Fee Structure

Option 1 – Full Management

This service is offered at a charge of 12½% + VAT of any rent received (subject to a minimum monthly fee of £60). An additional administration charge is payable at the start of each new tenancy equivalent to one week’s rent.  VAT is applicable.

Option 2 – Find A Tenant Only

This service is offered at a charge equivalent to one month’s rent. Due to the complexities of deposits, we recommend the full management service.

IMPORTANT

Due to the complexities of the tenancy deposit protection and the legal safety requirements, we will not draft a tenancy agreement to commence until five days after receipt of all the required paperwork and keys.

This includes:-

•        Landlord’s gas safety record – and confirmation that all repairs have been undertaken
•        Periodic electrical inspection report (including any PAT testing) – and confirmation that all repairs have been undertaken
•        Confirmation of instructions
•        Relevant instruction manuals

The five days then allow us to prepare for the tenancy properly and avoid future problems which should benefit you as the landlord to have a trouble free tenancy.