Fee Information for Landlords and Tenants
Description |
Fee payable to Agent |
Payable by |
Letting Only (preparing particulars, advertising, conducting viewings, reference and credit checks, preparing tenancy agreement) |
45% + VAT of one month’s rent (£395.00 minimum fee) |
Landlord |
Letting & Management (as above plus management throughout tenancy) |
12.5% + VAT of first year’s rent |
Landlord |
Management Only (management during existing tenancy) |
12.5% + VAT of first year’s rent |
Landlord |
Marketing Only (preparing particulars and advertising the property) |
£125.00 + VAT for up to 8 weeks |
Landlord |
Energy Performance Certificate |
£80 + VAT per property (up to 4 bedrooms) |
Landlord |
Gas safety check |
£65.00 + VAT per property |
Landlord |
Electrical safety check |
£65.00 + VAT per property |
Landlord |
Preparation of tenancy agreement (Landlord fee) |
£250.00 VAT per agreement |
Landlord |
Inventory preparation |
£99 + VAT per property (up to 4 bedrooms) |
Landlord |
Deposit registration fee (protection of deposit in authorised scheme and service of prescribed information) |
£45 + VAT per deposit |
Landlord |
Additional inspections (in addition to routine inspections under Management service) |
£50.00 + VAT per additional visit requested |
Landlord |
Permitted Payment – Loss of keys, security device |
Equivalent to cost incurred. Extra costs incurred for replacing lost keys or security devices are charged at £15 per hour inclusive of VAT. |
Tenant |
Permitted Payment – Early Termination/Surrender by tenant |
A charge not exceeding the financial loss experienced by the landlord. |
Tenant |
Permitted Payment – Change of Sharer |
£50.00 inclusive of VAT or any reasonable costs incurred if higher. |
Tenant |
Permitted Payment – Variation or Novation of Contract
Holding Deposit
Security Deposit
Unpaid Rent |
£50.00 inclusive of VAT or any reasonable costs incurred if higher.
One weeks rent.
Up to five weeks rent
After 14 days, intrest will be charged at 3% above the bank of england base rate on rent owed from due date until paid. |
Tenant
Tenant
Tenant
Tenant
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