Fees & Compliance
Fees & Charges
At Simple Lettings & Sales, we believe in being clear and transparent about our fees.
All Simple Lettings & Sales fees shown below are inclusive of VAT at the current rate of 20%, unless otherwise stated. Third-party costs and disbursements are identified separately.
Jump to: Property Sales Residential Landlords Commercial Landlords
Property Sales
Residential Property Sales
Our sales service is charged on a fixed-fee basis, individually calculated according to the size of the property.
The exact fixed fee will be agreed with the seller before instruction and clearly stated in the Estate Agency Agreement.
Our fixed sales fee will always be less than 1% of the initial asking price.
£300.00 including VAT (£250.00 + VAT), where the property is removed from the market within the first 12 weeks of instruction and the charge applies under the terms of the Estate Agency Agreement.
Where a sale has been agreed and solicitors have been instructed, if the seller subsequently withdraws the property from the market, 75% of the agreed sales fee is payable in accordance with the Estate Agency Agreement.
Additional Sales Services
£90.00 including VAT (£75.00 + VAT).
£60.00 including VAT (£50.00 + VAT).
Residential Landlord Fees
Let & Full Management
£474.00 including VAT (£395.00 + VAT) per new tenancy.
13.2% of the monthly rent including VAT (11% + VAT).
£48.00 including VAT (£40.00 + VAT) per client.
18% of the first month's rent including VAT (15% + VAT).
Equivalent to one month's rent, including VAT.
£234.00 including VAT (£195.00 + VAT), where applicable under the Agency Agreement.
£354.00 including VAT (£295.00 + VAT), where applicable under the Agency Agreement.
£30.00 including VAT (£25.00 + VAT) per key.
£60.00 including VAT (£50.00 + VAT).
£90.00 including VAT (£75.00 + VAT).
10% of the value of the claim + VAT (12% including VAT).
1.2% of the final selling price including VAT (1% + VAT). A separate sales agreement will be required.
Where dual agency is undertaken, the applicable fee will be equivalent to the other agent's fee or our applicable fee, whichever is greater.
Tenant Finder Service
One month's rent + VAT, subject to a minimum charge of £900.00 including VAT (£750.00 + VAT).
£48.00 including VAT (£40.00 + VAT) per client.
£234.00 including VAT (£195.00 + VAT), where applicable under the Agency Agreement.
£594.00 including VAT (£495.00 + VAT), where applicable under the Agency Agreement.
£30.00 including VAT (£25.00 + VAT) per key.
Tenant Referral Package
£420.00 including VAT (£350.00 + VAT), payable prior to marketing and valid until the room is let or for six weeks, whichever occurs first.
£48.00 including VAT (£40.00 + VAT) per client.
Additional Residential Landlord Services
The following charges apply where the service is not already included within the landlord's selected package.
£90.00 including VAT (£75.00 + VAT).
£60.00 including VAT (£50.00 + VAT).
From £175.00 for a one-bedroom property, increasing according to property size.
The EICR is provided by an external contractor and the contractor's charge is treated as a third-party disbursement. The applicable cost will be confirmed before instruction.
£48.00 including VAT (£40.00 + VAT).
£60.00 including VAT (£50.00 + VAT).
£60.00 including VAT (£50.00 + VAT).
£72.00 including VAT (£60.00 + VAT).
£30.00 including VAT (£25.00 + VAT) for arranging and monitoring the annual check. The contractor's charge for completing the Gas Safety Check is payable separately by the landlord.
£90.00 including VAT (£75.00 + VAT), where an additional inspection within a six-month period is requested by the landlord.
£90.00 including VAT (£75.00 + VAT) per inspection.
From £150.00 including VAT (£125.00 + VAT).
£90.00 including VAT (£75.00 + VAT).
£118.80 including VAT (£99.00 + VAT).
£60.00 including VAT (£50.00 + VAT), plus the actual value of credit added to the meter.
Commercial Landlord Fees
Commercial Let & Management
6% of the annual rent including VAT (5% + VAT), subject to a minimum charge of £660.00 including VAT (£550.00 + VAT).
13.2% of the monthly rent including VAT (11% + VAT).
£48.00 including VAT (£40.00 + VAT) per client.
£118.80 including VAT (£99.00 + VAT).
18% of the first month's rent including VAT (15% + VAT).
Equivalent to one month's rent, including VAT.
£354.00 including VAT (£295.00 + VAT), where applicable under the Agency Agreement.
1.2% of the final selling price including VAT (1% + VAT). A separate sales agreement will be required.
Where dual agency is undertaken, the applicable fee will be equivalent to the other agent's fee or our applicable fee, whichever is greater.
Commercial Tenant Finder
12% of the annual rent including VAT (10% + VAT), subject to a minimum charge of £780.00 including VAT (£650.00 + VAT).
£48.00 including VAT (£40.00 + VAT) per client.
£118.80 including VAT (£99.00 + VAT).
£354.00 including VAT (£295.00 + VAT), where applicable under the Agency Agreement.
Important Information
The exact fees applicable to an individual instruction will be confirmed in the relevant Simple Lettings & Sales Agency Agreement.
Where a service is supplied by a third-party contractor or treated as a disbursement, the applicable third-party cost will be confirmed where required before instruction.
Simple Lettings NW Ltd trading as Simple Lettings & Sales
Compliance
Professional Memberships & Client Money Protection
Simple Lettings NW Ltd, trading as Simple Lettings & Sales, is a member of Property Redress, an independent government-authorised redress scheme.
Property Redress Membership No: PRS012272
Simple Lettings NW Ltd is also a member of Client Money Protect, providing client money protection for landlords and tenants.
Client Money Protect Membership No: CMP004509