The following is a breakdown of fees normally charged to Landlords by M & M Property
For a Let Only Service
Exclusive of VAT
Inclusive of VAT
For marketing the property, carrying out viewings at the property, sourcing tenants for the property and processing the tenancy
8.5% of the first years rent, + VAT. Subject to a minimum fee of £450.00 + VAT
10.2% of the first years rent, incl VAT, subject to a minimum fee of £540.00 incl
Renewal Fees
5% of the second years rent + VAT reducing to 3.75% of the annual rent in year 3 and each subsequent year thereafter
6% of the second years rent + VAT and 4.5% of the annual rent  in year 3 and each subsequent year thereafter
For drawing up the Tenancy Agreement
£39.95
£47.94
Deposit Registration Fee
Included in Let Only Fee
Included in Let Only Fee
For a Let-Only with Rent Collection Service
Exclusive of VAT
Inclusive of VAT
For marketing the property, carrying out viewings at the property, sourcing tenants for the property and processing the tenancy
8.5% of the first years rent + VAT. Subject to a minimum fee of £450.00
10.2% of the first years rent, incl VAT. subject to a minimum fee of £540.00
Renewal Fees
5% of the second years rent + VAT reducing to 3.75% of the annual rent in year 3 and each subsequent year thereafter
6% of the second years rent + VAT and 4.5% of the annual rent  in year 3 and each subsequent year thereafter
For drawing up the Tenancy Agreement
£39.95 + VAT
£47.94 incl VAT
Rent Collection Fee
2.5% of each months’ rent, plus VAT for the duration of the tenancy.
3% of each months’ rent, including VAT for the duration of the tenancy.
Deposit Registration Fee
Included in Let Only Fee
Included in Let Only Fee
For a Full Management Service
Exclusive of VAT
Inclusive of VAT
For marketing the property, carrying out viewings at the property, sourcing tenants for the property, collecting the rent each month and handling the day to day management of the property
15% of each months’ rent, plus VAT, for the duration of the tenancy
18% of each months’ rent, including VAT for the duration of the tenancy
For Setting up the tenancy and for drawing up the Tenancy Agreement
£250.00 + VAT
£300.00 incl VAT
For filing a quarterly return to HMRC
£25.00 + VAT
£30.00 incl VAT
Deposit Registration Fee
Included in Management Fee
Included in Management Fee
Miscellaneous (3rd party Charges)
Exclusive of VAT
Inclusive of VAT
Inventory/Check-In
Varies according to the size of  the property
Varies according to the size of the property
Gas safety inspection
£60.00
£72.00
EPC
£66.00
£69.20
Electrical Safety Inspection
Varies according to the size of the property
Varies according to the size of the property