Let only of a property to include introduction of a tenant(s), all referencing and preparation of a tenancy agreement - A fee equal to one month's agreed rent +VAT.
NO RENEWAL FEES SHOULD THE TENANT RENEW AT THE END OF THE TENANCY.
Full management of a property to include the introduction of a tenant -
15% (including VAT) of the rent collected charged quarterly in arrears for the duration of the tenancy.
Referencing of the tenant and/or preparation of tenancy agreement £240 Incl. VAT
Regulated Tenancies - Applying to the Rent officer for a re-registration of the rent and serving the required notices on the tenant - £120 Including VAT.
Arranging and overseeing major works to properties to include obtaining estimates and making stage payments when required - 12% of the total net value of the works Including VAT.
Where we are not overseeing works for a Landlord, Major Son & Phipps may receive a referral fee from a trade contractor of between 0 & 12% (Incl VAT) of the value of the invoice. As an average over the last year, we received £27.11 (incl VAT) per works undertaken.
