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Tracy Thorne Estates
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Landlord Fees

FULL MANAGEMENT SERVICE

INITIAL TENANT FIND FEE: 

  • 3 WEEKS RENT INC. VAT PLUS
  • 14.4% INC. VAT OF THE RENT PER MONTH

Our Full Management service is the creme de la creme. This service is designed to take care of everything, so that you can just get on with your busy life and watch the rent come in, knowing your investment is in safe hands.

This fee is deducted monthly from the rent as it is received.

CONTRACT AND ADMINISTRATION FEES:

In addition to the letting fee, there is a charge for the provision and preparation of our tenancy agreement and pre-tenancy administration:

  • Tenancy administration fee (one-off payment): £360 inc VAT at the commencement of the tenancy
  • Tenancy renewal / rental increase administration fee: 2.3% inc VAT of the monthly rent
  • Mid-tenancy addendum: £240 inc VAT
  • Deposit registration fee: £30 inc VAT annually

RENT COLLECTION

INITIAL TENANT FIND FEE:

  • 3 WEEKS RENT INC. VAT PLUS
  • 12% INCLUDING VAT OF THE RENT PER MONTH

As well as sourcing you a fantastic tenant, our Rent Collection Service is designed to cover all aspects of the money process, so that you do not need to keep checking your bank account to see if the rent has been paid, or chase up late payments, send receipts, keep track of statements, bill payments, invoices, etc.

This fee is deducted monthly from the rent as it is received.

CONTRACT AND ADMINISTRATION FEES:

In addition to the letting fee, there is a charge for the provision and preparation of our tenancy agreement and pre-tenancy administration:

  • Tenancy administration fee (one-off payment): £360 inc VAT at the commencement of the tenancy
  • Tenancy renewal / rental increase administration fee: 2.3% inc VAT of the monthly rent
  • Mid-tenancy addendum: £240 inc VAT
  • Deposit registration fee: £30 inc VAT annually

LET ONLY

FEE: 6 WEEKS RENT INC. VAT

Our Let Only service is the basic service available from Tracy Thorne Estates.

We will ensure a high-quality tenant is secured for your rental property as quickly as possible.

This is payable in full upon the commencement of the tenancy, and is calculated on the length of the initial fixed term tenancy.

CONTRACT AND ADMINISTRATION FEES:

Your tenants’ security deposit will be automatically insured by The Tenancy Deposit Scheme.

Deposit registration fee: £30 inc VAT annually


VACANT MANAGEMENT

FEE:  £60.00 INCLUSIVE VAT PER MONTH

Landlord Fees

Did you know that it is the law for all letting agents to publish their fees?

For a full list of fees and costs involved for landlords, please click on the Letting Services booklet image below.

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Tracy Thorne Fees for Landlords

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