Fees for Landlords and Tenants

 


Fees to the landlord

All fees are dependent on the package that is chosen but our maximum fees are:

Set up fee £238.80 INC VAT

Management fee 10% + VAT per month (for example a rental income of £500pcm would result in a fee of £60 inc vat)

Tenant find fee £570 INC VAT

Renewal £90 INC VAT

Document Amendment (only applicable if requested by the landlord) £50 Inc VAT

This list is not exhaustive and an hourly rate of £43.20 INC VAT is applicable for anything outside the scope of our management package

 

Fees to Tenants

Document amendment fee £50 Inc VAT

Unpaid rent 3% above the Bank of England base rates

 

What can a tenant expect to pay before move in?

Tenants can expect to pay the following before they move into a property:

1)      The first months rent in advance of no later than 3 working days prior to the start of the tenancy. Rent will then be due each month for the duration of the tenancy

2)      A security deposit to be held with the Deposit Protection Scheme throughout the tenancy, equal to and not exceeding 5 weeks of the rent.

3)      A holding deposit per application, per property equal to 1 weeks rent. Please note: this will not be retained by the firm unless circumstances dictate this in accordance with the tenant fee ban 2019.

 

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