September 11, 2024

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Real Estate in 2024: What First-Time Buyers Need to Know

The property market in 2024 remains challenging, particularly for first-time buyers. With house prices staying high in many areas and interest rates fluctuating, navigating the home-buying process can feel overwhelming for those entering the market for the first time. However, by understanding the key factors influencing the market this year and approaching the process strategically, first-time buyers...

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Landlord Fees

One Months Rent plus VAT (of the achieved monthly rent)

  • Advertising and marketing
  • Arrangement of required safety and compliance certificates
  • Accompanied viewings
  • Negotiating tenancy offers
  • Full credit/reference checking of potential tenants
  • Collecting first months rent and deposit from the tenant
  • Arranging signature of the tenancy agreement by the tenant
  • Provide copy documentation to landlord and tenant
  • Provide tenant with method of payment information for future rents

Set-up fee 60% inc VAT (of the achieved first first months rent)

Rent Collection Fee 8% inc VAT per calendar month, gross rents due.

  • Advertising and marketing
  • Arrangement of required safety and compliance certificates
  • Accompanied viewings
  • Negotiating tenancy offers
  • Full credit/reference checking of potential tenants
  • Collecting first months rent and deposit from the tenant
  • Arranging signature of the tenancy agreement
  • Collect and remit the monthly rent received
  • Deduct commission and other works
  • Pursue non-payment of rent and provide advice on rent arrears actions
  • Make any HMRC deduction and provide tenant with the NRL8 (if relevant)
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