Landlord Fees

WATTS THE FEE STRUCTURE FOR LANDLORDS? 

Premium package:-

The initial set up fee is £270 including VAT for an unfurnished property. (£225 plus £45 V.A.T)

OR

£300 including VAT for a furnished property. (£250 PLUS £50 V.A.T) 

We then charge 12% plus VAT of the gross rent collected per month as a management fee.  Plus standard referencing and rent guarantee.  (e.g. £450 per calendar month the commission would be £54 plus £10.80 (VAT) = £64.80 per month management fee.

 

Standard package:-

The fee is £450 including VAT, plus standard referencing.  (£375 plus £75 V.A.T.)

 

Basic package:-

The fee is £180 including VAT, plus standard referencing if required. (£150 plus £30 V.A.T.)

 

Rent guarantee and standard referencing

Rent guarantee and Premium package.

The fee is £100 including i.p.t. for the lead tenant, renewable every six month.  Plus a one off standard referencing cost of £60 including i.p.t. and VAT for each additional tenant*

 

Standard referencing for Standard and Basic package services

 The fee is £60 including i.p.t. and VAT per tenant*

 

*All prospective tenants over the age of 18 must be referenced