Useful Information
What to Expect when working with us.
Our Fees Explained
At Locate Estate Agents, we believe in complete transparency when it comes to our fees. Our competitive pricing structure is designed to provide exceptional value while delivering the highest standard of property management and letting services.
Note: All fees are dependent on the package that is chosen and plus VAT.
Fees to the Landlord
Management Fees
9%
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Tenant Find Fee
£500 +VAT
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Renwel Fee
£80
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Document Amendments
£65
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Fees to the Tenant
Document Amendments
£65
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Unpaid Rent Fees
3%
Above the Bank of England Base Rates
What can a tenant expect to pay before moving into a property?
Tenants can expect to pay the following before they move into a property:
1
The first months rent in advance of no later than 3 working days prior to the start of the tenancy. Rent will then be due each month for the duration of the tenancy.
2
A security deposit to be held with the Deposit Protection Scheme throughout the tenancy, equal to and not exceeding 5 weeks of the rent.
3
A holding deposit per application, per property equal to 1 weeks rent. Please note: this will not be retained by the firm unless circumstances dictate this in accordance with the tenant fee ban 2019.
As part of our commitment to follow AML Government Guidelines we will require two forms of ID from both vendor and purchaser. We will also require proof of funds from the purchaser when an offer is submitted.