Lettings
Let Only Service
If you would like us to find suitable tenants for you and you would like to manage the property yourself our service will include the following:
- Booking and accompanying all viewings.
- Submitting offers to yourself and discussing the merits of each offer.
- Carrying out referencing and credit checks through an independent agency.
- The preparation of the tenancy agreement including the issuing of legal notices.
- Registering the tenants’ deposits in a government approved custodial scheme.
- The issuing of all paperwork relating to the tenancy deposit, terms and conditions of the scheme and guide thereof.
- Right to rent identification checks.
- The issuing of a ‘how to rent’ guide.
- Overseeing the contract signing and the issuing of all legally required forms and certificates, to include gas safe certificate, electrical safety certificate and the energy performance certificate.
Let Only Fees
8.4% gross fee - (7% plus vat)
Repeat Tenancies
Let Only in the 2nd and 3rd year – 3.6% gross (3% plus vat)
Let Only in the 4th year onwards – 2.4% gross (2.0% plus vat)
Full Management Service
We provide all of the above offering a superb level of service with a dedicated management team available 24 hours a day throughout the year to look after your property.
Leave it all to us to deal with the day to day running of the tenancy where we will make sure every aspect of your property is legally compliant, keeping abreast of changes to legislation, issuing of gas, electrical and energy performance certification as well as provide you with property inspection reports so that you can have total peace of mind.
Letting with Full Management Fees
Lettings with Full Management Year 1: 14.4% gross (12% + vat)
Inherited Management Year 1: 14.4% gross (12% + vat)
Letting with Full Management Year 2 onwards: 12.0% gross (10% + vat)
Inherited Management Year 2 onwards: 12.0% gross (10% + vat)
Additional Charges
Contract Renewal Fee
£90 gross (£75 plus vat)
Deposit Registration
£60.00 gross (£50 plus vat)
Periodic Property Inspections
£48.00 gross (£40 plus vat)
Deposit Claim Handling Service
12% gross of successful claim (10% plus vat) subject to a minimum charge of £60 gross (£50 plus vat) regardless of a successful claim.
Arranging for the Issue of Any Requested or Legally Required Certification
£48.00 gross (£40.00 plus vat) per certificate
The Preparation of an Annual Statement
£60 gross (£50.00 plus vat)
Post Forwarding
£12 gross (£10.00 plus vat) plus postage
Referencing
£30.00 gross (£25.00 plus vat) per person
Inventory Services
Tenant Fees
Deposit
Deposit for a long let tenancy - Equivalent to five weeks rent
Other Fees
Contract variation, novation, amendment or change of occupant at the tenants request within an existing tenancy - £50
Default fee of interest on late rent if rent is more than 14 days overdue - 3% above Bank of England base rate
Default fee for lost keys or other respective security devices - Actual cost of replacement
Client Money Protection
We are members of the following Client Money Protection Scheme:
Money Shield
6 Tournament Court
Edgehill Drive
Warwick
Warwickshire
CV34 417763
Tel: 01926 417763
Email: help@money-shield.co.uk
Scheme Reference: 58309499
