TENANTS
Holding deposit - equivalent to one week’s rent, which may not be refundable, but will go towards first month's rent at the point of moving in.
Example to calculate weekly rent:
£500pcm x 12 months = £6,000, divided by 52 weeks = £115.38.
Balance of monies required 48 hours before occupancy.
First month's rent required in advance.
5 weeks’ rent for Security Deposit payable in advance.
Replacement keys - £10 per key
Locking devices/fobs - Charged per quote
LANDLORDS
LET ONLY:
One-off fee of first month's rent (minimum fee of £400)
LET AND RENT COLLECTION:
60% of the first month's rent (minimum fee of £400)
8% of the rental income per month
FULL MANAGEMENT:
60% of the first month's rent (minimum fee of £400)
10% of the rental income per month
Additional services:
Inventory and schedule of condition report: £100 - £300
Tenancy Deposit Protection Registration: £40.00
Checkout fee (for Let Only Landlords) £180.00