Fees to the landlord
All fees are dependent on the package that is chosen but our maximum fees are:
Set up fee £238.80 INC VAT
Management fee 10% + VAT per month (for example a rental income of £500pcm would result in a fee of £60 inc vat)
Tenant find fee £570 INC VAT
Renewal £90 INC VAT
Document Amendment (only applicable if requested by the landlord) £50 Inc VAT
This list is not exhaustive and an hourly rate of £43.20 INC VAT is applicable for anything outside the scope of our management package
Fees to Tenants
Document amendment fee £50 Inc VAT
Unpaid rent 3% above the Bank of England base rates
What can a tenant expect to pay before move in?
Tenants can expect to pay the following before they move into a property:
1) The first months rent in advance of no later than 3 working days prior to the start of the tenancy. Rent will then be due each month for the duration of the tenancy
2) A security deposit to be held with the Deposit Protection Scheme throughout the tenancy, equal to and not exceeding 5 weeks of the rent.
3) A holding deposit per application, per property equal to 1 weeks rent. Please note: this will not be retained by the firm unless circumstances dictate this in accordance with the tenant fee ban 2019.
Find out how much your property is worth
01942 233 999
sales@alanbatt.co.uk
