Landlord Fees
| Let Only | Rent Collection | Fully Managed | ||||
|---|---|---|---|---|---|---|
| Service | Sole Agency (8% + VAT) (9.6% inc. VAT) | Multi Agency (10% + VAT) (12% inc. VAT) | Sole Agency (10.5% + VAT) (12.6% inc. VAT) | Multi Agency (12.5% + VAT) (15% inc. VAT) | Sole Agency (13% + VAT) (15.6% inc. VAT) | Multi Agency (15% + VAT) (18% inc. VAT) |
| Free rental valuation | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Marketing advice, internet advertising and to let board | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Accompanied viewings | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Preparation of tenancy agreement | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| Preparation of Deposit Prescribed Information – where Squires registers the deposit | ✔ | ✔ | ✔ | ✔ | ||
| Collection of deposit and first month’s rent in advance | ✔ | ✔ | ✔ | ✔ | ||
| Notification letters provided to utility companies | ✔ | ✔ | ✔ | ✔ | ||
| Rent collection | ✔ | ✔ | ✔ | ✔ | ||
| Placement of deposit into Deposit Protection Service | ✔ | ✔ | ✔ | ✔ | ||
| Co-ordination of any necessary repairs or maintenance works which may arise during the tenancy | ✔ | ✔ | ||||
| Arrangement of compliance certificates i.e. Gas Safety Certificate/ EICR | ✔ | ✔ | ||||
| Periodic inspections | ✔ | ✔ | ||||
| Inform landlord of any new legislation | ✔ | ✔ | ||||
| Preparation of schedule of charges for deposit return | ✔ | ✔ | ||||
| Addendums to the Tenancy Agreement | ✔ | ✔ | ||||
| Issuing of Section 21 Notice | ✔ | ✔ | ||||
Should the tenants remain in-situ after the first 12 months, a further commission of 6.5% plus VAT (7.8% inc. VAT) per annum will be due whether the tenancy be renewed on a fixed term or periodic basis.
After 24 months and for any renewals thereafter, whether the tenancy be renewed on a fixed term or periodic basis, the fee will be reduced to 5% plus VAT (6% inc. VAT) per annum. This will apply to all renewals whether negotiated by Squires Estates or not.
