UK Fee Disclosure

CLIENT MONEY PROTECTION (CMP) PROVIDED BY: DEPOSIT PROTECTION SERVICE
INDEPENDENT REDRESS PROVIDED BY: THE PROPERTY REDRESS SCHEME (PRS)

TERMS AND CONDITIONS OF APPLICATION IS SUBJECT TO CONTRACT

Before you move in
Tenancy Agreement fee (tenant share)	£300 incl. VAT Contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
References fee (per tenant/guarantor/company)	£50 incl. VAT Referencing per tenant (identity, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability).
Inventory fee (landlords share):	£200-500 incl. VAT Dependant on the number of bedrooms/size of property/furnished/unfurnished fees may vary
Security deposit:	6 weeks Refundable at the end of tenancy, subject to check out report and standard wear and tear To cover the risk of property damage. This will be protected in a Government-authorised scheme and may be returned at the end of the tenancy
Pet deposit:	additional 2 weeks Refundable at the end of tenancy, subject to check out report and standard wear and tear
Stamp Duty	Due on tenancies that amount to over £125,000.00 per annum

During your tenancy

Tenancy renewal/extension

£120 incl. VAT

Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.

Change of Tenant

Amendments to tenancy agreement	£120 incl. VAT
New tenant Referencing per tenant	£90 incl. VAT (identity, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability).

At the end of tenancy
Future landlord reference fee	£30 incl. VAT
Professional cleaning (if required)	£200 for 1 bedroom £275 for 2 bedrooms £350 for 3 bedrooms £100 per additional bedroom Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy, subject to inventory check in report.
Other fees and charges	Loss of keys: £30 incl. VAT per key Out of hours service: £50 incl. VAT per hour Where actions of the tenant results in the agent (or nominated contractor) attending costs incurred the property, time to remedy the situation is charged at prevailing rate.
Unpaid direct debit or reversal of payment	£50 incl. VAT per transaction
Debit and Credit Card Charges	A Charge of 2.9% + £0.20 will be applied to each transaction made by overseas debit and credit card payments. A charge of 1.4% + £0.20 will be applied to each transaction made by UK debit and credit card payments.

Let only service 10% excl. VAT

Includes:

finding and referencing of tenant(s)
collect and remit initial months rent received
agree collection of funds and payment setup
provide tenant with payment setup
deduct any pre-tenancy invoices
make any HMRC deductions and provide tenant with the NRL8 (if relevant)
the initial commission fee is charged as a percentage of the total rent value of the agreed term, as specified in the tenancy agreement

Let with rent collection 12% excl. VAT

Includes:

finding and referencing of tenant
collect and remit initial months rent received
pursue rent collection and provide advice on rent arrears actions
agree collection of funds and payment setup
provide tenant with payment setup
deduct any pre-tenancy invoices
the initial commission fee is charged as a percentage of the total rent value of the agreed term, as specified in the tenancy agreement

Full Management 18% excl. VAT

Includes:

IF YOU HAVE ANY QUESTIONS REGARDING OUR FEES, PLEASE ASK A MEMBER OF OUR TEAM.