Our Fully Managed service is charged at £250 plus VAT (£300 inc. VAT). Included within this charge is the preparation of the particulars, advertising on our website, Rightmove and Zoopla, accompanying all viewings, tenant referencing and registration of the deposit. We then charge a management fee equal to 12% of the monthly rent plus VAT (14.4% inc. VAT). This charge enables us to collect the rent on your behalf, inspect the property regularly and deal with all maintenance issues.
Alternatively, for landlords who are prepared to be ‘hands on’ our Let Only service is charged at a one off fee which is equivalent to 75% of one month’s rent (90% inc. VAT). A minimum fee of £500 applies (£600 inc. VAT). We will still prepare the particulars, advertise on the above websites and accompany the viewings until the property is let. We will deal with the tenancy agreement, take the first month’s rent and forward it to you minus our charges. We will also forward you the tenants’ deposit which you must assign to the reputable scheme. We recommend the DPS (Deposit Protection Scheme).
Please note that an inventory, tenant check-in and check-out services are not included in either our fully managed or let only service (Prices available on request).
Finally, we would recommend that all our landlords take a rent guarantee and legal expenses policy. We offer an extremely robust one at a cost of £30.00 per month including Vat.