Depending on the level of service selected Sears & Co will either take a percentage of the first months rent (70% - 120% including vat for our tenant find only service depending on the size & value of the property) as a one off commission. If you are receiving a managed service we will take a monthly payment of between 6 - 12.5% of the monthly rental including vat dependant on the size and value of the property being let. There is also a one off fee for tenancy set up priced at £80 inc vat.
Relevant letting fees and tenant protection information
As well as paying the rent, you may also be required to make the following permitted payments.
Before the tenancy starts (payable to Sears & Co Estate & Letting Agents 'The Agent')
Holding Deposit:1 week's rent
Deposit:5 weeks' rent
During the tenancy (payable to the Agent)
For English properties:
Changes to the tenancy agreement: £50
Payment of interest for the late payment of rent at a rate of 3%
Charge for the reasonably incurred costs for the loss of keys/security devices: £5 per key
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy
During the tenancy (payable to the provider) if permitted and applicable
- Utilities - gas, electricity, water
- Communications - telephone and broadband
- Installation of cable/satellite
- Subscription to cable/satellite supplier
- Television licence
- Council Tax
Other permitted payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Sears & Co Estate & Letting Agents is a member of Propertymark Client Money Protection which is a client money protection scheme, and also a member of The Property Ombudsman which is a redress scheme. You can find out more details on the agent's website or by contacting the agent directly. Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes). Relevant fees must also be published on third party websites, such as Rightmove. For properties to rent in England, details of the agent's membership of any redress scheme and client money protection scheme must also be published with their fees on Rightmove. It is the agent's responsibility to ensure that all relevant information is provided to. Rightmove and is up to date and accurate. If the relevant information does not appear here, the agent may have included it within the property description.