Tenant & Landlord’s Fee Structure

Tenant(s) Fee’s:

Tenant Reference & Documentation Checks Per Person Inc. Vat  £0
1st Guarantor Free
Drawing Up Tenancy Agreement Free
 Breaking Contract Out Of Term 10% (Per month Remaining)

Fee’s That Apply For Contracts Under Management

Check Out Fee Structure:  Studio £25 + Vat – 1 Bed £30 + Vat – 2 Bed £50 + Vat – 3 Bed £60 + Vat – 4 Bed £80 + Vat – 5 Bed £90 + Vat – 6 Bed £100 + Vat

Non – Standard Charges

Additional Guarantor Reference £144.00
(If 2nd Guarantor is Needed Or The 1st Guarantor Fails This Is Chargeable)
 Corporate Referencing Costs Incl. Vat £300.00
 Change Of Contract e.g; Name Change, Date Change, etc Incl. Vat.  £180.00

Landlord(s) Fee’s / Service

Let Only Service 8.4% Inclusive of VAT
(Take on, Viewings, Vetting Of Tenants, Drawing Up Tenancy Agreements & Collection Of Advance Rental & Security Deposit)

Rent Collection Service 10.2% Inclusive of VAT
(As Let Only Service With Additional Collection Of Rent Every Month With Monthly Landlord Statements)

Fully Managed Service Service 12% Inclusive of VAT
(Service Incl. All Of The Above Services Plus Dealing With Tenant & Landlord Issues, Maintenance Management, Quarterly Inspections, Registration Of Security Deposit (TDS), Check-In, Check-Out & Descriptive Only Inventory)

Peter Michael Estates Are Members Of The Property Ombudsman

Peter Michael Estates Are Members Of The NALS Client Money Protection Scheme