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Fees 

 

Peter Ball & Co are committed to being upfront and transparent as to our tenancy fees.

For a detailed quote as to our fees please contact our Lettings Department

Tenant Fees

Before You Move In

FeeDefined
Tenancy Agreement Fee (tenant share) £100 (plus VAT) £120 (inc VAT) - Contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
Reference Fee £100 (plus VAT) £120 (inc VAT) per tenant. Processing the application and referencing including right to rent checks.
Guarantor Fee £100 (plus VAT) £120 (inc VAT) per guarantor (if required) covering referencing and the Deed of Guarantee as part of the tenancy agreement.
Security Deposit Equivalent to one month's rent + £100 per adult (unless otherwise agreed). 
This will be protected in the Tenancy Deposit Scheme and may be returned at the end of the tenancy.
Pet Deposit £100 per pet on top of your Deposit (as listed above)(unless otherwise agreed).
To cover the added risk of property damage.
This will be protected with your deposit in the Tenancy Deposit Scheme and may be returned at the end of the tenancy.

Ending Your Tenancy

FeeDefined
Check Out Fee £50 (plus VAT) £60 (inc VAT) - To undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit(s.)

Other Fees and Charges

FeeDefined
Unpaid Rent/Returned Payments
From Due Date
Interest at 5% above Barclays Base Rate


Click here for downloadable versions of Tenant Fees

Landord Fees

Level of Service

FeeDefined
Let Only 75% (90% inc VAT) x 1 month's rent - 6 month contract.
8%   (9.6% inc VAT) x 1 month's rent - 12 month contract.  

Rent Collection (Let-Rent) As above PLUS
2.5% (3% inc VAT)x rent received.

Fully Managed 12% (14.4% inc VAT) x rent received.
£150 (£180 inc VAT) x rent received - Set Up Fee (Landlord's Share)  

Inventory Fees

FeeDefined
Unfurnished
Studio/1bed £130 (£156 inc VAT)
2 bed £150 (£180 inc VAT)
3 bed £170 (£204 inc VAT)
4 bed £190 (£228 inc VAT)
Additional beds £35   (£42 inc VAT) per bedroom
Furnished
Studio/1bed £160 (£192 inc VAT)
2 bed £185 (£222 inc VAT)
3 bed £210 (£252 inc VAT)
4 bed £235 (£282 inc VAT)
Additional beds £40   (£48 inc VAT) per bedroom

Deposit Registration

FeeDefined
Managed TDS Insured £4 (£4.80 inc VAT)per month
Let Only Custodial £30 (£36 inc VAT)

Non-Scheduled Inspections

FeeDefined
£200 (£240 inc VAT)

Project Management

FeeDefined
For works over £500 12% (14.4 inc VAT) of costs

Legal

FeeDefined
Issuing Notices £80 (£96 inc VAT)
Court Appearances £200 (£240 inc VAT)

Early Termination

FeeDefined
Withdrawal of Instruction £300 (£36 inc VAT)
Min-Total Fee (6 month contract) £420 (£504 inc VAT)
Min-Total Fee (12 month contract) £540 (£648 inc VAT)

Administration

FeeDefined
Year-end Account Summaries £20 (£24 inc VAT)
AST Re-drafting (Non-Managed) £50 (£60 inc VAT)

Key Cutting

FeeDefined
Key Cutting £8 (£9.60 inc VAT) per key

Click here for downloadable versions of Landlord Fees