Following is a breakdown of fees normally charged to Landlords by M & M Property
For a Let Only Service
For marketing the property, carrying out
viewings at the property, sourcing tenants for
the property and processing the tenancy
Renewal Fees
For drawing up the Tenancy Agreement
Deposit Registration Fee
Exclusive of VAT
8.5% of the first years rent, +
VAT, subject to a minimum
fee of £450.00 + VAT
5% of the second years rent
+ VAT reducing to 3.75% of
the annual rent in year 3 and
each subsequent year
thereafter
£39.95
Included in Let Only Fee
Inclusive of VAT
10.2% of the first years rent,
incl VAT, subject to a
minimum fee of £540.00 incl
6% of the second years rent +
VAT and 4.5% of the annual
rent in year 3 and each
subsequent year thereafter
Exclusive of VAT
8.5% of the first years rent +
VAT. subject to a minimum
fee of £450.00
5% of the second years rent
+ VAT reducing to 3.75% of
the annual rent in year 3
and each subsequent year
thereafter
£39.95 + VAT
2.5% of each months’ rent,
plus VAT for the duration of
the tenancy.
Included in Let Only Fee
Inclusive of VAT
10.2% of the first years rent,
incl VAT. subject to a
minimum fee of £540.00
6% of the second years rent
including VAT and 4.5% of the
annual rent in year 3 and
each subsequent year
thereafter
£47.94 incl VAT
3% of each months’ rent,
including VAT for the duration
of the tenancy.
Included in Let Only Fee
Exclusive of VAT
15% of each months’ rent,
plus VAT, for the duration of
the tenancy
Inclusive of VAT
18% of each months’ rent,
including VAT for the duration
of the tenancy
£250.00 + VAT
£300.00 incl VAT
£25.00 + VAT
Included in Management Fee
£30.00 incl VAT
Included in Management Fee
£47.94
Included in Let Only Fee
For a Let-Only with Rent Collection Service
For marketing the property, carrying out
viewings at the property, sourcing tenants for
the property and processing the tenancy
Renewal Fees
For drawing up the Tenancy Agreement
Rent Collection Fee
Deposit Registration Fee
For a Full Management Service
For marketing the property, carrying out
viewings at the property, sourcing tenants for
the property, collecting the rent each month
and handling the day to day management of
the property
For Setting up the tenancy and for drawing up
the Tenancy Agreement
For filing a quarterly return to HMRC
Deposit Registration Fee
Miscellaneous (3rd party Charges)
Inventory/Check-In
Gas safety inspection
EPC
Electrical Safety Inspection
Exclusive of VAT
Varies according to the size
of the property
£60.00
£66.00
Varies according to the size
of the property
M & M Property is a member of The Property Ombudsman scheme
M & M Property is a member of a Client Money Protection scheme
Inclusive of VAT
Varies according to the size
of the property (£66 £72.00
£69.20
Varies according to the size
of the property