Lettings Fees

Tatlers Letting Fees are as follows:


Tenants Letting Fees & Administration Costs are as follows:

 

The asking rent does not include letting fees.

Administration charge for preparing agreement, taking initial deposit ,balance of payment, and accounting to the tenant and Landlord £300 inclusive of VAT.

Plus reference fees of £30 inclusive of VAT per person

Guarantor Fee is £30 per guarantor (if required)

Unpaid Rent  - interest @ 4% above Bank of England base rate from date due.

Professional Cleaning if required: Approc £150 or above (including VAT) (dependant on size of property).

 

Landlords Commissions Fees and Costs:

Fees for Let Only Service (Sole Agents):

Our fees for introducing tenant(s) is 12% including VAT of the gross annual rent for the initial term of the contract, due in advance on or before the commencement of the tenancy.

 

Fees for Let Only Service (Joint/Multi Agency):

Our fees for introducing tenant(s) is 13.2% including VAT of the gross annual rent for the initial term of the contract, due in advance on or before the commencement of the tenancy.

Fees for Let Only Renewals

9.6% including VAT of the gross annual rent for the first year of renewal

Our fee is payable in the event that the original term is extended for a further period, whether or not the renewal is arranged by us, to either the same tenant(s) or any person(s) or company connected to this tenant should the tenancy be allowed to roll into a statutory period to the same tenants the fee will also be payable for the term that they are in residence invoiced on a 6 monthly basis in advance.

  

Fees for Let & Managed service (sole agents):

18% including VAT of the gross annual rent for the initial term of the contract, due in advance on or before the commencement of the tenancy including all subsequent renewals.  Should you no longer require our management service, but the original tenant remains in the property, please refer to our renewal fees. In any event, 28 days’ written notice is required by either Tatlers or the owner to terminate the management of the property.

Fees for Let & Managed service (multi agency):

20.4% including VAT of the gross annual rent for the initial term of the contract, due in advance on or before the commencement of the tenancy including all subsequent renewals. 

Fees for Let & Managed Renewals

18% including VAT of the gross annual rent for all subsequent renewals. The fee is payable on or before the start date of the extension and is due for all subsequent renewals of the tenancy for any term.

Our fee is payable in the event that the original term is extended for a further period, whether or not the renewal is arranged by us, to either the same tenant(s) or any person(s) or company connected to this tenant.

 

Example of Fees:


For example; commission fee for Let Only service as the sole agent at a rate of 12% including VAT and if your property rents for the agreed amount of £1,300 pcm would amount to £1,872.00including VAT.

Additional fees (charged by our contractors):

Tatlers do not charge anything on top of what our contractors would charge for work they carry out. The below prices are quotation examples of the most common services used

 EPC (depending on property size) From £70

GSC:  £50

Registration of deposit with TDS: £120 including VAT

Inventory check in (depending on number of bedrooms)  from £120 including VAT

To serve a section 21 on behalf of landlord (Let only service): £120 including VAT

Cross check inventory on check out   (Let only service): £102 including VAT

Property inspection (outside of property management service) : £42 including VAT

Transfer of utilities (Let only service): £60 including VAT

Post tenancy despute resolution: £120 including VAT

In the event that there is a dispute concerning deductions from the deposit and you would like us to attempt to broker an informal resolution on your behalf.