Residential
Policies & Fees

Rental Terms

Holding Fee:
Capped at one week's rent and refundable if successful

Deposit:
Equivalent to 5 weeks' rent.
There is talk under the Renters Rights to introduce a pet deposit of around 3 weeks rent.
The deposit is registered and protected with TDS, a Government authorised body.

Contract release fee on Joint and Several tenancy when in contract(only if agreed by the Landlord): £50 inclusive per person

Agreement fee when a tenant is added or removed from a tenancy: £50 inclusive per person

Additional Right to Rent Checks: £50 inclusive per person

Landlord Fees

We will be pleased to discuss our terms of business and services/fees.

Letting Service: 10% (+ VAT) of annual rent achieved

Full Management: 15% (+ VAT) of annual rent achieved (plus initial Letting Fee)

Additional Fees:

• Rent Reviews: £90 + VAT
• Deposit Registration: £40 + VAT

Inventory and Schedule of Condition Fee:

• Studio/One Bedroom: £175 + VAT
• Two Bedroom: £200 + VAT
• Three Bedroom: £225 + VAT
• Four Bedroom +: £250 + VAT

Refurbishment Contract Administration: ntractors cost plus 10% oncost (to be agreed)

Court Attendance: £360.00 + VAT per day or part thereof

Obtaining Gas Safety Certificates: £105 + VAT

Obtaining Energy Performance Certificate:

• 0-2 bed - £130.00
• 3+ bed £160.00

Obtaining Floor Plans: £110 + VAT

Providing Portable Appliance Testing Checks: Contractor fee & 10% oncost

To remit and balance the financial submissions to HMRC in respect of non UK resident landlords: £100 + VAT per quarter

Check Out Inspection:

• Studio/One Bed: £150
• Two Bed: £150
• Three Bed: £175
• Four+ Bed: £175
• Preparing and serving notices Section 21 & 8: £125

Extra Optional Fees and Charges:

• Landlord PRS Registration Fee: TBA
• HMO / Selective / Regulated / Section 257 Local Authority Charges: Local Authority cost plus £300.00 admin fee
• Licensing / HMO Visits (additional property visits over and above the one per year included in management agreement): £200.00 per visit (x3)
• Site Visits at Client’s Request: £150.00 per hour
• Site Visit (Out of Hours at Client’s Request): £250.00 per hour
• Additional Right to Rent Checks: £50.00 per tenant

Application to the Local Authority for a Scaffold Licence: £120.00 administration fee plus Local Authority costs

• Paper Copy of Statements / Duplicate Documents Posted: £25.00 each
• Insurance Placing Administration Fee (if no consent to retain commissions): 5% of premium
• Making Payment Outside the UK: £25.00
• Making a Same Day Payment in the UK: £25.00
• Land Registry Searches: £15.00 each
• Lease from Land Registry: £25.00 each

Transferring to Another Agent:
Paperwork and funds transfer – £300.00

Change of Ownership Set Up: £100.00 per property

Specialist Fees:

We also offer a full range of RICS Building and Valuation Surveyor services.
Prices on Application

We are members of the Property Redress Scheme + RICS Client Money Protection Scheme