| LET ONLY (LO): | 8% of the gross rental for the term of the tenancy* |
| LET & RENT DEMAND (LR): | 10% of rent due* |
| LET, RENT DEMAND & MANAGEMENT (LRM): | 12% of rent due* |
| Short/Holiday Lets (ie. a new tenancy term of less than 6 months): | 20% of rent due* |
|
*Subject to a minimum fee of £540 over the term of the tenancy, whichever is the greater sum |
|
| FCC Collect and Pay - Warranty option - Representing a preauthorised rent guarantee providing uniterrupted rent flow and eviction protection: | 3.5% of rent due (Avaliable on the "LR" and "LRM" services as a bolt on) |
SET UP FEES
| Agree market rent & secure tenant. Advise on refurbishment. Provide guidance on compliance with statutory provisions & letting consents. Carry out accompanied viewings and register the deposit. | £270.00 |
Inventory and Condition report - subject to variation
| Property | 1-3 Beds | 4 Beds | Larger |
| Unfurnished | £120.00 | £150.00 | Quote required |
| Furnished | £165.00 | £225.00 | Quote required |
FEES ON RENEWAL OF TENANCY WITH THE SAME TENANT
| Tenancy renewal for Contractual Periodic or Fixed Term - Contract negotiation, amending & updating terms, arranging further tenancy & Agreement. | £90.00 |
| Rent review fee - Review rent in accordance with current prevailing market condition & advise the landlord. Negotiate with the tenant. Direct tenant to make payment change as appropriate. Update tenancy agreement. Serve section 13 Notice if tenancy is on a rolling period basis. | 20% of annual gain |
SCHEDULE OF OTHER FEES IF APPLICABLE
| Managed | Let Only | ||
| Final Inspection (Landlords share) | £60.00 | Quote required | |
| Deposit "Dispute" administration - Applied in the event of Arbitration | £180.00 | £300.00 | |
| Additional property visits (OUTSIDE OF ANY PERIODIC INSPECTIONS) To attend for specific requests such as neighbour disputes; security checks; additional visits to monitor the tenancy; or any maintenance or refurbishment linked visit. | £30.00 | N/A | |
| Arrangement fee for MAINTENANCE WORKS over £250 - Arranging access & assessing costs with contractor. Ensuring work has been carried out in accordance with the specification of works. Retaining any warranty or guarantee as a result of any works. | 10 % plus vat of net cost | ||
| Obtaining more than two contractor quotes | £40 per quote | ||
| Issuing of legal notices | No charge | £100.00 | |
| Submission of non-resident landlords receipts to HMRC - To remit and balance the financial return to HMRC quarterly - and respond to any specific query relating to the return from the landlord or HMRC | £50 quarterly | N/A | |
| Hourly rate where chargeable - see clause 29 | £102 per hour | ||
