Fees
All prices are in effect from 1st June 2019
Schedule of Rates: Tenants
All charges are inclusive of VAT at current rate of 20%.
Fees before moving in
- Holding deposit – one week of rent (to be used as a part of first month’s rent) – calculated on weekly rent basis
- First month’s rent (unless agreed otherwise) – dependent on the property
- Security deposit – five weeks of rent (where the total annual rent is less than £50,000) – to be registered with DPS; calculated on weekly rent basis
- Security deposit – six weeks of rent (where the total annual rent is £50,000 or above) – to be registered with DPS; calculated on weekly rent basis
Fees during/post-tenancy
- As per the Tenancy Agreement / the Tenant Fees Act 2019
Schedule of Rates: Landlords
VAT @ current rate 20% is applicable in all fees and services
Description of service or works |
Fee |
Management & basic bookkeeping service |
7½% |
Minimum monthly management fee |
£72 |
Letting Fee |
8% |
Letting renewal fee |
5% |
RBKC/H&F/WBC Licence Management fee (payable annually) |
8% |
Housing Association/Council placement fee (payable annually) |
5% |
Other agent’s letting fee |
as agreed with agent |
Drawing up Tenancy agreement fee |
£180 |
Call-out works |
as per schedule below |
Call-Out Charges
Area |
First hour |
Subsequent hours |
Daily rate |
SW13, SW14, SW15 |
£48 |
£36 |
£228 |
SW4, SW6, SW11, SW16, SW17, SW18, SW19, W6, W12, W4 |
£54 |
£36 |
£234 |
W10, W2, W11, SW1, TW3 |
£60 |
£36 |
£240 |
all NW, all SE, all E |
£66 |
£36 |
£246 |
Re-let works |
|
|
£300 |
Other Information
Cost for processing insurance claim – 10% of total claim |
|
Congestion Charge and Parking added to invoice |
|
Emergency Out of hours call-outs – time and a half |
|
Bank holiday call-outs – double time |
|
Day to day repairs will be administered on your behalf up to £500 for any one item |
|
Rental market / prospective rent evaluations on properties – free of charge |
|
Private units, HA and Council refurbishment management fees
Cost Of Refurbishment |
Fee |
£0 – £5,000 |
£300 |
£5,000 – £10,000 |
£600 |
£10,000 – £15,000 |
£1,200 |
£15,000 + |
10% of cost |
Fee charged to manage and oversee cost of total refurbishment |
|
Check-In fee / Check-Out fee
No. of Bedrooms |
Fee |
1 bedroom |
£72 |
2 bedroom |
£78 |
3 bedroom |
£96 |
4 bedroom |
£108 |
5 bedroom |
£120 |
Housing Association / Council handback fee is charged when property is received back from HA, keys received, compensation negotiated |
|
Inventory Make Fee
No. of bedrooms |
Furnished/Part Furnished |
1 bedroom |
£126 |
|
2 bedroom |
£150 |
3 bedroom |
£168 |
4 bedroom |
£198 |
5 bedroom |
£216 |