If you are renting your property to us on the Guaranteed Rent Service, we will not charge you any fees at all.
Charges will apply for our other services, please see the table below for details of these.
Set Up Fee for Fully Managed and Rent Collection
When you first instruct us on either of these schemes you will have to pay a Set Up Fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc. The Set-Up Fee is payable each time you instruct us to find a new tenant for your property.
A fee for protecting the tenant’s deposit may be charged separately to cover our costs.
Commission for Fully Managed and Rent Collection
We charge a monthly commission for the ongoing management of your property, which will depend on the level of service you require.
Renewal Fee for Fully Managed, Rent Collection and Tenant Find
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Tenant Find Set Up Fee
If you simply want us to find a tenant for your property, we will charge you a one-off fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc.
|Charge (inclusive of VAT where applicable)|
|Standard Set Up Fee – Fully Managed||£450 (£375 plus VAT)|
|Standard Monthly Commission – Fully Managed||14.4% (12% plus VAT)|
|Standard Set Up Fee – Rent Collection||75% plus VAT of the first months rent|
|Standard Monthly Commission – Rent Collection||12% (10% plus VAT)|
|Tenant Find Set Up Fee||75% plus VAT of the first months rent|
|Renewal Fee for Fully Managed, Rent Collection and Tenant Find||£90 (£75 plus VAT)|
Any percentage fees shown are calculated based on the monthly rent