Sales & Lettings Fees
Being independently owned we tailor our service to fit our clients needs, contact our lettings team to discuss how we can put together a package to suit you.
LANDLORD FEESOption 1 – Full Management
Fees payable to the Agent for our ‘Full Management Service’
A fee of three weeks rent of the first months’ rent plus VAT, then a fee of 12% Inclusive of VAT thereafter of the monthly rent (the “Commission”), payable monthly, upon receipt of the rent.
The Agent reserves the right to charge a fee of £25 per hour to deal with any dispute arising with the Tenant over the return of the Deposit and any other matter at the end of the tenancy if the time incurred on such dispute becomes excessive.
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Option 2 – Rent Collection Service
In addition to our Tenant Find Only Service (See Option 2) John Bray will collect the monthly rent, chase late rental payments, and advise on any relevant notices to be served. We are not legal representatives but will be able to pass you onto a company that specialise in this law and organise annual gas safety certificates through our qualified contracted plumbers.
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Option 2 – Rent Collection Service
A fee of three weeks rent plus VAT of the first months’ rent, then a fee of 9% Inclusive of VAT of the monthly rent (the “Commission”), payable monthly upon receipt of the rent.
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Option 3 – Tenant Find Only ServiceServices provided by the Agent:
Carry out initial market appraisal, provide a realistic market rental value of the Property, suggest where appropriate improvements to the Property to optimise this and advise on relevant safety regulations.
Arrange professional photographs and floorplan.
Advertise and promote the property, erect a To Let board.
Interview prospective tenants and arrange viewings with all suitable applicants.
Obtain satisfactory references on Tenants and any Guarantors.
Provide the landlord with a completed reference report.
Arrange a tentative move-in date with the tenant requesting funds.
Prepare and execute the Tenancy Agreement.
Receive the first month’s rent and security deposit.
Meet with the tenants to organising the signing of all documents and tenancy related documents.
Register the deposit with the DPS.
Provide the landlord with a completed move-in pack.
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Option 3 – Tenant Introduction Only Service FeesA fee of three weeks rent plus VAT.
By appointing us as sole agent, you agree that we shall market the Premises for a period of two months. The sole agency agreement can be terminated at the end of the fixed period by giving us two weeks written notice. If you do not terminate the sole agency it will continue until we receive your written instructions.
By appointing us as multiple agency you agree that we shall market the Premises for a period of twelve weeks. The multiple agency agreement can be terminated at the end of the fixed period by giving us two weeks written notice. If you do not terminate the multiple agency it will continue until we receive your written instructions.
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Additional FeesSection 13 Notice (rent increase) – £75 inclusive of VAT
Section 21 Notice (2 months’ notice to end tenancy) – £75 inclusive of VAT
AST (Assured Shorthold Tenancy) Agreement – £120 inclusive of VAT
Additional property inspections – £50 inclusive of VAT
Check In/Out Report
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Unfurnished PropertyStudio – £90
1 Bedroom – £90
2 Bedroom – £115
3 Bedroom – £140
4 Bedroom – £165
5+ Bedroom – £190
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Furnished PropertyStudio – £115
1 Bedroom – £115
2 Bedroom – £140
3 Bedroom – £165
4 Bedroom – £190
5+ Bedroom – £215
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Prices above are inclusive of the VATTaking a Deposit Dispute to ADR – £120 inclusive of VAT.
Sworn Statutory Declaration for single claim – £120 inclusive of VAT.
Renewal/amendment of AST – £120 inclusive of VAT for non-managed properties, £50 inclusive of VAT for managed properties.
NRL annual submissions to HMRC – £120 inclusive of VAT.
Additional Fees (outsourced to other companies – VAT may not always be applicable).
Energy Performance Certificate – £90 plus of VAT.
Electrical Safety Certificates – £150 – £250 dependent on size.
PAT Certificate – £72 inclusive of VAT for up to 5 Items.
Gas Safety Certificate – from £80 inclusive of VAT.
Gas Safety Certificate & Boiler Service – £120 inclusive of VAT.
Smoke detector – £30 each.
Carbon monoxide detector – £30 each.
Installation of detectors – £50 inclusive of VAT
Rent protection policy – depends on monthly rent, please contact us for a quote.
Legal expenses policy – depends on monthly rent, please contact us for a quote.
Section 8 Notice (possession with relevant grounds) – outsourced to solicitors. Solicitors fees payable.
Court attendance – outsourced to solicitors. Solicitors fees payable. If John Bray need to attend, £75 inclusive of VAT per hour.
Please contact us on lettings@johnbrayandson.com for further information.
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Holding Deposit – one weeks rent equivalent.Paid by you to reserve the Property. This will only be retained by us if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 14 calendar days.
Deposit – capped at 5 weeks rent where the annual rent is under £50,000 and 6 weeks rent where the annual rent is £50,000 or higher.
This will cover damages and defaults by the tenant as detailed in the AST during the tenancy. The holding deposit can be deducted from the remaining balance due at move-in or paid back to the tenant within 14 days and after successful completion of the reference reports.
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Late payment of RentInterest will be charged at 3% above the Bank of England Base Rate from Rent Due date until paid in full. This will not be levied until the rent is more than 14 days in arrears with the interest calculated back from the first day of the arrears.
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Lost Keys or security devicesTenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
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Variation or changes to an existing tenancy agreement – £50 (inc. VAT) per change.This charge will cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents. This also covers costs in ‘change of sharer’ situations and covers the landlords costs in securing a new sharing and associated legal requirements in processing that new sharers application.
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Early Termination as requested by TenantShould you wish to leave the property before the end of your tenancy agreement, and should the landlord agree to this, then you will be liable to cover the landlord’s costs of re-letting the property as well as any rent due under the terms of your tenancy agreement up until the point the replacement tenancy commences.
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Utility PaymentsTenants will remain responsible, unless agreed otherwise, for all utility payments, TV licence and Council Tax accounts. Please refer your AST for full information.
In the heart of the Old Town
Opened same year as the Pier
In 1831 the local population was just 10,000
Our first office was located at South Colonnade in 1872
Our Head Office was called Arlington House
Current office was once home to Parsons Son & Basley
Opened through two World Wars
Phil Spencer has visited us in the office
Featured on the BBC & Meridian
We’re a family owned business
Young John Bray showed a keen interest in the sea