Landlord Fees
This information is intended to inform prospective Landlords of fees payable to CP Walker & Son. Please read and understand this information carefully before deciding whether to instruct us.
Management Clients
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Fee |
Service Provided/Circumstances Required |
How calculated |
When payable |
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Management Fee |
Letting; rent collection; inspections; professional advice; maintenance; providing accounts; deposit compliance; inventory; end of tenancy matters |
11% + VAT of gross rent receivable (13.2% including VAT) |
From rental income received |
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1st Year Withdrawal Fee |
If the Landlord terminates the Agreement in the 1st 12 months |
£395 + VAT (£474 including VAT) |
Within 14 days of demand |
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Duplicate Accounts |
Provision of duplicate accounts |
Charged at standard hourly rate of £75 + VAT (£90 including VAT) |
Within 14 days of demand |
Let Only Clients
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Fee |
Service Provided/Circumstances Required |
How calculated |
When payable |
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Let Only Fee |
Professional advice; Viewings; Referencing; Preparing Agreements; Collection of 1st Month’s Rent; Collection of Deposit and Deposit Compliance; Inventory; Notification to utility providers; Providing statement of account |
£395 + VAT (£474 including VAT) No Let – No Fee |
From rental income received |
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Let Only Fee – Joint/Multi Agency |
If the Landlord instructs more than one Agent to advertise the property |
£500 + VAT (£600 including VAT) No Let – No Fee |
From rental income received |
CP Walker & Son is a member of the RICS and as such is covered by its Client Money Protection Scheme.
CP Walker & Son is a member of the "Ombudsman Services: Property" Redress Scheme.
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