Exeter Estate Agents

Landlords' fees

TENANCY SET UP ONLY    
60% + VAT (72% including VAT*) of the first month’s gross rent**
or

TENANCY SET UP & MANAGEMENT
Tenancy Set Up Fee - £300 (including VAT*), plus 10% + VAT (12% including VAT*) of the gross rent received thereafter
or

BESPOKE SERVICE    
Fees agreed as required

TENANCY RENEWAL FEE     
£120 (including VAT*) to prepare a new minimum fixed term agreement for an existing tenancy. N.B. No renewal fee charged if tenancy reverts to a Statutory Periodic Tenancy 

INVENTORY PREPARATION FEE    
Unfurnished from £120 (including VAT*) / Furnished from £144 (including VAT*) – increasing on a sliding scale depending on size of property

INVENTORY CHECK IN/OUT FEE    
Included in preparation fee if a managed service but agreed in advance if non-managed tenancy

*Assuming prevailing VAT rate of 20%
**Minimum fee applies (£400 inc. VAT*)

Tenants fees

Residential Tenant Fees

REFERENCING FEE

£195 per individual adult applicant.
£295 per adult couple, or for Company Let application. 
£50 per Guarantor (if applicable)


SECURITY/DAMAGE DEPOSIT** 
Normally equivalent to circa 6 weeks rent but the precise figure will be advertised and confirmed.


OTHER FEES/CHARGES

Inventory Check Out Fee    
From £78 (where applicable)

Tenancy Addendum Fee    
£120 (if at Tenants’ request and subject to Landlords’ approval). 

Late Rent Payment Admin Fee    
£24 (per rent chase letter or email sent – maximum fee frequency, until rent arrears settled, every 5 working days).

Replacement Key Fee    
£24 for a standard cylinder/mortice key or £42 for a coded security key (chargeable per key for any key/s lost or damaged by the tenants)

Ad Hoc Charges    
Winkworth reserve the right to charge an hourly rate of £60 (rounded up to the nearest half hour) for any additional work incurred on behalf of the tenants or incurred as a result of breach of tenancy by the tenants – however, the likelihood of Winkworth charging any such fees to be notified in advance to allow the tenants fair opportunity to avoid them.

 

Student Tenant Fees


REFERENCING FEES    
£195 per individual applicant (inc. Guarantor Agreement). N.B. £25 discount if existing Winkworth tenant.


SECURITY/DAMAGE DEPOSIT     
£500 per person if the monthly rent per person is less than £450. For higher rent properties, higher deposits will apply but will be confirmed prior to any application to rent being made. 


OTHER FEES/CHARGES

Tenancy Addendum Fee    
£120 (if at Tenants’ request and subject to Landlords’ approval). 

Late Rent Payment Admin Fee    
£24 (per rent chase letter or email sent – maximum fee frequency, until rent arrears settled, every 5 working days).

Replacement Key Fee    
£24 for a standard cylinder/mortice key or £42 for a coded security key (chargeable per key for any key/s lost or damaged by the tenants)

Ad Hoc Charges    
Winkworth reserve the right to charge an hourly rate of £60 (rounded up to the nearest half hour) for any additional work incurred on behalf of the tenants or incurred as a result of breach of tenancy by the tenants – however, the likelihood of Winkworth charging any such fees to be notified in advance to allow the tenants fair opportunity to avoid them.