LET ONLY SERVICE

12% including VAT (10% plus VAT) of the annual rent for the initial term of the contract.

MANAGEMENT SERVICE (Includes Rent Collection)

6% including VAT (5% plus VAT) of the annual rent for the initial term of contract.

RENT COLLECTION

3% including VAT (2.5% plus VAT) of the annual rent for the initial term of the contract.

RENEWAL COMMISSION

8.4% including VAT (7% plus VAT) for the first renewal term and 7.2% including VAT(6% plus VAT) for any subsequent renewal terms.

Let Only Service

• Fully reference tenant
• Collect and remit initial months’ rent received
• Create tenancy agreement
• Agree collection of any shortfall and payment method
• Provide tenant with method of payment
• Deduct any pre-tenancy invoices
• Make any HMRC deduction and provide tenant with NRL8 (if relevant)

Rent Collection

• Collect and remit the monthly rent received
• Deduct commission and other works
• Pursue non-payment of rent and provide advice on rent arrears actions
• Make any HMRC deduction and provide tenant with NRL8 (if relevant)

Fully Managed

• Collect and remit monthly rent received
• Pursue non-payment of rent and provide advice on rent arrears actions
• Deduct commission and other works
• Advise all relevant utility providers of changes
• Undertake inspection visits and notify the landlord of the outcome
• Arrange routine repairs and instruct approved contractors
• Hold keys throughout the tenancy term
• Make any HMRC deduction and provide tenant with NRL8 (if relevant)

Additional non-optional fees and charges

Inventory fee – Dependent on the number of bedrooms and size of the property.

Check out fee – Dependent on the number of bedrooms and size of the property.

Professional clean if required – Dependent on the number of bedrooms and size of the property.