Fees 2017-11-17T21:48:16+00:00

Management Options and Other Charges

Fully Managed Fees

Commission Rate:
(inc VAT) 12% per month (10% plus VAT – 12%)
(inc VAT) 10% for portfolio (8% plus VAT – 10%)
eg. If the monthly rent was £600 the fee would be (inc VAT) £72
Your commission will be calculated using the above formula based on the actual monthly rental amount agreed


Setting Up Fee
(inc VAT) £150 – For creation of the initial tenancy and then (inc VAT) £90 for the creation of second and subsequent tenancies


Extending Tenancies
(inc VAT) £60 – For the service of extending/renewing tenancies


Reviewing Rent
(inc VAT) £30 – For the service of renewing and implementing an increase in the rent


Termination fee (Applicable to Managed and Tenant Find)
(inc VAT) £300– Fee for termination of the tenancy prior to the contract being signed

Tenant Find Fees

Commission Rate:
(Inc VAT) 60% of first month’s rent for an initial 6 month contract
eg. If the monthly rent was £600 the fee would be (inc VAT) £360
Your commission will be calculated using the above formula based on the actual monthly rental amount agreed


(Inc VAT) 120% of first month’s rent for an initial 12 month contract
eg. If the monthly rent was £600 the fee would be (inc VAT) £720
Your commission will be calculated using the above formula based on the actual monthly rental amount agreed


Extending/renewal of contract to existing Tenant: (inc VAT) £300.00


For the services of checking out the existing Tenant: (inc VAT) £120.00

Clear and Transparent Tenant Fees

Prior to Move In:

Application Fee (inc VAT) £200/Per Person

This charge includes identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability. In addition, the contract negotiation (amending and agreeing terms) and completing the tenancy agreement.


Guarantor Referencing (inc VAT) £100/Per Guarantor (Only if required)

Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement.


Company Referencing (inc VAT) £200

This includes identity, financial credit checks and any other relevant information to assess affordability as well as contract negotiation (amending and agreeing terms) and completing the tenancy agreement.


Permitted Occupier (inc VAT) £50/Per person over 18 years of age

Processing application and associated paperwork and explaining rights and responsibilities to the named Tenant/s.

During The Tenancy:

Renewal Fee (inc VAT) £35

Contract negotiation, amending and updating terms for any further Tenancy and completion of all legal documentation necessary.


Early Release Fee (inc VAT) £250

The cost to release a Tenant early from the tenancy. This can only be agreed subject to securing a suitable replacement Tenant and full approval from the Landlord. In addition to the early release charge, the current Tenant will be responsible for any rent due up to and including the day prior to a new Tenant’s occupation.


Return of Bank Transfers/Standing Orders not due (inc VAT) £20

When a transfer is made to us which is not due, this charge covers our administration and bank charges incurred to reimburse those funds.


Rent Arrears at 4% pa above base rate

Interest will be payable for any rent arrears of more than 14 days.


Late Rent Charge/Recalled Payments (inc VAT) £25

If rent is late by 7 days or more the above fee will be charged. In addition, in the event that any Standing Order/Bank Transfer is recalled, this fee will be payable by the Tenant in every instance.


Accompanying a Contractor to the property (inc VAT) £30

Should a member of Beasley & Partners staff need to attend a contractors appointment the above fee is payable.

Ending the Tenancy:

Checkout Fee (inc VAT) £35

Attending the property to carry out a final inspection and negotiating the repayment of the security deposit.


Future Landlord Reference (inc VAT) £20, for each individual reference supplied

Collating information and preparing a reference/letter for a future Landlord, Letting Agent or 3rd party.


Dilapidation Fee – To pay the Landlord’s Agent, at their discretion, administration fees of (inc VAT) 12% of the cost of works undertaken in respect of dilapidations, subject to a minimum of (inc VAT) £30.