Landlords’ are required to pay us a fee for the service we provide and the fee charged is dependant on the level of service the Landlord requires. Our standard fees are as follows:
Let Only Service – 6% plus VAT of the total rent collected for the rental period.
Letting & Rent Collection Service – 8% plus VAT.
Full Management Service – 10.5% plus VAT plus the cost of a professional inventory.
All deposits paid by tenants must be registered with a Tenancy Deposit Scheme within 30 days of the tenancy commencing. Where Duncan Perry Estate Agents are responsible for registering the Deposit, this will be done with the Deposit Protection Service (DPS) and we will also send them the deposit monies to hold until the end of the tenancy.
Where a Landlord registers the deposit, the Landlord may use a different scheme. This being the case, we will have the name of the scheme to which he/she is registered and their Landlord ID Number.
The Tenancy Agreement which tenants are required to sign will reflect the deposit scheme to which the Landlord is affiliated and will contain the Prescribed Information pertinent to that scheme.
Duncan Perry Estate Agents are members of The Property Ombudsman and are not currently a member of a client money protection scheme.