Fees Here at Tim Cox Associates we offer unrivalled market knowledge and expertise
Residential fees
Summary of charges - Landlords
|
Service |
Fee |
|---|---|
|
Tenant find service |
Three quarters of the first month's rent + VAT |
|
Letting and rent collection service |
7.5% of the rent + VAT |
|
Fully managed service |
12% of the Rent + VAT |
|
Preparing / negotiating the Tenancy Agreement |
£250 + VAT |
|
Preparing renewal documents |
£75 + VAT |
|
Sale to the Tenant |
1.2% of the sale price + VAT |
|
Inventory and check in report |
payable to inventory clerk |
|
Serving Section 21 Notice |
£75 + VAT |
|
Empty Property Inspection Visits |
£50 + VAT |
|
Withdrawal Fee |
£500 + VAT |
|
Attending formal proceedings |
£100 per hour + VAT |
|
(For overseas Landlords) Preparing and submitting accounts to Inland Revenue if Landlord not accepted for self-assessment |
£500 per annum + VAT |
|
Preparation of evidence to submit to DPS for disputed Deposit returns |
£50 per hour + VAT |
Tenant Find service: Three quarters of the first month’s rent + VAT
Letting and Rent Collection service: 7.5% of the Rent + VAT
Fully Managed service: 12% of the Rent + VAT
Preparing/negotiating the Tenancy Agreement: £250 + VAT
Preparing renewal documents: £75 + VAT
Sale to the Tenant: 1.2% of the sale price + VAT
Inventory and check in report: payable to inventory clerk
Serving Section 21 Notice: £75 + VAT
Empty Property Inspection Visits: £50 + VAT
Withdrawal Fee: £500 + VAT
Attending formal proceedings: £100 per hour + VAT
(For overseas Landlords) Preparing and submitting accounts to Inland Revenue if Landlord not accepted for self-assessment: £500 per annum + VAT
Preparation of evidence to submit to DPS for disputed Deposit returns: £50 per hour + VAT
Summary of charges - Tenants
|
Service |
Fee |
|---|---|
|
Tenant Administration Fee |
£200 + VAT per property |
|
Guarantor Fee |
£50 + VAT |
|
A deposit is normally payable which is equivalent to 6 weeks’ rent or two months’ rent if there are pets. The deposit is held and protected by the Deposit Protection Scheme (DPS) |
|
|
Penalty Letter concerning breaches of Tenancy Agreement |
£25 + VAT |
|
Fee payable for failed bank payment by tenant |
£20 + VAT |
|
Late payment fee |
£30 + VAT |
|
Tenants pay for cost of check out report (Landlord pays for check in report and inventory) |
Approx £75 and routinely deducted from deposit |
Tenant Administration Fee: £200 + VAT per property
Guarantor Fee: £50 + VAT
A deposit is normally payable which is equivalent to 6 weeks’ rent or two months’ rent if there are pets. The deposit is held and protected by the Deposit Protection Scheme (DPS)
Penalty Letter concerning breaches of Tenancy Agreement: £25 + VAT
Fee payable for failed bank payment by tenant: £20 + VAT
Late payment fee: £30 + VAT
Tenants pay for cost of check out report (Landlord pays for check in report and inventory): Approx £75 and routinely deducted from deposit
Tim Cox Associates is a member of the RICS Client Money Protection Scheme. Our redress scheme is: Ombudsman Services – Property, PO Box 1021, Warrington WA4 6HL