TENANTS - There are NO FEE CHARGED TO TENANTS to let a property from us. All Rents are paid in ADVANCE and All DEPOSITS are held in a TENANTS DEPOSIT SCHEME and interest is paid on deposits held which is various amounts and can be disclosed to the tenants upon request. Any rents paid in advance are held in a Client account designated for this purpose.
However the following do apply For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
LANDLORDS - We charge and administration fee to our landlords of £250.00 as an charge for setting up the tenancy and then depending on the service the landlords choose
the following charges apply
PROPERTY MANAGED 10% OF RENT INCLUSIVE OF VAT
INTRO NON MANAGED 08% OF THE RENT FOR THE INTIAL TERM OF THE TENANCY (SIX OR TWELVE MONTH) INCLUSIVE OF VAT
These charges are only payable once a tenancy is created. We operate a "NO LET NO FEE" POLICY , However once a tenancy is created these fee and commissions
are payable at the start of the tenancy.
SALES - We charge Vendors 1.25% of the agreed sale price and this is inclusive of VAT again there is a "NO SALE NO FEE POLICY" and no charges are made to landlord for advertising a property to sell with Brentwood Estates Birmingham Limited.
Any other costs i e legal, conveyancing, surveys are direct with the Landlords and third party concerned as this is a service that would have to be instructed direct by the vendors and or purchasers and fees and costings provided by the service providers and Brentwood Estates Birmingham Limited
.