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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 is taken in full from the first month’s rent.   Example – a property rented at £12,000pa would have a commission charge of £864 plus VAT)

N/A

Landlord

LETTING & DEPOSIT HOLDING (as above plus holding and protecting the tenancy deposit)

7.8% inclusive of VAT (6.5% plus VAT) as our monthly commission taken from the rent received each month.  Example - a property rented at £1000pcm would be £65.00 per month plus VAT 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 rent received each month.  Example - a property rented at £1000pcm would be £70.00 per month plus VAT

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 rent received each month.  Example - a property rented at £1000pcm would be £80.00 per month plus VAT

N/A

Landlord

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

£500 (exclusive of VAT) for up to 3 months advertising

N/A

Landlord

Conducting viewings outside of first five service provisions above

£50 (exclusive of VAT) per viewing

N/A

Landlord

Taking references and conducting credit checks

£175 (exclusive of VAT) per tenant/guarantor up until 01/06/2019

N/A

Tenant

Energy Performance Certificate

£75.00 (exclusive of VAT) per property

N/A

Landlord

Gas Safety Check

£75.00 to £100.00 (exclusive of VAT) per property

Depending on size of property

Landlord

 







Service

Fee payable to Agent

Fee payable to Third Party (if applicable)

Payable by

Electrical Safety Check

£150.00 to £250.00 (exclusive of VAT) per property

Depending on size of property

Landlord

Portable Appliance Electrical Test

£50.00 to £100.00 (exclusive of VAT) per property

Depending on size of property

Landlord

 

 

 

 

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

£0 (inclusive of VAT) per agreement

£0 (inclusive of VAT) per agreement

Landlord

Preparation of tenancy agreement (Tenant fee)

£0 (iniclusive of VAT) per agreement

£0 (inclusive of VAT) per agreement

Tenant

Inventory preparation

£150.00 to £250.00 (exclusive of VAT) per property

(Depending on size)

Landlord

Inventory check-in

£0 (exclusive of VAT) per property

£0 (exclusive of VAT) per property (depending on size)

Tenant

Inventory check-out

£50.00 (exclusive of VAT) per property



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)

Amount equivalent to one months rent

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)

£50.00 (exclusive of VAT) per visit

N/A

Landlord

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

£50.00 (exclusive of VAT)

N/A

Landlord

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

£0 (inclusive of VAT)

£0 (inclusive of VAT)

Tenant

Professional cleaning

To be confirmed by quote (exclusive of VAT)

(Depending on size of property)

Landlord at start of tenancy and tenantat end of tenancy

Administration of NRL Tax return

£50 (exclusive 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/



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