WATTS THE FEE STRUCTURE FOR LANDLORDS?
The initial set up fee is £270 including VAT for an unfurnished property.
£300 including VAT for a furnished property.
We then charge 10% plus VAT of the gross rent collected per month as a management fee plus standard referencing and rent guarantee.
If rental income is £450 PCM our fee would be £45 plus VAT (£9) = £54 per month.
The fee is £450 including VAT, plus standard referencing.
The fee is £180 including VAT, plus standard referencing if required.
RENT GUARANTEE & STANDARD REFERENCING
Rent guarantee for Premium Package is £85 including i.p.t. and VAT for the lead tenant, renewable every six months. Plus, a one off standard referecing cost of £40 including i.p.t. and VAT for each additional tenant.
STANDARD REFERENCING FOR STANDARD & BASIC PACKAGE SERVICES
The fee is £40 including i.p.t. and VAT per tenant *.
* All prospective tenants over the age of 18 must be referenced.
All negotiations with Robert Watts Property Management are subject to contract.