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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)

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

N/A

Landlord

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

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

N/A

Landlord

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

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

Landlord

 

 

 

 

Letting & Management (as above plus management throughout tenancy)

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

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

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

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

Thomas Childs & Co is not a member of a client money protection 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/



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