There are many things to consider before you decide to let your property, whether you require to let your home for a short period of time or are looking for a longer term rental investment. Ensuring that the right tenant is identified and assessed before any tenancy start date means choosing the right letting agent.
Our landlords are very important to us and we can offer a wealth of experience and expertise to guide you through the sometimes complicated legislation involved. Our tenancy agreements and documentation are tailored to your specific property requirements and include all the necessary clauses.
Fee’s to Landlords inclusive of VAT
Set up Fee: £150 including VAT
Includes: Registration, property details, comprehensive marketing
Referencing and Tenancy agreement: £150 including VAT (£125 excluding VAT)
Referencing tenant/s (employment personal and landlord reference), credit checks, and drawing up, signing and exchanging of Tenancy Agreement plus provision of prescribed documentation, initial and final property schedule of conditions
Full Management Service: 10.8% of monthly rental including VAT (9% excluding VAT)
Includes: appraise property, full comprehensive marketing, accompanied viewings, set up tenancy documentation, initial and final property schedules of condition, register tenants deposits, collect and remit the monthly rental received, pursue non payment of rent, deduct commission and other works, change utilities, regular property visits and reports, arrange repairs and instruct approved contractors.
Tenant Find Service: 100% of first month’s rent including VAT
Includes: appraise the property, Set up fee, carry out accompanied viewings, set up tenancy documentation (£60 fee for Assured Shorthold Tenancy agreement), tenant credit checks, initial property schedule report (final property schedule report £120), change utilities.
Agreement Only Fee: £300
Drawing up of the Tenancy Agreement only, tenant credit checks, plus registration of deposit and provision of prescribed documentation.
Assured Shorthold Tenancy Agreement: £60
Rent Review: £60
Section 8/ Section 6A: £100 including hand delivery
Inventory fully furnished property: £300
Property schedule (where not included): £120
Property visits (where not included): £50
Change During Tenancy at Landlord’s Request: £60
Contract negotiation, amending terms and updating the Tenancy Agreement.
Key cutting: £10/per key
Introduction of a Purchaser: 1% of the purchase price
Payable if the Tenant subsequently purchases the property, whether before, during or after entering a Tenancy, commission will be payable to Stags on the successful completion of the sale.
If you have any queries relating to our fee’s please ask a member of the lettings department