MELVYN DANES LETTINGS
LETTINGS CHARGES ARE APPLICABLE PER PROPERTY
Valid from 1st June 2019
| FEE | VAT at 20% | FEE INC. VAT | FULL MANAGED SERVICE | |
| Monthly Management Fee - Usual Fee | 10% of rent | VAT at 20% | 12% of rent | |
| Set-up Costs Each New Let (Minimum Fee - £499.99 inc. VAT) | 50% of first month's rent | VAT at 20% | 60% of first month's rent | |
| Referencing Checks on Tenants (per applicant) | £50.00 | £10.00 | £60.00 | |
| Re-referencing Existing Tenants (per applicant) | £25.00 | £5.00 | £30.00 | Deposit Registration with the TDS (Annual Fee) | £50.00 | £10.00 | £60.00 |
| Agreement Renewal Fee | £50.00 | £10.00 | £60.00 | |
| Additional Cost if End of Tenancy Deposit Dispute goes to Arbitration | £100.00 | £20.00 | £120.00 | |
| Arranging Quotations/Repairs/Redecoration or Appliance Replacement | 10% of cost of works | VAT at 20% | 12% of cost of works | |
| LET ONLY SERVICE | Let Only Fee (Minimum Fee - £599.99 inc. VAT) | 75% of first month’s rent | VAT at 20% | 90% of first month’s rent |
| New Agreements for Tenancy Extensions | £120.00 | £24.00 | £144.00 | |
| Optional Extras: | ||||
| Detailed Written Inventory and Date-Stamped Photos | £150.00 | £30.00 | £180.00 | |
| Section 21 Notice Service | £100.00 | £24.00 | £144.00 | |
| Deposit Registration with the TDS (Annual Fee) | £50.00 | £10.00 | £60.00 | |
| End of Tenancy Checkout | £120.00 | £24.00 | £144.00 | |
| RENT COLLECTION | ||||
| Monthly Rent Collection Fee | 7.5% of rent | VAT at 20% | 9% of rent |
12 or 6 month Rent/Legal Warranty available and cost ranges from £90.00 to £175.00 depending on length of Warranty and Rent payable per calendar month.
Client Money Protection through Propertymark
Members of The Property Ombudsman Redress/Complaints Scheme