Tenant & Landlord’s Fee Structure
Tenant(s) Fee’s:
Tenant Reference & Documentation Checks Per Person Inc. Vat £144.00
1st Guarantor Free
Drawing Up Tenancy Agreement Free
Breaking Contract Out Of Term 10% (Per month Remaining)
Fee’s That Apply For Contracts Under Management
Check Out Fee Structure: Studio £25 + Vat – 1 Bed £30 + Vat – 2 Bed £50 + Vat – 3 Bed £60 + Vat – 4 Bed £80 + Vat – 5 Bed £90 + Vat – 6 Bed £100 + Vat
Non – Standard Charges
Additional Guarantor Reference £144.00
(If 2nd Guarantor is Needed Or The 1st Guarantor Fails This Is Chargeable)
Corporate Referencing Costs Incl. Vat £300.00
Change Of Contract e.g; Name Change, Date Change etc Incl. Vat. £180.00
Landlord(s) Fee’s / Service
Let Only Service 8.4% Inclusive Of Vat
(Take on, Viewings, Vetting Of Tenants, Drawing Up Tenancy Agreements & Collection Of Advance Rental & Security Deposit)
Rent Collection Service 10.2% Inclusive Of Vat
(As Let Only Service With Additional Collection Of Rent Every Month With Monthly Landlord Statements)
Fully Managed Service 12% Inclusive Of Vat
(Service Incl. All Of The Above Services Plus Dealing With Tenant & Landlord Issues, Maintenance Management, Quarterly Inspections, Registration Of Security Deposit (TDS), Check In, Check Out & Descriptive Only Inventory)
Peter Michael Estates Are Members Of The Property Ombudsman
Peter Michael Estates Are Members Of The NALS Client Money Protection Scheme