Schedule of Standard
Charges and Commissions-Landlords |
|
(All these fees
and commissions are payable by the landlord) |
|
Standard Introduction Service |
3 weeks rent |
Includes advertising for and finding, taking up references
on and installing your tenants. |
|
Gold Introduction Service |
4 weeks rent |
Includes the above plus free rent guarantee insurance for three months. Minimum six months policy. |
|
Full Management |
Initial charge of two weeks rent |
| Rent Guarantee optional at cost of 3.15%pm of rent Min 6 months policy | thereafter 12.5% of rent |
(There will be a reduction of 2.5% for three properties or more) |
|
Full management plus |
Initial charge of Two weeks rent |
| Includes free Rent guarantee Insurance.
|
Thereafter 15% of Rent.
|
Additional Inspections |
£ 50.00
|
| Includes a landlords report | |
Compulsory Gas Safety Inspection |
£66.00 |
Electrical safety Inspection |
£60 |
(Additional individual appliance check) per appliance |
£10 |
Repairs while vacant |
20% of invoice |
Insurance arrangement fee |
10% of premium |
Lenders letter confirming rental |
£25 |
Other letters or copy documents |
£25 |
Sale of property to tenants or other introduced purchasers. |
1.5% of sale price |
Court attendance fee Hourly rate £18.00. |
£125.00 per day For each member of Staff Plus expenses. |
Preparation of annual statements for Income tax purposes |
£40.00 |
Termination of agreement final Statements etc |
£50 |
Inventory Preparation |
£40 |
Video Record and Inventory |
£80 |
Photographic Record and Inventory |
£50 |
Rent Collection Service with no other services |
5% pcm of rent |
All prices are
subject to VAT at the normal rate of 17.5% |
|