Lettings Scale of Charges and Relevant Fees

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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