The fee we charge will depend on the type of property you are selling, the asking price and the marketing you require. Please contact us for a free valuation, with no obligation to proceed, and we will be happy to provide you with a specific quote to meet your individual requirements. Please call TMS now on 01843 866055.
We charge 10% for full management and 7% for rent collection only. We charge a tenant find fee equivalent to 75% of the first month’s rent. All fees are plus VAT at the prevailing rate. Additional charges may apply and are detailed in our terms of business.
Our marketing fee is 20% of the gross booking. To arrange the cleaning & laundry and to deal with any maintenance issues we will charge a further 10%. The cleaning and laundry will be charged at cost. If you require TMS to provide a 24 hour emergency service our fees will increase by a further 5% to 35%. All fees are plus VAT at the prevailing rate.
The reference and admin fee for the first tenant is £210.00 inclusive of VAT and each additional tenant reference and admin fee is £150.00 inclusive of VAT thereafter. Should you require a guarantor there is also a £60 fee including VAT to reference them. There is a £100 holding fee which holds the property whilst the referencing is being completed and upon successful referencing and the landlords acceptance this is used towards the six week security deposit held in a government scheme. However, should your application not be successful the above fees will not be refunded. If you are part of a group, each individual member of the group must pass the references. If one or more does not pass & the application fails, then none of the fees will be refunded to any tenant. Should the landlord withdraw from the let the holding deposit will be refunded plus half the referencing and administration fee.