28A Queensway, London W2 3RX

02073134177

Tenants fees (All fees unless otherwise stated are inclusive of VAT)

For any tenant renting a home under an Assured Shorthold Tenancy (AST) the following are payable or potentially payable:

1 - Amendments of Tenancy Agreement at tenant’s request : £60 (£50 plus VAT)

2 - Unpaid rent will potentially incur interest at 3% above the Bank of England base rate, as outlined in the Tenancy Agreement.

3 - Tenants are liable for the cost of replacing any lost keys or security device, including a change of lock or replacement of device if required.

4 - Should a tenant need to surrender the tenancy early and the Landlord agrees to re-let the property, the liability for the payment of rent will end once a new tenant is found and takes up occupation. However, the tenant will still need to cover the Landlord’s costs in surrendering the tenancy and re-letting the property.

5 - Utilities registration service (optional ) : £24 if requested (£20 plus VAT)

For any individual tenant not renting a property under an Assured Shorthold Tenancy the following charges are also payable:

1 – Administration Fees: £420 (£350 plus VAT)

2 – References Fees: £54 (£45 plus VAT)

3 – Guarantor Fees: £54 (£45 plus VAT)

4 - Inventory Check out

Studio
£168 (£ 140 plus VAT)
1 Bedroom
£ 192 (£ 160 plus VAT)
2 Bedroom
£216 (£ 180 plus VAT)
3 Bedroom
£240 (£ 200 plus VAT)
Any Additional Room / Bathroom
£24 (£ 20 plus VAT)

For Any Company Let The following charges are also payable

If a tenant decides to rent a property through Let’s Talk Property in the name of a business or company the tenancy administration and reference charge will be £504 (£420 plus VAT) for a new tenancy and £420 (£350 plus VAT) for every renewal.

For any existing Tenancy

1 - Renewal agreement: fee within an existing tenancy : £420 (£350 plus VAT)
This charge applies when you wish to continue to renew your tenancy after it expires. This cost cover a variety of works including but not limited to negotiating the new tenancy and drawing up contracts. This charge is applicable per tenancy.
2 - Change of sharer: within an existing tenancy : £420 (£350 plus VAT)
This charge applies when you wish to replace a named tenant with another tenant part way through your tenancy and your landlord has agreed to the change. This cost cover a variety of works including but not limited to preparing all the documentation relating to the change.
3 - Deed of surrender: £420 (£350 plus VAT) + Landlords Fees.
This charge applies to preparation of documentation where, at your request, the landlord has agreed to release you from the tenancy early. Should a tenant need to surrender the tenancy early and the Landlord agrees to re-let the property, the liability for the payment of rent will end once a new tenant is found and takes up occupation. However, the tenant will still need to cover the Landlord’s costs in surrendering the tenancy and re-letting the property
4 - Replacing keys: Tenants are liable for the cost of replacing any lost keys or security device, including a change of lock or replacement of device if required.
5 - Utilities registration service (optional ): £24 (£20 plus VAT) per person if requested

6 - Inventory Check out

Studio
£168 (£ 140 plus VAT)
1 Bedroom
£ 192 (£ 160 plus VAT)
2 Bedroom
£216 (£ 180 plus VAT)
3 Bedroom
£240 (£ 200 plus VAT)
Any Additional Room / Bathroom
£24 (£ 20 plus VAT)

Landlords fees (All fees, unless otherwise stated, are exclusive of VAT)

Minimum letting fee is £1200.00 (£1000 plus VAT)

1 - Long Term
Lettings only: 12% (10% plus VAT)
Lettings & property management: 19.2% (16% plus VAT)
2 - Short terms
Lettings only: 24% (20% plus VAT)
Lettings & property management: 38.4% (32% plus VAT)
3 - Tenancy administration fee: £360 (£300 plus VAT)
This is a fixed cost fee that can cover a variety of works depending on the individual circumstances of each tenancy, including but not limited to drawing-up the tenancy agreement, its implementation, registering the deposit and arranging all other pre-lettings services.
4 - Tenancy renewal administration fee: £360 (£300 plus VAT)
This is a fixed cost fee that can cover a variety of works depending on the individual circumstances of each tenancy, including but not limited to negotiate contracts, amend and update terms, arrange a further tenancy.
5 - Referral fees:
We may receive and retain fees from contractors in relation to work we instruct them to do on your behalf. These fees may be up to 12.5% plus VAT of the total of the contractor’s invoice (exc VAT)

6 - Miscellaneous

Registration and administration of the deposit (DPS)
£ 60 (£ 50 plus VAT)
Arranging works
£ 180 (£150 plus VAT) per hour
Letting in contractors
£ 180 (£150 plus VAT) per hour
EPC
£120 (£100 plus VAT)
Gas certificat
£120 (£100 plus VAT)
Portable Appliance Test (PAT)
£120 (£100 plus VAT)
Carbon Monoxide Alarm (per alarm)
£120 (£100 plus VAT)
Smoke detector (per alarm)
£120 (£100 plus VAT)
Documenting extension, renewal, or variation of a tenancy
£360 (£300.00 plus VAT)
Land Registry check
£12 (£10.00 plus VAT)
Electrical Installation Condition Report (EICR)
£180 (£150 plus VAT)
Preparing deposit claim for DPS adjudication (non-managed)
£300 (250.00 plus VAT)

7 - Tenant references: £54 (£45 plus VAT) per prospective tenant which will include:
Employment and Income Details. Whether your prospective tenant is employed, contracted, self-employed or retired a FCA regulated company will verify their income and confirm the terms of their employment where applicable. On the basis of these checks you will be advised as to whether or not they'll realistically be able to afford the rent.
Credit, Fraud and CCJ Checking. A FCA regulated company will run a series of thorough credit history checks to ensure your prospective tenant's financial stability and previous credit worthiness. Any court judgements, bankruptcies, regular missed payments or other alarming facts will come to light.
Previous Landlords. Where the tenant has been living in rented accommodation previously, a FCA regulated company will have frank discussions with their previous landlord(s) to find out if the rent was always paid on time and whether the property was maintained acceptably. This is often the most important stage of the process as it can reveal a whole host of problems which you'd like to know about before committing to a tenancy.

8 - Inventory Check in

Studio
£168 (£ 140 plus VAT)
1 Bedroom
£ 192 (£ 160 plus VAT)
2 Bedroom
£216 (£ 180 plus VAT)
3 Bedroom
£240 (£ 200 plus VAT)
Any Additional Room / Bathroom
£24 (£ 20 plus VAT)

9 - Inventory Check out

Studio
£168 (£ 140 plus VAT)
1 Bedroom
£ 192 (£ 160 plus VAT)
2 Bedroom
£216 (£ 180 plus VAT)
3 Bedroom
£240 (£ 200 plus VAT)
Any Additional Room / Bathroom
£24 (£ 20 plus VAT)

10 - Service of Notices to terminate a Tenancy when we are not managing the Premises: £144 (£120 plus VAT)

Sellers fees

Sole agency: 2.4% (2% + VAT)

Multiple agency: 3.6% (3% + VAT)

Miscellaneous (excluding Vat)

Arranging works
£ 180 (£150 plus VAT) per hour
Letting in contractors
£ 180 (£150 plus VAT) per hour
EPC
£120 (£100 plus VAT)
Gas certificat
£120 (£100 plus VAT)
Portable Appliance Test (PAT)
£120 (£100 plus VAT)
Carbon Monoxide Alarm (per alarm)
£120 (£100 plus VAT)
Smoke detector (per alarm)
£120 (£100 plus VAT)
Land Registry check
£12 (£10.00 plus VAT)