fees & terms

Standard Fees

Sole agency	3% (2.5% + VAT)
Multiple agency	3.6% (3% + VAT)

Other Fees

Energy Performance Certificate

£192 (£160+VAT)

Full conveyancing service. Please request individual quotations. Conveyancing will pay a referral fee to Guards Real Estate at their own discretion. This does not affect the amount of legal fees you pay or your ability to choose your own legal services provider.

Security Deposit

Deposit for a long-let tenancy	Equivalent to five weeks' rent
Deposit for a short-let tenancy	Equivalent to five weeks' rent

Holding Deposit

Holding deposit for all tenancies

One weeks rent

Other fees

Tenant Fees and Charges
Early Termination (At Tenant’s Request) If you wish to end your tenancy early and the landlord agrees, you may be responsible for the reasonable costs of securing a replacement tenant:
Marketing the property	£120 (£100 + VAT)
Referencing the replacement tenant	£79.20 (£66 + VAT)
Drafting new tenancy agreement	£270 (£225 + VAT)
Preparing and executing Deed of Surrender	£144 (£120 + VAT)
Administration & coordination	£0
Estimated Total: Up to £613.20 (£511 + VAT) These are estimates and will not exceed actual landlord/agent costs. You may help find a suitable replacement tenant.
Contract Variation / Novation / Occupant Change
At the tenant’s request within an existing tenancy	£50 (£41.67 + VAT)
Late Rent Fee
If rent is more than 14 days overdue	3% above Bank of England base rate
Lost Keys / Security Devices
Replacement cost	Actual cost of replacement

All fees unless otherwise stated are inclusive of VAT

Standard Fees

Lettings only	12% (10% + VAT)
- Renewal for 1st year	10.8% (9% + VAT)
- Renewal for 2nd year	9.6% (8% + VAT)
- Continuation period after renewals	8.4% (7% + VAT)
Management service (fees apply per property)
- 1-2 properties	7.2% (6% + VAT)
- 3-4 properties	6% (5% + VAT)
- 5 or more properties	4.8% (4% + VAT)
Short lets (inc obligatory management service)	28.8% (24% + VAT)
- Renewals on 1st 2 years	28.8% (24% + VAT)
Tenancy Agreement
- Long let	£270 (£225 + VAT)
- Short let	£270 (£225 + VAT)
Anti-Money Laundering and Identification Checking Fee	£36 (£30 + VAT)

Service Fees by Property Size

Size	Cleaning	Inventory/Check-in	Check-out	Electrical Report
Studio	£230.40 (£192 + VAT)	£210 (£175 + VAT)	£240 (£200 + VAT)	£288 (£240 + VAT)
1 bed	£288 (£240 + VAT)	£240 (£200 + VAT)	£240 (£200 + VAT)	£288 (£240 + VAT)
2 bed	£324 (£270 + VAT)	£270 (£225 + VAT)	£240 (£200 + VAT)	£360 (£300 + VAT)
3 bed	£396 (£330 + VAT)	£300 (£250 + VAT)	£240 (£200 + VAT)	£432 (£360 + VAT)
4 bed	£504 (£420 + VAT)	£360 (£300 + VAT)	£240 (£200 + VAT)	£540 (£450 + VAT)
5+ bed	£604.80 (£504 + VAT)	£390 (£325 + VAT)	£240 (£200 + VAT)	£648 (£540 + VAT)

Other Services

Additional Property Inspection	£144 (£120 + VAT)
Carbon Monoxide Alarm Installation	£90 + £24 per alarm (£75 + £20 + VAT)
Court Appearance (per day or part thereof)	£504 (£420 + VAT)
Deposit Protection Registration	£60 (£50 + VAT)
Energy Performance Certificate	£192 (£160 + VAT)
Fire Blanket	£24 (£20 + VAT)
Gas Safety Certificate	£192 (£160 + VAT)
HMRC Return for Non-Resident Landlords	£420 (£350 + VAT)
Income & Expenditure Report	£174 (£145 + VAT)
Legionella Risk Assessment	£192 (£160 + VAT)
Licensing Application Service Fee	£360 (£300 + VAT)
Portable Appliance Test	£192 (£160 + VAT)
Section 21	£144 (£120 + VAT)
Deed of Surrender	£144 (£120 + VAT)
Addendum Letter	£144 (£120 + VAT)
Smoke Alarm Installation	£90 + £24 per alarm (£75 + £20 + VAT)
Smoke & Carbon Monoxide Test (at tenancy start)	£72 (£60 + VAT)
Works Managed	12% (10% + VAT) of invoice total
Works Non-Managed	24% (20% + VAT) of invoice total

VIEW LETTINGS TERMS AND CONDITIONS

VIEW SALES TERMS AND CONDITIONS

Guards Real Estate does not charge credit card admin fees.