Landlord Scale Of Charges
| Letting Fee |
£594.00 inclusive of VAT (£495.00 + VAT) |
| This service includes marketing your property, arranging viewings, negotiating offers, referencing applicants, drawing up bespoke, ring fenced Tenancy agreement, collecting both the tenants Holding and Tenancy Deposit, registering the latter with the TDS, collecting the tenants first month’s rent in advance of releasing the signed tenancy agreement. |
| Premium Management Service fee |
| Properties within the Essex area |
12% inclusive of VAT (10% + VAT) |
| Properties outside of Essex |
14.4% inclusive of VAT (12% + VAT) |
This service includes drawing up an extensive inventory and schedule of condition report and photos prior to the tenancy commencing. Carrying out right to rent checks on all ingoing tenants and occupants prior to releasing the keys to the property. Presenting a tenant moving in pack with advice on keeping the Landlords property to the high standard that Brand & Brand expect from their tenants. Rent collection for the term of the tenancy. Chasing any arrears that may occur. Pay the Landlord by faster BACS payment on receipt of the tenants rent (less deductions of agent fees, or works invoices, already agreed in advance with the Landlord). Carry out regular inspections of the Landlords property to ensure that both, the tenant is looking after the Landlords investment, plus to look for any maintenance issues that may need addressing to keep the property to a high standard. Brown & Brand will arrange any maintenance and safety certificates to be carried out, by our preferred contractors, with prior agreement from the Landlord. We use local tradesmen who have provided their Public Liability insurance and suitable references. Once notice to vacate is given or received, Brown & Brand will ensure a seamless hand over of keys and action any repairs or dilapidations that need to be addressed before reletting. In the instance that there are dilapidations, if a suitable agreement cannot be reached between Landlord and tenant, Brown & Brand will submit a claim on the Landlords behalf for costs, to the TDS deposit scheme.
Your own Personal Property Manager will always be at the end of the phone for you, ensuring you receive a service second to none. Brown & Brand’s Landlords will never become ‘just a number’. Whatever we need to do to protect our Landlords and their properties, Brown & Brand will do without taking advantage of charging Additional fees for these services, unlike so many in the same industry.
12 Months Rent Protection & Legal cover
(Managed properties only) |
£265.00 zero VAT |
| We highly recommend that every Landlord agrees to take out this protection, which Brown & Brand are very proud to be able to offer alongside our Property Management service. Please peruse this leaflet showing you the extensive cover you will receive. |
| 12 Monthly Renewal Fee |
£180.00 inclusive of VAT (£150.00 + VAT) |
| After 12 months Brown & Brand will contact both Landlord and Tenant to ensure they are happy to renew their Tenancy Agreement for a further 12 months, following which we will action a new Tenancy agreement which will have been duly amended to include any change of Legislation, or implement clauses to take into consideration recent case law, therefore ensuring our Landlords continued protection going forward. |
Minimum Fee
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 6% (inclusive of VAT) of the agreed rent for the period, not exceeding six months from the commencement date of the tenancy.
The fees under the above services 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.
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.
Agent Other Income
Referral Fees from: Contractors, Insurance Companies, Utility Providers
Property Redress
We are members of a property redress scheme. The name of our provider is:
TPOS, Milford House, 43 - 55 Milford Street, Wiltshire, SP1 2BP Tel: 01722 335458
Client Money Protection
We have client money protection. The name of our scheme is:
Propertymark Client Money Protection Scheme, Arbon House, 6 Tournament Court, Edgehill Drive, CV34 6LG
Tel: 01926 417763
ARLA Propertymark Members
Arbon House, 6 Tournament Court, Edgehill Drive, Warwick, CV34 6LG
propertymark.co.uk
