Our Fees

BULLOCK & LEES FEES

MANAGEMENT FEES

• Managed let fee (excluding rent collection) – starting at 9% of agreed rental price plus VAT
• Initial administration set up fee – £118.80 (£99+VAT); to include arranging the Inventory, EPC, Floor plan, and the supervision of any building contractor works if required. Costs payable to our contractor.

NON-MANAGED FEES

• Non-manage let fee £420.00 INC VAT or half the first months rent, if the rental amount is over £1000 PCM. To include arranging the Inventory, EPC and Floor plan if required – costs to payable to our contractor.
• Landlord’s Inspection – £60 INC VAT to include Inspection Report
• Gas Safety Certificate by Heat Solutions UK £72 (Payable to Heat Solutions UK)
• Arranging a Gas Safety Certificate £30.00 INC VAT
• Arranging contractor general maintenance repairs £60.00 INC VAT minimum
• Issue of Section 21/8 Notices £150.00 INC VAT
• Arranging an End of Tenancy clean £60 INC VAT minimum depending on condition (plus

Cleaner’s invoice)

• Arranging EICR test £60 INC VAT. Costs payable to our contractor.

COMBINED FEES (MANAGED / NON-MANAGED)

• Tenancy Agreement Renewal £150 Including VAT (payable by The Owner/The Landlord)
• Project Management (such as property renovations) £360.00 INC VAT minimum time

engaged thereafter.

• Sale of Property

In the event of a tenant or prospective tenant or any other person or organisation introduced by The Agent completing the purchase of the property at any time, a commission will be payable by The Owner/The Landlord to The Agent equivalent to one and a half percent (1.5%) of the selling price plus VAT

REFERENCING FEES (PAYABLE BY THE LANDLORD)

• Deposit – Equivalent to five weeks of the rent.
• Our fees are generally taken from the first month’s rent (all subsequent rent payments to

the Landlord)

• Amendments to Tenancy Agreement (such as additional tenants to the Agreement) to include referencing of additional tenant and re-issue of Tenancy Agreement – £125 including VAT plus any referencing fees.