LANDLORD FEES AND HOW THEY ARE CALCULATED

TENANT FIND / INTRODUCTORY SERVICE

Introductory fees are equal to ONE MONTH’S RENT + VAT based on a 12-month term. Renewal fees are equal to ONE WEEK’S rent + VAT

RENT COLLECTION SERVICE

Rent Collection fees are charged at 9.6% of the monthly rent payable for the duration of the lease and any renewal. Renewal fees are equal to ONE WEEK’S rent + VAT.

Set Up Charge of ONE WEEK’S rent + VAT will apply for a new tenancy

FULLY MANAGED SERVICE

Fully Managed fees are charged at 13.2% of the monthly rent payable for the duration of the lease and any renewal.Set Up Charge of ONE WEEK’S rent + VAT will apply for a new tenancy

Additional charges/disbursements to independent contractors

The Landlord may need to pay for any of the following in setting up a new tenancy (this list is not exhaustive and prices may vary depending on the size and type of the property:

  • Schedule of condition (£70-£120)
  • Energy Performance Certificate Photos and Floor Plans (£144)
  • Gas Safety Certificate (£54 – 65)
  • Electrical Safety Certificate (£150-£200)
  • Professional Cleaning (£75 - £150)

NOTE: Phillips and Stubbs do not levy any additional charges for arranging any of the above works to independent contractors.

VAT – Unless otherwise stated prices include Value Added Tax at 20%

 

We are members of theClient Money Protection scheme