At Garton Jones Estate Agents we have three sales services we can offer as:
Sole Agency: 2.10% Incl. VAT (1.75% + VAT)
Our most popular service whereby we are acting solely for a minimum of 3 months to secure you a buyer. Beyond that time, you must serve 2 weeks’ notice to us to change this instruction.
Joint Agency: 2.50% Incl. VAT (3% + VAT)
Garton Jones working alongside another agent of your choice as above, but on a winner takes all basis i.e. whichever of the two agents agrees and then completes your sale gets, the full sales fee. It is usually us so you might want to reconsider taking the sole agency option.
Multiple Agency: 3.60% Incl. VAT (3% + VAT)
Garton Jones acting alongside as many agents as you choose to instruct, again on a winner takes all basis as per the joint agency fees above.
Letting only service: 9.60% inc VAT (8% + VAT)
This service applies to landlords who wish for us to find the tenant but choose to manage their own property for the duration of the tenancy. We assist with your rent renewal, but you are the day-to-day point of contact for the tenant once they have taken possession.
For example, if the rent is £100 per month the fee would be £9.60 per month.
Letting Only Service with Rent Collection: 12% inc VAT (10% + VAT)
This is the same as the letting-only service, but we collect the rent on the landlord’s behalf and will pay it over as it\'s collected. The landlord remains the main point of contact from day to day but again we assist with advising on the renewal.
For example, if the rent is £100 per month the fee would be £12 per month.
Management Service: 14.40% inc VAT (12% + VAT)
This service is the same as the letting-only and rent collection but Garton Jones becomes the sole point of contact for both the landlord and tenant. Both parties will be assigned a property manager as soon as the tenancy commences who will then take care of handling any problems that may arise on behalf of the landlord. The property manager will visit the property twice a year to inspect it and make sure all is in order and will ensure service charges and ground rent invoices are paid from the rent if the landlord has requested for Garton Jones to administer these on their behalf or will request funds where necessary.
For example, if the rent is £100 per month the fee would be £14.40 per month.
Short Let service: 30% inc VAT (25% + VAT)
This service applies to landlords who wish to let their property for any period less than 90 days (3 months).
For example, if the rent is £100 per month the fee would be £30 per month.
Additional Admin Fees:
Tenancy Agreement: £240 inc VAT (£200 + VAT)
For drawing up a tenancy agreement between the landlord and tenant at the start of a new tenancy. The tenancy will not commence until this document has been signed by both parties and cleared funds have been received from the tenant
Tenant Reference Per Tenant: £60 inc VAT (£50 + VAT)
Referencing a tenant before the move-in. This cost is now the liability of a landlord should you wish your tenant to be referenced before they move in. We strongly recommend they are.
Cancelling a Let before a tenant moves in: £300 inc VAT (£250 + VAT)
A landlord will be liable to pay this fee if they change their mind and withdraw from the let 72 hours before it is due to go ahead. You try working for nothing and see how you like it!!
Check in and Inventory Report: £153.36 inc VAT (£127.80 + VAT) - £394.92 inc VAT (£329.10 + VAT)
We will arrange this on your behalf with a third-party clerk at the start of a new tenancy. Please note prices are subject to change and determined by the size of the property but you will be notified of the costs before this goes ahead.
We will arrange this on your behalf with a third-party clerk at the end of the tenancy. Typically, we aim to use the same clerk that did the check-in. Please note prices are subject to change and determined by the size of the property but you will be notified of the costs before this goes ahead.
An electrical certificate is now required by law on all new and existing tenancies and is valid for 5 years. Please note this cost does not include any remedial work to bring the property up to current regulations, should the test fail, and will be quoted separately.