Current fee structure for landlords

Letting and rent collection fees.

Letting and including subsequent rentals – 8% Plus vat (9.6%)

Commission for letting is due six months in advance at the commencement of the Tenancy or any subsequent extension.

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Letting, Rent Collection and Part Management Fees.

Letting and Part Management and including subsequent rentals – 10% Plus vat (12%)

A part Management fee (2%) is deducted monthly on receipt of rent

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Letting, Rent Collection and Management Fees.

Letting and Full Management and including subsequent rentals – 12% Plus vat (14.4%)

Management fee (4%) is deducted monthly on receipt of rent.

These fees shall apply throughout the term of any tenancy agreed hereunder or any extension, renewal/replacement or holding over thereof.

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Additional Fees

Initial Set Up Fee – £250 plus vat (£300) What’s included: The referencing of suitable applicants,  setting up the initial tenancy agreement and registering the tenants deposit

Renewal Tenancy Agreement  – £75.00 plus vat (£90)

Check-Out report by Property Rentals – £65.00 plus vat (£78)

• Property Rentals is a member of a redress scheme provided by The Property Ombudsman
• Property Rentals is part of the National Federation of Property Professionals Client Money Protection Scheme

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Out Sourced Fees

Check-In report by an independent Inventory clerk:

Flats

1 & 2 Bedrooms – from £75 Inc VAT

3 Bedrooms – from £80 Inc VAT

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Houses

1 & 2 Bedrooms – from £85 Inc VAT

3 Bedrooms – from £95 Inc VAT

4 Bedrooms – from £105 Inc VAT

Additional Rooms – £10 Per Room Inc VAT

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