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SCALE OF FEES

                                   

All fees are payable at the commencement of the tenancy and will be deducted from monies received by the Agent on the Landlord's behalf or invoiced as applicable.  The fees below apply to the duration of the tenancy.  (All fees are shown inclusive of VAT in brackets).

Circa London are a member of the Property Ombudsman Scheme and Propertymark Client Money Protection Scheme.

Full Management fee:16% + VAT (19.2% inc VAT) of rent due (subject to a Minimum Fee of £1,250.00)
Rent Collection fee:12% + VAT (14.4% inc VAT) of rent due (subject to a Minimum Fee of £1,100.00)
Let Only fee:10% + VAT (12% inc VAT) of rent due (subject to a Minimum Fee of £1,000.00)




Tenancy Renewal Fee for second year:

Full Management:16% + VAT (19.2% inc VAT) of rent due
Rent Collection:12% + VAT (14.4% inc VAT) of rent due
Let Only:10% + Vat (12% inc VAT) of rent due


Tenancy Renewal Fee for third year:

Full Management:16% + VAT (19.2% inc VAT) of rent due
Rent Collection:12% + VAT (14.4% inc VAT) of rent due
Let Only:10% + Vat (12% inc VAT) of rent due


ADDITIONAL CHARGES:


Tenancy Agreement fee:£250 +VAT (£300 inc VAT)
Renewal Agreement fee:£120 + VAT (£144 inc VAT)
Check In & Check Out fee:£220+ VAT (£264 inc VAT)
Tenant Referencing fee:£15 + VAT (£18 inc VAT) per tenant
Deposit Registration fee:£35 + VAT (£42 inc VAT)
Deposit Reconciliation fee (Non-managed):£200 + VAT (£240 inc VAT)
Rent Guarantee Insurance:£300 + VAT (£360 inc VAT) per annum
Maintenance Repair Limit:£300 (where rent is paid monthly in advance)

Obtaining estimates & supervision of major works:

10% + VAT (12% inc VAT) cost of any works exceeding £500.
Redirection of mail overseas:Cost of postage
International bank transfer per transaction:£15 + VAT (£18 inc VAT)
Licence applications:£200 + VAT (£240 inc VAT)
Accompany third parties at the property:£50 + VAT (£60 inc VAT) per hour
Vacant management service:£100 + VAT (120 inc VAT) per month
Insurance claim handling fee:£100 + VAT (£120 inc VAT)
Interest on late payments to the Agent:Interest will be charged from the date the fees become due at the annual rate of 4% above the base rate of Bank of Scotland
Court attendance:£100 + VAT (£120 inc VAT) per hour
Sales fee if property sold to Tenant:2% + VAT (2.4% inc VAT) of purchase price
Sales fee if property sold with ongoing tenancy:Balance of letting fee due for remainder of term where purchaser does not continue letting service with Circa London


These fees are included in the Standard Management Fee but additional on Let Only and Rent Collection Services:

Arranging gas safety check:£50 + VAT (£60 inc VAT) plus costs
Duplication and testing of extra keys:£25 + VAT (£30 inc VAT) plus costs
Issuing Notice of Seeking Possession:£50 + VAT (£60 inc VAT)