Lettings Services and Fees
Paid in full at the commencement of the tenancy and subject to a minimum fee of £500.
Letting & Property Management
Sole Agency 10% no VAT of the agreed rent; The letting and rent collect fee (Sole Agency 9%) no VAT this fee is due in full at the commencement of the tenancy for the entire initial term and the Property management agreed % fee of the letting and rent collect and property management fees collected monthly from the rent.
Property Management Only
(includes rent collection)
10% no VAT of the agreed rent for the entire term and any renewal / extension due as the rent is collected.
£90 payable upon instruction. Subject to a minimum charge of £180 This is a split fee paid equally by the Landlord and Tenant.
Agreement and Arrangement fees
New Tenancy Agreement Fee £200 payable by the landlord This is a split fee, paid equally by the landlord and tenant.
Tenancy Renewal Agreement Fee £180 payable by the Landlord This is a split fee, paid equally by the landlord and tenant.
Deposit Registration fee £30
Gas Safety Check arrangement fee 10% plus the cost of the gas safety check.
Portable Appliance Test (PAT) arrangement fee 10% plus the cost of the PAT test
Fixed Electrical Wiring Test arrangement fee 10% plus the cost of the test.
EPC arrangement fee 10% plus the cost of the EPC
Legionnaires Risk Assessment arrangement fee 10% plus the cost of the risk assessment.
Paperwork to be prepared and submitted to the DPS £200
Deposit Transfer admin fee £50
Additional copy statements £25 for a minimum of 6 statements & £5 per additional statement
Transfer of funds to HMRC on behalf of Non-resident Landlords £120 per quarter
CHAPS payments to overseas accounts £15
Miscellaneous Duties £95 per hour
Increased Administration fee for amendments to the Tenancy Agreement £90
Serving of Notices £60
Courts and Tribunals appearance £180 per hour.
Applicable to the Fully Managed Service
Vacant Management £50 per month no VAT at this time.
Works under £200 Will be instructed without consultation with the Landlord unless otherwise instructed in writing.
Works over £200 Subject to 10% no VAT administration fee of total cost
Additional Property Visits (1 per year included in the service) £50
Working balance for a Managed Tenancy If the Tenancy is fully managed, a working balance will be required at the start of the tenancy, usually £200.
Unless otherwise stated, all fees are not subject to VAT
For clarification on any charges referred to herein, please contact us.
New Tenancy Agreement Fee
£200 payable by the tenant. This is a split fee, paid equally by landlord and tenant. This is payable after your offer has been accepted and we have proceeded to draw up a tenancy agreement.
Tenancy Renewal Agreement Fee
£180 payable by the tenant. This is a split fee, paid equally by landlord and tenant. This is payable upon renewal of the tenancy, should you and the landlord mutually agree to renew the tenancy for a further term.
Reference fee for each Tenant or Guarantor
£75 no VAT payable by each tenant or guarantor, when you have agreed to undergo the referencing process. References are carried out in Branch.
£50 no vat, payable by each tenant or guarantor, when out have agreed to undergo the referencing process.
In most lets, the tenant will be responsible for paying the inventory check out costs upon ending a tenancy. The cost is approximately £125 no VAT.
Tenants will usually be responsible for paying for a professional clean at the end of the tenancy. Costs can vary depending on the size of the property.
Rent is usually payable in advance for each tenancy. You will therefore need to pay the first month’s rent prior to the commencement of your tenancy.
This is usually the equivalent of 6 weeks' rent, payable prior to the commencement of your tenancy.
We are not VAT Registered Should you have any queries regarding the charges associated with renting a property, please contact one of our lettings consultants who will be happy to explain these in further detail
CKear Properties Ltd is a member of the Property Ombudsman (TPO) scheme and subscribes to the TPO Code of Practice for Residential Lettings Agents.
Copyright © Carol Cotterell. All rights reserved.