FEES FOR THE SALE OF RESIDENTIAL AND COMMERCIAL PROPERTIES

Sole agency at 1.5% Fee

Multiple agency 3%

RENTAL AND MANAGEMENY LANDLORD FEES

Lettings only / Tenant Finder Fee charged at 8% of the rent per annum.

Renewal Fees are charged at 4% of the annual rent per annum on every renewal. 

Property Management fees are charged at 8 to 12% subject to property and location.

TENANT FEES

Security or Damage Deposit

Security or Damage Deposit for an Assured Shorthold Tenancy is equivalent to five weeks' rent and is to be held/registered with the Tenancy Deposit Scheme (TDS). 

A Damage Deposit (capped at no more than 5 weeks' rent where the total annual rent is less than £50,000, or 6 weeks' rent where the total annual rent is £50,000 or above) covers damages or defaults on the part of the tenant during the tenancy and is held in accordance with the TDS.

Holding Deposit

A Holding Deposit (capped at no more than 1 week's rent) is required to reserve a property, which will be credited towards the first rental payment where authorised. Please note, this will be withheld if any relevant person (including any guarantor(s)) withdraws from the Tenancy, fails a 'right to rent' check, provides materially significant false or misleading information, or fails to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Other fees

Contract variation, novation, amendment or change of occupant at the tenant’s request within an existing tenancy = £50

Default fee of interest on late rent if rent is more than 14 days overdue = 3% above Bank of England base rate

Default fee for lost keys or other respective security devices = Actual cost of replacement

Fees for non-Assured Shorthold Tenancies / non-Licences = Tenant fee: £250 per person

This is fixed-cost fee that can cover a variety of works depending on the individual circumstances of each tenancy, including but not limited to conducting viewings, negotiating the tenancy, verifying references, undertaking Right to Rent checks (if applicable) and drawing up contracts. It is charged on a per individual basis – not per tenancy. The charge will not exceed £250 per individual and will only be applied to the first four individuals entering into the tenancy where there are more than four individuals taking occupation of the property. The charge will not exceed this sum unless you request or cause one of the specific additional services or fees set out elsewhere in this document.

ADDITIONAL (OPTIONAL) SERVICE FEES

Gas Safety Certificate £95.00

EICR (electrical safety) £160.00

Energy Performance Certificate £120.00

Change of occupancy within an existing tenancy £300

Letter sent by Quick Property Group regarding late or non-payment of rent £60 for each letter sent

Inventory Checks for before and after £165.00

Section 21 and Section 8 Notices £80.00 each

HMRC Return for Non-resident Landlords £800 per annum per property

Income and Expenditure Report £120

Court appearance £420

Works over £1000 consist of Major Works Co-ordination/project management fee of 12%