The fees under the below service are payable when any individual or organisation enters into an agreement to rent the Property as a result of our promotion, introduction, or viewing by the Agent.
1) Tenant Find Service
£250.00 (plus VAT) payable for each letting where the tenant is introduced through the Agent
2) Full Management Service
£200.00 Set up Fee (plus VAT) Payable for each lettings where the Tenant is introduced through the Agent
8% (plus VAT)of the rent received, deducted by the Agent
3) Full Management Service to Include Rent & Legal Cover
£200.00 Set up Fee (plus VAT)Payable for each lettings where the Tenant is introduced through the Agent
10% (plus VAT) of the rent received, deducted by the Agent
Agreement Admin Fee £75.00 (plus VAT)
Duplicate Statements £5.00 (plus VAT) per statement
Professional hourly rate £50.00 (plus VAT) charged by the Agent when required to carry out any additional services
Void Property inspections £25.00 (plus VAT) (per visit)
Tenancy Renewal fee £75.00 (plus VAT)
Major works fee 10% (plus VAT) relating to single works over £500.00 arranged by Agent
Where the Landlord cancels the Agent’s instruction to provide a management service the Agent will charge and the Landlord will pay a fee based upon 12% (inc VAT) of the agreed rent for the period not exceeding six months from the commencement date of the tenancy.
VAT is payable at the prevailing rate on all our fees. In accordance with consumer legislation it is quoted as included in the prices stated above.
1) Tenant Administration, Credit/Referencing, Check in inventory, Check out Inventory £250.00 (plus VAT)
2) New landlord reference £0 (inc VAT)
3) Guarantor referencing £50.00 (plus VAT)
The fees charged to the tenant may change and we will endeavour to inform you of such a change at the earliest opportunity.
We may also receive commissions from:
Utility providers and others
These commissions ~will/will not be included in the contractor invoice and can be up to 0% (inc VAT) of the total invoice. (We make no additional charge)
VAT CHARGED AT 20%
Oaktree Lettings are member of a Client Money Protection Scheme
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