FIRST TERM (LENGTH OF THE INITIAL CONTRACT)
Letting fee: 7%
Management fee: 5%
Total annual fees: 12%
SECOND AND FOLLOWING YEARS
Renewal fee: 3.5%
Management fee: 5%
Total annual fees: 8.5%
ADDITIONAL COSTS:
Tenancy extension, renewal, change of tenant - £60 including VAT
EPC if required - £120 including VAT
Inventory preparation and professional cleaning - charged at cost by external providers
Fixed fee: 6% of the annual rent
BUYING SEARCH:
Upfront retainer fee: £500
Success fee: 1% with a minimum of £5,000
RENTAL SEARCH:
Fixed fee regardless of the value of the property: £2,000
MANAGED SALE:
Upfront retainer fee: £500
Success fee based on the achieved sold price:
Up to £2million: £5,000
£2 - 5million: £20,000
Over £5million: £40,000
OUR FEES FOR TENANTS AT THE START OF THE TENANCY:
Reference Check per tenant/guarantor/company/occupiers: £60 including VAT
Tenancy renewal/extension/change of tenant: £60 including VAT
Check out report - as per invoice from the contractor, based on the size and furnishings
NO OTHER ADMIN FEES!!!