Scale of Charges 

1) Full Management Service Initial setup fee of 50% inc vat, with a minimum fee of £400.00 inc vat, plus 12.00% (inc vat) of the rent received, deducted by the Agent.
    Eg £1000 pcm rent set up fee equals £500 Monthly commission £120
 

2) Let Only Service 70% (inc vat), with a minimum fee of £600.00 inc vat, payable for each letting where the tenant is introduced through the Agent
    Eg. £1000 pcm rent fee equals £700

The fees under the above service are payable when any individual or organisation enters into an agreement to rent the Property as a result of an introduction or viewing by the Agent.

Additional Charges

• Full Inventory Report                        £96 to £252 (inc vat) subject to size of property/furnished/unfurnished
• Rent Guarantee                                From £199.00 inc IPT
• Check Out Included on managed     Let Only Properties cost TBA
• Extra property visits                          £60 (inc vat)
• Deposit Protection                            £120 (inc vat) Let Only – Taking Deposit monies, arranging prescribed information to cover Housing Act 2007 and other obligations, protecting deposit, and assigning to landlords DPS account. (FREE on fully managed)

Handling Deposit disputes:

• Unmanaged/Let Only Properties                           £240 (inc vat)
• Fixed term tenancy renewal                                  £150 (inc vat)
• Court Attendances                                                 £240 (inc vat)
• Service of Notices section 3, 8,13, 21,48              £60 (inc vat)
• Accounting to HMRC for non- resident landlords  £120 pa (inc vat)

Minimum Fee

Where the Landlord cancels the Agent’s instruction to provide a Management Service, the Agent will charge the Landlord a fee based upon 3 months commission.

VAT is payable at the prevailing rate on all our fees. In accordance with Consumer Legislation it is quoted as included in the prices stated above.
We may also receive commissions from Utility providers

L J Boyce is a Member of the Property Ombudsman Scheme (www.tpos.co.uk) and subscribes to their Code of Practice

L J Boyce is a Member of the Propertymark Client Money Protection Scheme ref, C0007091