Fees
Letting Fees
£900 (£750 + VAT) will be made for each new Tenancy Agreement signed.
Management and Service Charge
For the ongoing management and servicing of the Property, 12.0% (10.0% + VAT) on all rents due. Subject to a minimum fee of £60 (£50 + VAT) pcm.
Renewal Fee
From Friday 1st May, in line with forthcoming legislative changes under the Renters’ Rights Act, tenancy renewals will no longer be required. As such, we will no longer charge any renewal fees going forward.
Rent reviews via Section 13
Where we are required to carry out an annual rent review, we will introduce a fee of £150 + VAT per tenancy, per year. This reflects the additional administration, market analysis, and compliance checks involved in ensuring rent levels remain accurate and properly evidenced.
Annual statement of income and expenditure
Available upon request - £24 (£20 + VAT)
Other Charges
Other expenditure in additional to the above fees may be payable from time to time. The Agent will notify you of any fees before they are incurred
Minimum energy efficiency standards (MEES)
Before renting a property you must now have a valid Energy Performance Certificate (EPC) in place with a rating of ‘E’ or above and this must be served on the tenant prior to their occupation.
* This work is required to be carried out qualified and registered engineers and can be arranged through Monroe Lettings. Certificates shall be provided to the tenant and landlord before occupation commences.