Wokingham Landlord Fees
All our fees are shown inclusive of VAT where applicable.
Guaranteed Rent
If you are renting your property to us on the Guaranteed Rent Service, we will not charge you any fees at all.
Charges will apply for our other services, please see the table below for details of these.
Set Up Fee for Fully Managed and Rent Collection
When you first instruct us on either of these schemes you will have to pay a Set Up Fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc. The Set Up Fee is payable each time you instruct us to find a new tenant for your property.
A fee for protecting the tenant’s deposit may be charged separately to cover our costs.
Commission for Fully Managed and Rent Collection
We charge a monthly commission for the ongoing management of your property, which will depend on the level of service you require.
Renewal Fee for Fully Managed and Rent Collection
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Tenant Find Charges
If you simply want us to find a tenant for your property, we will charge you a one off fee. This fee covers the cost of advertising, finding a tenant and drawing up agreements. There are additional fees for the inventory and checkout which are listed below.
Renewal Fee for Tenant Find
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Our Fees
| Charge (inclusive of VAT where applicable) | |
|---|---|
| Standard Set Up Fee – Fully Managed | £600 |
| Standard Monthly Commission – Fully Managed | 15% |
| Standard Set Up Fee – Rent Collection | £600 |
| Standard Monthly Commission – Rent Collection | 12% |
| Standard Tenant Find Commission | 12% of annual rent |
| Duplicate Statements | £35 |
| Professional hourly rate | £70 (Charged by the Agent when required to carry out any additional services) |
| Void property inspections | £50 (per visit) |
| Tenancy renewal fee | £144 |
| Deposit registration fee | £144 |
| Deposit registration fee | £48 (annual fee) |
| Inventory | Studio / 1 bed – £144 / update £90 2 bed £162 / update £102 3 bed £204 / update £120 4 bed £246 / update £144 5 bed £288 / update £174 6 + bed – on application |
| Deposit Dispute Fee | £168 |
| Property Inspections | £60 per visit |
| Preparation & serving of notice | £150 |
| Rent review (Introduction or let only) | £78 |
| Rent review and tenancy renewal (Introduction or Let only) | £204 |
| Checkout fee | £132 |
| Landlord Takeover Service | £450 setup fee for mid-tenancy takeover |
| Landlord Takeover Service with arrears | £450 setup fee for mid-tenancy takeover and 20% of arrears recovered |
| Landlord rescue service (details on application) | £2400 + % of rent arrears recovered |
| Court attendance (attendance with, not on behalf of landlord) | £300 |
Any percentage fees shown are calculated based on the monthly rent
We hold Clients Money Protection insurance provided by Propertymark.
Client Money Protection Certificate
We are proud to have Client Money Protection in place provided by CMP Protect.
Book a Free Market Appraisal
A market appraisal is a great way to start your property journey. You can find out what your property is worth with a virtual or face to face appointment in your home. If you’re thinking of making a move we would love to hear from you.