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Lettings • Sales • Block Management

Landlord Fees

Full management

Commission

14% + VAT (16.8%) of gross rent, deducted monthly

Deposit Management

£25.00 + VAT (£30.00) per annum

6 months minimum let. The commission rate agreed at the start of any tenancy is applicable throughout the tenant's occupation.

Tenant find and rent collection

Commission

11% + VAT (13.2%) of gross rent, deducted monthly

Deposit Management

£40.00 + VAT (£48.00) per annum

6 months minimum let. The commission rate agreed at the start of any tenancy is applicable throughout the tenant's occupation.

Tenant finding only

75% + VAT (90%) of one month's rent, charged at the outset. Minimum charge £400 + VAT (£480)

Tenancy agreements

The charge for the tenancy agreement is shared between the landlord and the tenant. Prices below are for the landlord's portion only.

Preparation of Tenancy Agreement

£50.00 + VAT (£60.00)

Preparation of tenancy agreement only
(client not using another service)

£125.00 + VAT (£150.00)

Extension to existing agreement

£50.00 + VAT (£60.00)

Addendum to agreement

£30.00 + VAT (£60.00)

Inventories and schedules of condition

Unfurnished Property *

From £90.00 + VAT (£108.00) to £300.00 + VAT (£360.00)

Furnished Property *

From £90.00 + VAT (£108.00) to £325.00 + VAT (£390.00)

Energy Performance Certificates

£95.00 + VAT (£114.00)

* Depending on the size of the property

Other fees

Tax retention/returns for overseas landlords

£250.00 + VAT (£300.00) per annum

Property refurbishment project management

12% + VAT (14.4%) of gross cost

Other Services outside normal management *

£45.00 + VAT (£54.00) per hour

* This will include such services as dealing with disputes and insurance claims and court attendance.

Withdrawal

If a landlord withdraws a property, or lets it through another source, or the property sold whilst being marketed by Dorset Property, a cancellation fee of £200 + VAT (£240) will be charged to cover our marketing and administration costs.

Termination

In the event that the tenancy becomes periodic after a fixed term and the landlord wishes to terminate the contract with Dorset Property, the landlord must give Dorset Property of one month's notice of termination in writing and a termination fee of the equivalent of three months commission will be charged. This will be deducted from the last month's rent.

Property sale

In the event of a sale of a property to any person introduced to the owner by Dorset Property, a commission of the equivalent of 1% + VAT (1.2%) of the purchase price will be charged on completion. This will be the subject of a separate contract at the outset.