Fees to Landlord’s – (signed On or After 1 June 2019)

Fully Managed Fees

Commission Rate:

11% plus VAT or 13.2% per month inc.VAT eg. If the monthly rent was £600 the fee would be £79.20 inc. VAT
9% plus VAT or 10.8% for portfolio inc. VAT eg. If the monthly rent was £600 the fe would be £64.80 inc. VAT

Setting Up Fee

£200 (inc. VAT) – For creation of the initial tenancy and then £150 (inc VAT) for the creation of second and subsequent tenancies

Extending Tenancies

£60 (inc VAT) – For the service of extending/renewing tenancies

Reviewing Rent

£42 (inc VAT) – For the service of renewing and implementing an increase in the rent

Termination fee

£300 (inc VAT) – Fee for termination of the tenancy prior to the contract being signed (ALSO FOR TENANT FIND ONLY)

Tenant Find Only Fees

Commission Rate:

(Inc VAT) 65% of first month’s rent for an initial 6 month contract

eg. If the monthly rent was £600 the fee would be (inc VAT) £390

Your commission will be calculated using the above formula based on the actual monthly rental amount agreed

(Inc VAT) 130% of first month’s rent for an initial 12 month contract

eg. If the monthly rent was £600 the fee would be (inc VAT) £780

Your commission will be calculated using the above formula based on the actual monthly rental amount agreed

Extending/renewal of contract to existing Tenant: (inc VAT) £300.00

Fees to Landlord’s – (signed On or Before 31 May 2019)

Fully Managed Fees

Commission Rate:

(inc VAT) 12% per month (10% plus VAT – 12%)
(inc VAT) 10% for portfolio (8% plus VAT – 10%)

eg. If the monthly rent was £600 the fee would be (inc VAT) £72

Your commission will be calculated using the above formula based on the actual monthly rental amount agreed

Setting Up Fee

(inc VAT) £150 – For creation of the initial tenancy and then (inc VAT) £90 for the creation of second and subsequent tenancies

Extending Tenancies

(inc VAT) £60 – For the service of extending/renewing tenancies

Reviewing Rent

(inc VAT) £30 – For the service of renewing and implementing an increase in the rent

Termination fee (Applicable to Managed and Tenant Find)

(inc VAT) £300– Fee for termination of the tenancy prior to the contract being signed

Tenant Find Fees

Commission Rate:

(Inc VAT) 60% of first month’s rent for an initial 6 month contract

eg. If the monthly rent was £600 the fee would be (inc VAT) £360

Your commission will be calculated using the above formula based on the actual monthly rental amount agreed

(Inc VAT) 120% of first month’s rent for an initial 12 month contract

eg. If the monthly rent was £600 the fee would be (inc VAT) £720

Your commission will be calculated using the above formula based on the actual monthly rental amount agreed

Extending/renewal of contract to existing Tenant: (inc VAT) £300.00

For the services of checking out the existing Tenant: (inc VAT) £120.00