NO SETUP FEES. NO PAPERWORK FEES. NO INFLATED INVOICES.
Landlord Services & Schedule of fees
Service 1: Management & Agency
We search for a tenant and manage the property.
We charge 16.8% of the contracted rent (equal to a quote of 14% + VAT from a corporate agent)
for the initial tenancy term and 14.4% for two years of extensions.
Service 2:Management (only)
We manage the property but do not search for a tenant.
We charge 7.2% of the contracted rent (equal to a quote of 6% + VAT by a corporate agent)
on an ongoing basis.
Further costs:
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We charge our clients the exact same price that these third-party services cost and we never make a profit on top. As such, these are guideline prices, subject to external variation:
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Land registry freehold and leasehold titles (£3.00 each)
Required in order to verify the ownership of the property.
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Copies of the head-lease (£25.00 each)
Required for leasehold property.
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Key cutting (approximately £5.00 per key)
One set is required for each individual tenant as well as one management set.
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References (£35.00 each)
We will always recommend a third-party agency for prospective tenant referencing.
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Other third-party services (varied)
Typical third-party services that the Landlord may anticipate instructing during the course of a tenancy include, but are not limited to, the costs of safety checks, inventory checks, cleaning, local authority licencing, maintenance and repair, legal assistance, insurance.
For further information on any third-party costs, please contact us.
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Hourly
rate
We have a standard labour rate of £50.00 per hour for additional services agreed in advance with our clients. For further information, see our Terms and Conditions.
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For example, we may agree to provide the following additional services which go above and beyond what would usually be expected of a managing agent:
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Producing a sketch floorplan â—‡ Applying for a local authority license â—‡ Attending court â—‡ Attending a property to await a delivery â—‡ Travelling to purchase a specific item â—‡ Minor rubbish clearance â—‡ Minor garden tidying â—‡ Minor furniture assembly