Letting Fees Explained for Tenants
Pre-Tenancy & End of Tenancy Fees
Deposit
The Deposit will be calculated against six weeks rent. The formula: Monthly Rent x 12 / 52 x 6 = 6 Week Deposit.
Set up fee
£125+VAT (£150 incl. VAT) Referencing per adult tenant.
Guarantor fee
£50+VAT (£60 incl. VAT) Referencing a tenant’s guarantor.
Check-out fee
£160+VAT (£192 incl. VAT) Check out fee at expiration of tenancy.
End of Tenancy Reference Letter
£20+VAT (£24 incl. VAT).
During Your Tenancy
Change of/or Additional Tenant
£125+VAT (£150 incl. VAT) for amending contract and referencing.
Arrears Letter
£25+VAT (£30 incl. VAT) is charged for letters chasing late or non-payment of rent.
Unpaid Rent / Returned Payments
Interest is calculated daily at 4% above Barclay’s Bank PLC base rate on all outstanding monies from the date upon which each payment becomes outstanding until payment is received in cleared funds.
Tenancy Renewal Document
£80+VAT (£96 incl. VAT) for contract negotiations, creation of a new memorandum of agreement, updating the protected deposit with ‘Prescribed Information’ being issued.
Lettings Fees for Landlords
Non-Managed Tenancy including Rent Collection
Fee of 8%+VAT (9.6% incl. VAT) of total rent achieved to be taken on a monthly basis in line with our rent collection service; Renewal Fee: Fee of 6%+VAT (7.2% incl. VAT) of total rent achieved for the renewal period will be taken on monthly basis
Property Management Service Fee
Silver: 11%+VAT (13.2% incl. VAT). Renewal Fee 9%+VAT (10.8% incl. VAT).
Gold: 14%+VAT (16.8% incl. VAT). Renewal Fee: 12%+VAT (14.4% incl. VAT).
Platinum: 17%+VAT (20.4% incl. VAT). Renewal Fee: 15%+VAT (18% incl. VAT).
Additional Fees & Disbursements for Landlords
Inventory Check In
£160+VAT (£192 incl. VAT)
Annual Gas Safety Inspection
£90+VAT (£108 incl. VAT) for an inspection of gas appliances by a Gas Safe registered engineer and issuing of gas safety certificate.
Energy Performance Certificate
£90+VAT (£108 incl. VAT) for an inspection by a qualified energy assessor and issuing of a new E.P.C certificate.
Client Protection Scheme
The ‘MyDeposit’ insurance deposit protection scheme allows Go View London to hold a tenant's deposit in a client account whilst complying with our legal obligations to both landlord and tenant.
Redress Scheme
Go View London are proud members of three Redress Schemes: UK Association of Lettings Agents, National Landlord Association & The Property Ombudsman
