Letting Fees and Price Structure
Legislation requires all letting agents to be transparent about fees charged and their pricing structure.
Tenant Fees
Applicant for single occupancy - Referencing and Tenancy administration fee £240 including VAT
Two applicants for shared occupancy - Referencing and Tenancy administration fee £330 including VAT
Guarantors - if a guarantor is required, a charge of £120 inclusive of VAT will be chargeable
Fees include:- Referencing, administration for transfer of utility accounts, share of costs for schedule of condition / inventory, share of tenancy agreement costs, advance payment for share of final inspection
early departure fees: if a tenant vacates a property prior to the end of the fixed term he/she will be liable to pay the term's remaining rent until a new tenant is found. The tenant will also be liable to pay the landlord's set-up fee for the new tenancy if a new tenant is found within the fixed term period.
Landlord Fees
Introductory Only Service: 90% of first month's rent + VAT (equates to 108% inclusive of VAT
Full Management Service: set-up fee of £300.00 plus VAT then 10% + VAT of each month's rent (equates to £300.00 then 12% per month inclusive of VAT)
Rent Collection Service: set-up fee of £300.00 plus VAT then 6% + VAT of each month's rent (equates to £300.00 then 7.2% per month inclusive of VAT)
Landlord Discounts
We offer discounts for representing multiple properties and further incentives for properties in close proximity to our offices.
Letting Fees at a Glance
Single Applicant - Referencing and Tenancy administration fee £240 including VAT
Two Applicants - Referencing and Tenancy administration fee £330 including VAT
Guarantor - Referencing and administration £120 including VAT
Landlords - Introductory Only Service:
90% of first month's rent + VAT
Full Management Service:
set-up fee of £300.00 then 10% + VAT of each month's rent
Rent Collection Service:
set-up fee of £300.00 then 6% + VAT of each month's rent