Category Archives: Letting Agency Charges

“Landlords” is your agent costing you money?

A lot of properties are staying empty, or taking their time to be let simply because agents are charging to much tenant/admin fees.  We here at Dover Lettings Agency understand the problem that’s why our tenant fees are fair and reasonable and also negotiable in certain cases.

The dearest in the local area is around £447.00 for one tenant plus another £60 if you want to move in on a Saturday, this does not include rent in advance or deposit. We understand there is more than one reason why properties stay empty, but one of factors is high tenant fees.

 

Landlords get in touch with us and see your income  grow.

 

“Landlords” is your agent costing you money.

“Landlords” is your agent costing you money.

Letting Agency Charges

The most popular method for a landlord to find a tenant is to include a letting agent into the formula. In these circumstances, we require people who are knowledgeable and who can assist us effectively, for this reason we hire agents. rental agents will provide us with all of this help for fees.

To make sure you will not be overcharged, you should know the fundamentals concerning the kinds of charges your letting agent will ask you to pay.

One of the more important duties a letting agent will perform is to introduce a tenant to a landlord, therefore aiding the transactions between them. Since this is the most important transaction, additionally it is the highest fee the rental agent necessitates.

low tenancy fees

low tenancy fees

As soon as you have the contract drawn up, the agent will ask for a percentage of the total monthly rent up-front. You need to make sure this fee stays between 6 percent and twelve percent. Any much higher percentage would require the letting agent to make clear the reason this is the case.

An administration fee is charged to a prospective tenant simultaneously as the introductory fee. Given that the letting agent has to perform background and consumer credit assessments, this fee will take care of all the paperwork.
low tenancy fees