Our Fees



At Goundrys Estate Agents we pride ourselves for offering a value for money service and believe that the fees listed below are amongst the most competitive in the market place.


Landlords


 


PLEASE NOTE THAT ALL PRICES BELOW ARE INCLUSIVE OF VAT:


 


  • Fully Managed Bronze - 12% of the monthly rental income (10% + VAT)

    Our most popular package that includes all the benefits of a fully managed service with some optional extras available.

     


  • Fully Managed Silver- 15% of the monthly rental income (12.5% + VAT) 

    The same as our popular Bronze package with the inclusion of unlimited tenant referencing and legal

    expenses cover*

     

     


  • Fully Managed Gold- 18% of the monthly rental income (15% + VAT)


 


Our premium package that includes unlimited tenant referencing, rent guarantee and legal expenses cover to ensure that you get paid your rental income even if your tenant defaults*


 


  • Fully Managed Platinum- 24% of the monthly rental income (20% + VAT)


 


Our most inclusive premium package.  Everything in our gold package plus all optional extras included.*


 


  • Tenant find only - 60% of the first month’s rent (subject to a minimum fee of £500) (50% + VAT)

    For the more experienced landlord who wishes to manage their own properties.

  • Subsequent lettings with new tenants for managed properties - £90  (£75+ VAT)

  • Renewal of lease on let only properties with the existing tenants £150   (£125 + VAT) 

  • Renewal of lease with the existing tenants for managed properties - £75  (£62.50 + VAT)

  • Gas safety check by registered engineer, if required approx - £72

  • Energy Performance Certificate- £90 (£75 + VAT)

    All prices inclusive of VAT.

    An Energy Performance Certificate (EPC) has been required by law since 1st October 2008.


    Inventories

    This is a vital part of any lettings service and we recommend to all landlords to ensure that they have an in-depth inventory and schedule of condition report carried out, without one the likelihood of retaining any deposit in any dispute is negligible. We offer this service and utilise professional industry approved inventory software and qualified inventory providers to ensure that the highest quality inventory and schedule of condition reports are provided.  Please see our prices below: 

    Unfurnished


  • 1 Bedroom - £100 

  • 2 Bedrooms - £100

  • 3 Bedrooms - £120

  • 4 Bedrooms - £140

  • 5+ Bedrooms - £160

    Furnished


  • Up to 3 bedroom - £175

  • 4 bedrooms - £200

  • 5 Bedrooms plus - £225

    All prices inclusive of VAT.

     

    Referencing

    Carrying out referencing checks on potential tenants is crucial in order to minimise your risk and help ensure you find suitable tenants for your properties. Following the introduction of the Tenant Fees Act 2019 it was made unlawful to charge tenants any fees for referencing and administration checks.  We out source our checks to a third party partner company who are an industry leader in this area.  This ensures that the highest quality and most thorough checks are carried out.  The references carried out and the costs associated will depend upon the level of service that you have selected.  There are credit check only options, full reference which will include income and affordability checks, current/previous landlord checks and fraud database checks and an optimum reference which includes legal expense cover*.

     


  • Credit Check Only (up to 2 tenants)- £48

    Additional tenant/guarantor- £24

     

  • Full Reference (up to 2 tenants)- £72

    Additional tenant/guarantor- £36

     

  • Optimum Reference (up to 2 tenants)- £96

    Additional tenant/guarantor- £48




Tenants


For those tenants looking to rent a property through Goundrys Estate Agents, listed below are the costs involved.


 


Holding Deposit:


A holding deposit equivalent to 1 weeks rent will be payable to reserve a property. Where the application is successful this will be offset against the initial rent.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right to Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Deposit:

A Deposit equal to 5 weeks rent (6 weeks rent where the annual rent is greater than £50,000) is payable following the receipt of satisfactory references and prior to the commencement of the tenancy.

Fees payable in accordance with the Tenant Fees Act 2019:

Additional variable charges may apply during the course of the tenancy or at the end of the tenancy and are detailed within the tenancy agreement EG:

Unpaid Rent- Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost Keys or other Security Devices- Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract- £50

Change of Sharer- £50

Early Termination- Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

 


CLIENT MONEY PROTECTION:



 




INDEPENDENT REDRESS SCHEME: