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LET ONLY SERVICE

Our fees for the Let Only Service are 120% of one month’s rent inc VAT (100% plus VAT) subject to a minimum fee of £594 inc VAT (£495 plus VAT) for any term of contract.

Contract Renewal Fee: 36% inc VAT (30% plus VAT) of one month’s rent, subject to a minimum of £180 inc VAT (£150 plus VAT).

We will take the fees from the money we receive from the tenant, and send you any remaining balance within 7 working days of the start of the tenancy. If there is a shortfall in fees owed to Mansons we will contact you to arrange payment prior to the commencement of the tenancy.  We will add VAT at the rate that applies at the time.

 

LET ONLY + SERVICE

Our fees for the Let Only Plus service are 9.6% inc VAT (8% plus VAT) subject to a minimum fee of £78 inc VAT (£65 plus VAT) of the gross rent collected before deductions for the period of the tenancy. We will take the fees from the money we receive from the tenant, and send you any remaining balance within 7 working days of the start of the tenancy. If there is a shortfall in fees owed to Mansons we will contact you to arrange payment prior to the commencement of the tenancy.  We will add VAT at the rate that applies at the time.

Our fee for securing a tenancy is 120% of one month’s rent inc VAT (100% plus VAT) subject to a minimum fee of £594 inc VAT (£495 plus VAT) for any term of contract.

Contract Renewal Fee: 36% inc VAT (30% plus VAT) of one month’s rent, subject to a minimum of £180 inc VAT (£150 plus VAT)

 

FULLY MANAGED SERVICE 

Our fees for the full management service are 14.4% inc VAT (12% plus VAT) subject to a minimum monthly charge of £90 inc VAT (£75 plus VAT) of the gross rent collected before deductions for the period of the tenancy.

Our initial set up and tenant find fee for the first let is 90% inc VAT of one month’s rent (75% plus VAT) subject to a minimum fee of £450 inc VAT (£375 plus VAT) for any term of contract. All subsequent tenant find fees will be charged at 60% inc VAT (50% plus VAT) of one month’s rent subject to a minimum fee of £300 inc VAT (£250 plus VAT) for any term of contract.

We will take the fees from the money we receive from the tenant, and send you any remaining balance within 7 working days of the start of the tenancy. If there is a shortfall in fees owed to Mansons we will contact you to arrange payment prior to the commencement of the tenancy.  We will add VAT at the rate that applies at the time

This includes a Rent Guarantee & Legal expenses (12 month policy with a 2 month excess and covers up to £50,000 in legal expenses, it will pay a maximum 85% of the rent for  six months, or until vacant possession, whichever occurs first) of a new tenant moving into your property on a new tenancy but not for a renewal of an existing tenant.

The service is designed to protect you against loss of rent if tenants become unable to pay and against the legal costs of removing tenants who are not fulfilling their obligations under the tenancy agreement.

 

ALL LANDLORD OPTIONAL & NON-OPTIONAL FEES AND CHARGES

BEFORE TENANTS MOVE IN

  • Deposit lodgement charge £54.00 inc VAT (£45 plus VAT) for Let Only Plus & Full Management Service- Non optional.
  • Arrangement fee for refurbishments: fees discussed and agreed with the landlord (by prior written agreement) - Optional.
  • Landlord withdrawal: Should we find a tenant who meets our mutual criteria, and you withdraw the property, you must pay us a fee of £120.00 inc VAT (£100 plus VAT) - Non optional.

 

DURING THE TENANCY

Rent Guarantee renewal upon landlords request for an existing tenant, please contact our lettings team for a quotation.Renewal needs to be confirmed in writing by the landlord. Renewal fees are payable to Van Mildert Tenant Referencing directly - Optional.

AFTER THE END OF THE TENANCY

  •  Contract Renewal Fee: 36% inc VAT (30% plus VAT) of one month’s rent, subject to a minimum of £180 inc VAT (£150 plus VAT) - Non optional.
  • Deposit lodgement of £54.00 inc VAT (£45 plus VAT) applicable to our Fully Managed and Let Only Plus services - Non optional.

We accept payment by debit cards & electronic bank transfer. We do not accept cash, credit cards or cheques.

IF YOU HAVE ANY QUESTIONS RELATING TO OUR FEES, PLEASE ASK A MEMBER OF STAFF.

Please note that Mansons Property Consultants are also a member of the following client money protection and redress schemes.
UKALA Client Money Protection (member number 084477)
The Property Ombudsman (TPO) (Redress Scheme)

*Prices correct as of 30/04/2020



Mansons Property Consultants Ltd,
5 Holly Avenue West
Jesmond
Newcastle upon Tyne
NE2 2AR
Tel: 0191 2092222
Fax: 0191 2092233
Email:
info@mansons.net

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Mansons Property Consultants Ltd. Registered in England. Company No: 04167689. Registered Office Address: 5 Holly Avenue West, Jesmond, Newcastle Upon Tyne, England, NE2 2AR.. VAT Registration No: 756012155. Privacy Policy.