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About Thomas Childs & co.

Fees

Service

Fee payable to Agent

Fee payable to Third Party (if applicable)

Payable by

Letting Only (preparing particulars, Marketing & advertising, conducting viewings, reference and credit checks, preparing tenancy agreement)

7.2% inclusive of VAT, (6% plus VAT) of first year’s rent (Our one off commission taken from the first month’s rent.   Example – a property rented at £12,000pa would be £864)

N/A

Landlord

Letting & Deposit Holding (as above plus holding and protecting tenancy deposit)

7.8% inclusive of VAT (6.5% plus VAT) as our monthly commission taken from the rental each month.  Example - a property rented at £1000pcm would be £78.00 per month

N/A

Landlord

Letting & Rent Collection (as above plus collection of monthly rent)

8.4% inclusive of VAT, (7% plus VAT) as our monthly commission taken from the rental each month.  Example - a property rented at £1000pcm would be £84.00 per month

N/A

Landlord

Service

Fee payable to Agent

Fee payable to Third Party (if applicable)

Payable by

Letting & Management (as above plus management throughout tenancy)

9.6% inclusive of VAT (8% plus VAT) as our monthly commission taken from the rental each month.  Example - a property rented at £1000pcm would be £96.00 per month

N/A

Landlord

Marketing only (preparing particulars and advertising the property) Outside of top 4 service provisions above.

£360 (inclusive of VAT) for up to 3 months advertising

N/A

Landlord

Conducting viewings outside of first five service provisions above

£30 (inclusive of VAT) per viewing

N/A

Landlord

Taking references and conducting credit checks

£60 (inclusive of VAT) per tenant/guarantor

N/A

Tenant

Energy Performance Certificate

£0 (inclusive of VAT) per property

£60 to £108 (inclusive of VAT) per property (depending on size)

Landlord

Gas safety check

£0 (inclusive of VAT) per property

From £72. to £110 (inclusive of VAT) per property (depending on size)

Landlord

 





Service

Fee payable to Agent

Fee payable to Third Party (if applicable)

Payable by

Electrical safety check

£0 (inclusive of VAT) per property

From £420 to £540 (inclusive of VAT) per property (depending on size)

Landlord

Portable Appliance Electrical Test

 

From £72 (inclusive of VAT)

Landlord

 

 

 

 

Preparation of tenancy agreement (Landlord fee) included in the first five service options

£120 (inclusive of VAT) per agreement

£0 (inclusive of VAT) per agreement

Landlord

Preparation of tenancy agreement (Tenant fee)

£240 (inclusive of VAT) per agreement

£0 (inclusive of VAT) per agreement

Tenant

Inventory preparation

£0 (inclusive of VAT) per property

£80 to £240 (inclusive of VAT) per property (depending on size)

Landlord

Inventory check-in

£0 (inclusive of VAT) per property

£55 to £95 (inclusive of VAT) per property (depending on size)

Tenant

Inventory check-out

£0 (inclusive of VAT) per property

£65 to £105 (inclusive of VAT) per property (depending on size)

Landlord

 





Service

Fee payable to Agent

Fee payable to Third Party (if applicable)

Payable by

Property reservation fee (to secure a rental; amount will be deducted from first month’s rent but is non-refundable if tenant withdraws from the letting)

£700 (inclusive of VAT) per property

N/A

Tenant

Deposit registration fee (protection of deposit in authorised scheme and service of prescribed information)

£0 (inclusive of VAT)

N/A

Landlord

Additional inspections (in addition to routine inspections under Management service)

£30 (inclusive of VAT) per visit

N/A

Landlord

Tenancy renewal fee (negotiating and documenting renewal) (Landlord fee)

£30 (inclusive of VAT)

£0 (inclusive of VAT)

Landlord

Tenancy renewal fee (negotiating and documenting renewal) (Tenant fee)

£30 (inclusive of VAT)

£0 (inclusive of VAT)

Tenant

Professional cleaning

£0 (inclusive of VAT)

From £144 to £510 (inclusive of VAT) per property (depending on size)

Tenant

Administration of NRL Tax return

£60 (inclusive of VAT) per property

 

Landlord

Other Important Information for Landlords and Tenants

1. Client Money Protection Scheme.

Thomas Childs & Co is a member of The National Approved Letting Scheme’s (NALS) client money protection scheme, Licence Number A5882.



Thomas Childs & Co is a SAFEagent, Registration Number S5503. SAFE – Safe Agent Fully Endorsed – is a mark denoting firms that protect landlords and tenants money through a client money protection scheme. Full details of the scope of the scheme can be obtained from the scheme operator. For more information on SAFEagent visit www.safeagents.co.uk



2.
Redress Scheme

Thomas Childs & Co is a member of a redress scheme for dealing with complaints. The name of the redress scheme is "The Property Ombudsman"
                                                                                   


The Property Ombudsman Ltd, Milford House, 43-45 Milford St, Salisbury, Wiltshire, SP1 2BP.                    01722 333 306
https://www.tpos.co.uk/</strong

 
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