FEES
Sales Fees
At Belmont International we have four sales services we can offer as follow:
Sole Agency: 1.5% + VAT
Our most popular service whereby we are acting solely for a minimum 3 months to secure you a buyer. Beyond that time, we will need you to serve 2 weeks’ notice to us to change this instruction.
Joint sole agency: 2.25% + VAT
Belmont International work alongside another agent of your choice where both agents are guaranteed a portion of the fee regardless of who identifies the purchaser.
Joint Agency: 2% + VAT
Belmont International 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.
Multiple Agency: 3% + VAT
Belmont International acting alongside as many agents as you choose to instruct, again on a winner takes all basis.
Landlord Fees
Letting only service: 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.
Letting Only Service with Rent Collection: 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 its collected. The landlord remains the main point of contact from day to day but again we assist with advising on the renewal.
Management Service: 12% + VAT
This service is the same as the letting only and rent collection but Belmont International become 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 as they 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 charge and ground rent invoices are paid from the rent if the landlord has requested for us to administer these on their behalf or will request funds where necessary.
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).
Additional Landlord Admin Fees:
New Tenancy Administration Fee (£350 + VAT) contributes towards drawing up the tenancy
agreement, collecting references on the new tenant, protecting the security deposit with a
Government-authorised Scheme and provides the tenant(s) with a Deposit Certificate and
Prescribed Information within 30 days of the start of the tenancy.
Renewal Fee (Landlord share £144) is paid in order to negotiate contracts, amend and update terms,
arrange a further tenancy and re register the security deposit with a Government-authorised
scheme. It provides the tenant(s) with a Deposit Certificate and Prescribed Information within 30
days of the start of the tenancy.
Start of Tenancy Check Out Fee There will be a contribution of £144 towards an independent
inventory clerk to carry out a check-out report, payable at the commencement of the tenancy.
Professional Inventory Report – upon your instruction we will arrange for an inventory clerk to
prepare an inventory for your property. The cost of the inventory will vary from £100 to £300
depending on the size and level of furnishing.
An International Bank Transfer Fee (£25) applies when we are instructed to transfer funds overseas.
Non-Scheduled Attendance at Property Fee (£68 for the first hour and £36 for any additional hours)
applies when we are required to attend the property outside the terms of our contractual
obligations. This includes attending for deliveries or waiting for contractors.
Energy Performance Certificate (£110 )upon your instruction we will arrange for an energy assessor
to visit the property, assess the energy rating and issue the certificate.
Gas Safety Certificate (£85) upon your instruction we will arrange for a registered engineer to visit
your property and carry out the relevant safety checks before issuing the certificate.
All prices include VAT
