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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

Fee

Service Provided/Circumstances Required

How calculated

When payable

 

 

 

 

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

 

 

 

 

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

 

 

 

 

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

Fee

Service Provided/Circumstances Required

How calculated

When payable

 

 

 

 

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

 

 

 

 

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.

"I have learned to distrust landlords at every turn. CP Walker is a big exception. Always very courteous and down to earth. We were treated with respect, even though, as (postgrad) students, could have been regarded with suspicion. Good communicators. Addressed various issues (e.g., maintenance) on a quick - or at least very fair – timeframe. [Student Tenant for 1 year]"
Colin