landlord or to the utility provider.
Television license Payable if the Tenant is contractually required to make a payment to the British Broadcasting Corporation
Communication services Payable to a provider of: internet, cable or satellite television, telephone services other than mobile if the payment is contractually required.
Loss of keys The actual costs, as evidenced by invoice or receipt, related to a breach of contract leading to the requirement for a lock to be added or replaced or a key or other security device giving access to the Property to be replaced.
Missed appointments Losses, as evidenced by invoice or receipt, suffered by the Landlord if the tenant fails to attend appointments agreed by the Tenant and arranged by the Letting Agent or Landlord for contractors or others to attend or to carry out work at the Property.
Avoidable, accidental or The Tenant will be liable for any losses, as evidenced by invoice or receipt, suffered by the Landlord as a result purposeful damage to the of neglect or wilful behaviour by the Tenant or their guests resulting in damage to the Property. Property
Emergency/out of hours Any losses or additional losses suffered by the Landlord, as evidenced by invoice or receipt, as a result of the call-out fees Tenant arranging an emergency, out of hours contractor call-out where the work was not an emergency or the works were required as a result of the Tenant’s actions.
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