| Let Only | Rent Collect | Fully Managed | ||||
| Free rental valuation | ||||||
| Marketing advice, internet advertising and to let board | ||||||
| Accompanied viewings | ||||||
| Preparation of tenancy agreement | ||||||
| Preparation of Deposit Prescribed Information – where Squires registers the deposit | ||||||
| Collection of deposit and first month's rent in advance | ||||||
| Notification letters provided to utility companies | ||||||
| Rent collection | ||||||
| Placement of deposit into Deposit Protection Service | ||||||
| Co-ordination of any necessary repairs or maintenance works which may arise during the tenancy | ||||||
| Arrangement of compliance certificates i.e. Gas Safety Certificate/ EICR | ||||||
| Periodic inspections | ||||||
| Inform landlord of any new legislation | ||||||
| Preparation of schedule of charges for deposit return | ||||||
| Addendums to the Tenancy Agreement | ||||||
| Issuing of Section 21 Notice |
| Let Only | Rent Collection | Fully Managed | ||||||
| Sole Agency 8% + VAT (9.6% inc. VAT) |
Multi Agency 10% + VAT (12% inc. VAT) |
Sole Agency 10.5% +VAT (12.6% inc. VAT) |
Multi Agency 12.5% + VAT (15% inc. VAT) |
Sole Agency 13% + VAT (15.6% inc. VAT) |
Multi Agency 15% + VAT (18% inc. VAT) |
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Should the tenants remain in-situ after the first 12 months, a further commission of 6.5% plus VAT (7.8% inc. VAT) per annum will be due whether the tenancy be renewed on a fixed term or periodic basis.
After 24 months and for any renewals thereafter, whether the tenancy be renewed on a fixed term or periodic basis, the fee will be reduced to 5% plus VAT (6% inc. VAT) per annum. This will apply to all renewals whether negotiated by Squires Estates or not.