Bolton Landlord Fees
All our fees are shown inclusive of VAT where applicable.
Guaranteed Rent
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 and Rent Collection
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement. The renewal fee is £72.00.
Rent Increase Fee for Fully Managed and Rent Collection
If you are happy to increase the rent, we may charge a Rent Increase Fee. The Rent Increase Fee is £48.00.
Tenant Find Charges
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.
Renewal Fee for 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.
Withdrawal/Cancellation Fees for Fully Managed and Rent Collection
Where a landlord withdraws his instruction before the tenancy has started, we reserve the right to recover reasonable costs (subject to a minimum fee) of marketing, property compliance checks, finding and placing a tenant etc. Where a landlord cancels a Fully Managed or Rent Collection Service during the tenancy (including any extensions) all fees must be paid in full to the end of the current tenancy agreement (subject to a minimum of three months management fees payable). Three months management fees are payable where the tenancy is periodic.
Withdrawal Fee for Tenant Find
Where our Tenant Find Service is cancelled when we have found a suitable tenant who is ready, willing and able to move in, we charge a cancellation fee to cover the cost of our reasonable losses (subject to a minimum fee).
Our Fees
| Service | Charge (inclusive of VAT where applicable) |
|---|---|
| Standard Set Up Fee – Fully Managed | £450 |
| Standard Monthly Commission - Fully Managed | 12% |
| Standard Set Up Fee – Rent Collection | £450 |
| Standard Monthly Commission - Rent Collection | 10.8% |
| Standard Tenant Find Commission | 120% of monthly rent |
| Tenant Find Renewal Charges | £108 |
| Dispute & Resolution Administration Fee, per property annual fee | £90 |
| Dispute & Resolution Administration Fee, per claim | £150 |
| Cancellation/ Withdrawal Fee – Fully Managed, Rent collection and Tenant Find | Reasonable costs to recover losses (subject to minimum 3 month’s management fee) |
All Fees are inclusive of VAT
Any percentage fees shown are calculated based on the monthly rent.
We are proud to have Client Money Protection in place which is administered by Propertymark.
We are a member of redress scheme administered by the Property Ombudsman
Client Money Protection Certificate
We are proud to have Client Money Protection in place provided by CMP Protect.
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