Vendor Fees

Vendors

Sales Fees - 0.9% Inclusive of VAT (0.75% plus VAT) - Sole Agency Only.

Example

If a property was sold for £500,000.00 the fees would be:-

Sales Fee - £4500.00 including VAT

Redress Scheme
The Property Ombudsman
Milford House, 43-55 Milford Street, Salisbury, Wiltshire, SP1 2B
www.tpos.co.uk
01722 333306
(Lines are open, Monday - Friday 9am - 4.30pm excluding bank holidays)

Information Commissioners Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF
https://ico.org.uk
0303 123 1113 (local rate - calls to this number cost the same as calls to 01 or 02 numbers). Normal opening hours are Monday to Friday between 9am and 5pm (excluding bank holidays).
Registration Number Z1138364

Landlord Fees

Landlords

Letting Fees - 9.6% inclusive of VAT (8.0% plus VAT).
Renewals - 6% inclusive of VAT (5.0% plus VAT).
Management - 6% inclusive of VAT (5.0% plus VAT).
Project Management - 12% inclusive of VAT (10.0% plus VAT).

Example

If a property was rented out at £1000.00 per calendar month the fees would be:-

Letting Fee - £1152.00 including VAT.
Renewal Fee - £720.00 including VAT.
Management Fee - £720.00 including VAT.

If a project was undertaken (new kitchen, new bathroom etc) with us managing the project and the total cost of the works came to £10,000.00, our fees would be :-

Project Management - £1200.00 including VAT.

Redress Scheme
The Property Ombudsman
Milford House, 43-55 Milford Street, Salisbury, Wiltshire, SP1 2B
www.tpos.co.uk
01722 333306
(Lines are open, Monday - Friday 9am - 4.30pm excluding bank holidays)

Client Money Protection
Client Money Protect
Premiere House,
1st Floor,
Elstree Way,
Borehamwood,
WD6 1JH
www.clientmoneyprotect.co.uk
[email protected]
03333219414
Membership CMP003032

Information Commissioners Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF
https://ico.org.uk
0303 123 1113 (local rate - calls to this number cost the same as calls to 01 or 02 numbers). Normal opening hours are Monday to Friday between 9am and 5pm (excluding bank holidays).
Registration Number Z1138364

Tenant Fees

Tenants

Abaco Estates standard charges are:-
Deposit - Equal to 5 weeks rent
Referencing Fee - Zero
Contract Fee - Zero
Name Changes - £50.00 inclusive of VAT
Loss of keys - at cost.

EXAMPLE

If a 1 bedroom flat was rented out the tenant would pay a 5 week deposit plus 1 month’s rent in advance. So if the rent was £1500.00 per calendar month the tenant would pay:-

1 Months Rent - £1500.00
5 Weeks Deposit - £ 1730.00
Total - £3230.00

Abaco Estates do not take holding deposits, we do require seeing the last 4 months of bank statements prior to offers being put forward to Landlords.

Redress Scheme
The Property Ombudsman
Milford House, 43-55 Milford Street, Salisbury, Wiltshire, SP1 2B
www.tpos.co.uk
01722 333306
(Lines are open, Monday - Friday 9am - 4.30pm excluding bank holidays)

Client Money Protection
Client Money Protect
Premiere House,
1st Floor,
Elstree Way,
Borehamwood,
WD6 1JH
www.clientmoneyprotect.co.uk
[email protected]
03333219414
Membership CMP003032

Information Commissioners Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF
https://ico.org.uk
0303 123 1113 (local rate - calls to this number cost the same as calls to 01 or 02 numbers). Normal opening hours are Monday to Friday between 9am and 5pm (excluding bank holidays).
Registration Number Z1138364 Last updated at 12/06/2019, 11:18 AM by Kevin Burnham

Last updated at 11:10 AM 24/07/2019 by allAgents