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LANDLORD FEES

LANDLORD FEES

Full Management Service on a Sole Agency basis:

12.5% of annual rent achieved plus vat which at the current rate of vat (20%) is equivalent to 15.0% of annual rent achieved including vat.

Let Only Service on a Sole Agency basis:

Sole Agency Letting Only Service 8.0% of annual rent achieved plus vat which at the current rate of vat (20%) is equivalent to 9.6% of the annual rent achieved including vat. Renewals, Extensions or Holdovers will be charged at 6% including vat.

Multi Agency:

Our normal policy is not to accept instructions on a multi agency basis however if we agree to do so or at the end of our sole agency period a client decides to go onto a multi agency basis a surcharge of 3% plus vat which at the current rate of vat (20%) is equivalent to 3.6% of the annual rent achieved including vat will be added to all of our quoted fees. Landlords Tenancy agreement fee of £250 plus vat which at the current rate of vat (20%) equates to £300 including vat will also be charged.

Renewals:

All renewals are charged at 5% of annual rent achieved plus vat which at the current rate of vat (20%) is equivalent to 6% of annual rent achieved including vat. The renewal fee does not include the fee for managing the property.

Client Monies:

Rochford Stokes holds client monies in a dedicated HSBC “clients account” separate from any business account.
Rochford Stokes is not a member of a client money protection scheme.

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