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It has now become Law in the UK that all Letting Agents must display their fees on their website and in all offices.
Our Landlord Fees, as at the 27th of May 2015 are:
Our levels of Service
Commission fees are calculated on the rent due under the agreed tenancy at the rates detailed below and on every tenancy renewal.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][/vc_column][vc_column width=”1/6″][vc_empty_space][vc_custom_heading text=”Fully Managed 18% (inc VAT)
15% (exc VAT)” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_empty_space][vc_custom_heading text=”Rent Collect 14.4% (inc VAT)
12% (exc VAT)” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_empty_space][vc_custom_heading text=”Let Only
12% (inc VAT)
10% (exc VAT)” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Advertise the property; introduce applicants; conduct viewings; negotiate the rent and tenancy details.” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_custom_heading text=”Arrange Tenant Referencing” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Prepare Tenancy Agreement (additional fee applies)” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#ffffff”][vc_column width=”1/2″][vc_custom_heading text=”Arrange for an Inventory make & check-in” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Provide advice on landlords statutory obligations” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#ffffff”][vc_column width=”1/2″][vc_custom_heading text=”Ensure the landlord is compliant with statutory obligations” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Advise utility providers of change in occupier” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_custom_heading text=”Collect, hold & register security deposit under the TDS” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Collect & remit the first months’ rent” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_custom_heading text=”Collect & remit further rents due under the tenancy” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Pursue any non-payment of rent” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#ffffff”][vc_column width=”1/2″][vc_custom_heading text=”Hold keys for the property” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Property Inspections” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#ffffff”][vc_column width=”1/2″][vc_custom_heading text=”Arranging routine repairs and maintenance” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Monthly accounting with statements providing details of rents received and property related invoices paid” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#ffffff”][vc_column width=”1/2″][vc_custom_heading text=”Negotiating and preparing a renewal of tenancy, OR” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Arrange end of tenancy check-out AND” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#ffffff”][vc_column width=”1/2″][vc_custom_heading text=”Negotiate any deposit dilapidations and return accordingly” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-check”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][vc_column width=”1/6″][vc_icon icon_fontawesome=”fa fa-times”][/vc_column][/vc_row][vc_row bg_type=”bg_color” bg_color_value=”#f7f7f7″][vc_column width=”1/2″][vc_custom_heading text=”Example: Rent £500 per week for a twelve month tenancy” font_container=”tag:h2|font_size:20|text_align:left|line_height:1.1″ use_theme_fonts=”yes”][/vc_column][vc_column width=”1/6″][vc_column_text]£4,680[/vc_column_text][/vc_column][vc_column width=”1/6″][vc_column_text]£3,744[/vc_column_text][/vc_column][vc_column width=”1/6″][vc_column_text]
£3,120
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Additional non-optional fees and charges
- Tenancy Agreement Fee £90 (inc VAT)
Drawing up the Tenancy Agreement, issuing paperwork and ensuring documents are signed
- Tenancy Renewal Agreement Fee £55 (inc VAT)
Amending any terms of and drawing up the Renewal Agreement, issuing paperwork and ensuring documents are signed
- Inventory Make and Check-in Fee These costs are charged by the Inventory Company and are dependent on the size of the property. They start from approximately £100. Andrew Reeves do not make any additional charges.
- Supervision Fee (if Fully Managed) 18% (inc VAT)
For maintenance works over £500 we reserve the right to make the above charge based on the total cost of the works to cover arranging access, drawing up specifications, obtaining quotes and supervising work through to completion.
- Furnishing Fee 18% (inc VAT)
For purchases over £500 we reserve the right to make the above charge based on the total cost of the purchases to cover establishing items required, sourcing suitable items and obtaining quotes, arranging access for and supervising installation.
- Administration of Insurance Claims 12% (inc VAT)
For preparing all information and paperwork with regards to any insurance claim made as result of any damages at the property and liaising with contractors in order for the works to be completed the above fee on the amount of the claim will be charged.
- Arranging Gas Safety Check (if not Fully Managed) £60 (inc VAT) plus the cost of the check, currently £120 (inc VAT)
- Bank transfer fee to International accounts £18
- Empty Care £60 (inc VAT) per week
For visiting the property once a week and maintaining utility accounts as instructed
- Court Attendance £120 (inc VAT) per hour
Client Money Protection (CMP) is provided by ARLA – Association of Residential Letting Agents.
Independent Redress Provided by The Property Ombudsman.[/vc_column_text][/vc_column][/vc_row]
