Finding Tenants: 'Let Only' service - 7% + VAT

Residential Lettings

7%+VAT = 8.4% inc. VAT. If the rent is £1,500.00 per month, our Fee is £1,260.00 +VAT (£1,512 inc. VAT) for the first year. 

What you can expect from our Lettings Service:

• Our Fee includes the cost of Professional Photography, Tenancy Administration & Tenants Contract, Comprehensive Referencing & Deposit Registration.
• Advertise the property on all major portals, with a detailed description and professional photography.
• Host viewings & source suitable tenants. We are flexible on viewing times to suit tenants' needs. We vet each tenant before and after viewing, to find you the perfect tenant.
• Agree on an offer that you are happy with, agreeing on a rent price, tenancy length, and terms of tenancy. 
• Complete a comprehensive reference for each tenant (using a 3rd party referencing company), which includes employment references, landlord references, and credit checks.
• Draft and sign a tenancy agreement you are happy with. 
• Collect the first month’s rent and tenants’ deposit. 
• Provide tenants with relevant move-in documents and payment information for future rental payments.
• Deduct any pre-tenancy invoices, such as certificates or extra services (e.g. repairs, cleaning, inventory report).
• Provide tenants with utility information including council tax to ensure all bills are paid on time.
• Upon check-out, we request proof of payment for all utilities.

Book a Valuation Appointment

Property Management – 5% + VAT

Property Management Service

5%+VAT = 6% inc. VAT. If the rent is £1,500.00 per month, our fee is £75+VAT (£90.00 inc. VAT) per month.

• Inspection every 6 months (included in fee).
• Collect and remit rent received every month (everything included in the rent collection service).
• Tenants’ deposits will be held by the TDS Custodial service.
• Pursue non-payment of rent, provide advice on rent arrears actions, and agree with tenants' collection of any shortfall of rent and payment method.
• Deduct and hold tax if required.
• Arrange routine repairs and instruct approved contractors. If you have your own service agreements or preferred contractors, we will use them.
• Arrange for quotations for large works, and equipment replacement and discuss with you the various options.   Supervision of works incurs a percentage fee accordingly.
• Hold keys throughout the tenancy term.
• Upon check-out, we request proof of payment for all utilities, ensuring there are no outstanding bills.   Deposit return to be negotiated.
• Income and Expenditure report.

Renewal fees for the above services

If the tenancy continues for a greater period than the original term, a renewal fee for the period of the renewal will apply, being 1% less of the Lettings Fee per annum. Please refer to our Terms and Conditions.

Additional fees for other services may include

Energy Performance Certificate 

Gas Safety Certificate

Gas Safety Certificate & Boiler Service

Electrical Installation Conditions Report

Submission of non-resident landlord receipts to HMRC £300 per annum

Inspections (if the property is not managed)

Inventory check-in/check-out fees are subjective to the size of the property, ranging between £100-£200.