We value your privacy.
We use cookies to enhance your browsing experience and analyse our traffic. By clicking "Accept All" you consent to our use of cookies. Strictly necessary cookies are already enabled but can be deleted by selecting "Reject All."
Cookie Policy.

We have deleted all functional and performance cookies from your visit to our website so far.
We haven't deleted strictly necessary cookies, as these are essential for us to provide a website service.
However, you are able to control your cookie settings on your device in the settings section of your website browser as well.
We use cookies to ensure that we give you the best user experience on our website and to deliver some key functionality.
If you do not accept cookies and continue to use this website, some key features and functionality of the website will not work.
To view our cookie policy click here.To view our privacy policy click here.

Do you accept the use of cookies on this website?

Yes No

We have deleted all functional and performance cookies and will continue to block them if you use this website.
If you continue to this website without the use of these cookies, some key features and functionality of the website will not work.
Please also be advised that if you continue to use this website then it is essential that we continue to use strictly necessary cookies
To view our cookie policy click here. To view our privacy policy click here.
You can now either continue to use the website or close your browser

Continue
Allow All Accept only necessary Reject All

Fees

Tenant Fees (in accordance with the Tenant Fees Act 2019)


  • No Application Fees
  • Holding Deposit (per tenancy). One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
  • Security Deposit (per tenancy. Rent under £50,000 per year). Deposit equal to five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.
  • Unpaid Rent. Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
  • Lost Key(s) or other entry or security device. Tenants are liable to the actual cost of replacing any lost key(s) or other security
  • Security Device(s) device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
  • Variation of Contract £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s (Tenant’s Request) instructions as well as the preparation and execution of new legal documents.
  • Change of Sharer £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. (Tenant’s Request). To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
  • Early Termination. Should the tenant wish to leave their contract early, they shall be liable to the (Tenant’s Request) landlord’s costs in re-letting the property as well as all rent due under the tenancyuntil the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Landlord Fees

Fees shown in brackets include VAT

'Basic' service (Let Only/Tenant Find)
Letting Fee: £695 (£834) (no let no fee) or 50% of one month's rent, whichever is the greater amount. 

'Hands Off' service (Fully Managed) 
  • Letting Fee (single lets): £350 (£420) (no let no fee)
  • Management Fee: 12.0% (14.4%) 

'Hands Off HMO' service (Fully Managed, property let room-by-room) 
  • Letting Fee (single lets): £300 (£360) (no let no fee)
  • Management Fee: 13.0% (15.6%)

Additional charges 


The following is a breakdown of additional fees which are not included as standard in the Management Fee, and what the charge is in respect of. Figures in brackets are the VAT inclusive prices.

  • Inventory Fee. Room £60 (£72), En suite room £70 (£84), 1 bed £75 (£90) + £15 (£18) per additional bedroom.
  • Renewal Fee £95 (£114). Administrating and negotiating a new fixed term tenancy for existing tenants at the end of their previous fixed term tenancy agreement. No renewal fee is charged in the case of periodic (monthly rolling) renewals.
  • Check Out Fee: Room £60 (£71), single lets £125 (£150). To carry out a detailed inspection of the property following the final date of the tenancy. To arrange any works required to prepare the property for re-let and to negotiate deposit deductions with the vacating tenant.
  • Inspections with detailed photographic report: £60 (£72), HMO £120 (£144). Arranging, carrying out routine inspections at the property to ensure that the property is being looked after properly by the tenant and includes a check on housekeeping, maintenance, and general condition of the interior and exterior of the property. Regular inspections are highly beneficial to renewals and to greatly mitigate possible refurbishment costs.
  • Court Appearance: £300 (£360). In the event of a court hearing (usually in connection with serious rent arrears via Section 8) to attend court, dial with the Solicitor and Magistrate and to present evidence of the case.
  • Serving of Legal Notices
    Section 8 £60 (£72)
    Section 21 £40 (£48)
Hourly rate of staff for items not included in Management Fee £60 (£72) per hour (to nearest quarter of an hour)

Seller Fees


Selling Fee: 1.25% (1.5%) of sold price. Payable upon completion of sale.
Minimum Selling Fee (freehold): £1850 (£2220)
Minimum Selling Fee (leasehold): £2200 (£2640)
 

Investor Fees


Buyer Fee (buy-to-let) £4000 (£4800) upon completion of sale
Buyer Fee (HMO) £6000 (£7200) upon completion of sale