All our fees are shown inclusive of VAT where applicable.
Cambridge Office 01223 402640
Cambridge Landlord Fees
Guaranteed Rent
If you are renting your property to us on the Guaranteed Rent Service, we will not charge you any fees at all.
Charges will apply for our other services, please see the table below for details of these.
Set Up Fee for Fully Managed and Rent Collection
When you first instruct us on either of these schemes you will have to pay a Set Up Fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc. The Set Up Fee is payable each time you instruct us to find a new tenant for your property.
A fee for protecting the tenant’s deposit may be charged separately to cover our costs.
Commission for Fully Managed and Rent Collection
We charge a monthly commission for the ongoing management of your property, which will depend on the level of service you require.
Renewal Fee for Fully Managed and Rent Collection
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Tenant Find Charges
If you simply want us to find a tenant for your property, we will charge you a one off fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc.
Renewal Fee for Tenant Find
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Our Fees
| Introduction Only Service | £350.00 (inclusive of VAT). This fee is payable at the start of the tenancy and payable for each letting where the tenant is introduced through the Agent. |
| Let Only Service | 75% (inclusive of VAT) of the first months’ rent subject to a minimum fee of £750.00 (inclusive of VAT). This fee is payable at the start of the tenancy and payable for each letting where the tenant is introduced through the Agent deducted by the Agent from the rent received.*If the monthly rental is £1000.00 you will pay a fee of £750.00 (inclusive of VAT). |
| Letting and Rent Collection Service | 9.6% (inclusive of VAT) deducted by the Agent from the rent received.*If the monthly rental is £1000.00 you will pay a fee of £96.00 (inclusive of VAT) on each rental payment received. The set-up fee upon a new tenant moving in is £540.00 (inclusive of VAT). This is a one-off charge every time the Property is remarketed. |
| Full Management Service | 16.8% (inclusive of VAT) deducted by the Agent from the rent received.*If the monthly rental is £1000 you will pay a fee of £168.00 (inclusive of VAT) on each rental payment received. The set-up fee upon a new tenant moving in is £540.00 (inclusive of VAT). This is a one-off charge every time the Property is remarketed |
| Tenant referencing | Included |
| Guarantor referencing | Included |
| Tenancy agreement Fee | Included |
| Inventory service | Included |
| Duplicate statements | £12.00 (inclusive of VAT) per document |
| Professional hourly rate | £65.00 (inclusive of VAT) Charged by the Agent when required to carry out any additional services |
| Check in | Included |
| Check out | £120.00 (inclusive of VAT) Included with Full Management serviceCharged for Rent Collection, Not available for Let Only or Introduction Only Services |
| Void property inspections | £50.00 (inclusive of VAT) (per visit) per inspection |
| Tenancy renewal fee | £180.00 (inclusive of VAT) per renewal |
| Major works fee | 10% (inclusive of VAT) subject to a minimum works value of £3000.00*If the works costs £3000.00 you will pay a fee of £300.00 inclusive of VAT*Only required where the fee is to be a percentage of the rent |
Any percentage fees shown are calculated based on the monthly rent
Charges to Tenants of none assured shorthold tenancies, student accommodation or licences
| Credit/Referencing | £150.00 (inclusive of VAT) per tenant |
| Guarantor referencing | £150.00 (inclusive of VAT) per guarantor |
| Tenancy agreement drafting | £250.00 (inclusive of VAT) per tenant |
| Tenancy Renewal | £60.00 (inclusive of VAT) per property |
| New landlord reference | £20.00 (inclusive of VAT) per property |
Client Money Protection Certificate
Client Money Protection Certificate
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