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Fees and Terms

Our regular charges for our full range of services can be found below.

All prices listed include VAT as required by Trading Standards. Many of our competitors list their fees excluding VAT so please be aware when making comparisons.

If you own a portfolio of properties, please contact us for a bespoke quotation.

You can find our management service terms and conditions here.

Tenant Fees

Service Price (inc VAT)
Company Lease
£350 administration charge for setting up a Company Lease. £100 for amending a Company Lease of Directors Guarangee
Novation Agreements
If the tenant finds the replacement - £125 per tenant changing + £10 per tenant on the tenancy agreement over one . If Purple Frog find a replacement tenant - £125 per tenant changing + £10 per tenant on the tenancy agreement over one, plus a fee of 50% of the monthly rent or a minimum of £250 per tenant
Late Rent Payments
Interest will be charged at 3% above the Bank of England base rate of interest from the date the payment was late until it is paid.

Landlord Fees

Let Only Fees (Residential and Student)

Whole Property Lets

Service Price (inc VAT)
1-3 properties
50% of one months' rent, minimum £395
4 -6 properties
45% of one months' rent, minimum £395
7-10 properties
40% of one months' rent, minimum £395
10> properties
Please contact us for a bespoke quotation.

Renewal / Room Lets

Service Price (inc VAT)
Let only renewal
20% of one months' rent, minimum £250
Let only (room let)
50% of one months' rent, minimum £250

All tenancy paperwork is provided electronically; if paper copies are required, an additional charge of £35 per tenancy is payable by the landlord.

Property Management Fees (Residential and Student)

Service Price (inc VAT)
1-3 properties
14% of monies collected, set up fee of £495
4 -6 properties
12% of monies collected, set up fee of £495
7-10 properties
11% of monies collected, set up fee of £495
10> properties
Please contact us for a bespoke quotation.

Set up fees are payable per tenancy created. If rooms are let individually, set up fee of £195 will be charged per room.

Purpose Built Student Accommodation

Service Price (inc VAT)
Management fee
Quotation on request
Consultation report

Commercial Property

Service Price (inc VAT)
Upfront fee
£395 (includes letting board, floor plan and brochure)
Letting fee
10% of gross annual rent agreed
Management fee
3% of monies collected

Project Management / Interior Design

Service Project Management (inc VAT) Interior Design (inc VAT)
Stage 1: Feasibility
FREE
FREE
Stage 2: Planning and Quotation
£395, or £995 if planning required
£245
Stage 3: Project Management
Works under £10k, 15%, over, 10%
Works under £10k, 15%, over, 10%

Property Sales

Service Price (inc VAT)
Sole agency
1.5% of the gross sale price, minimum £3,000
Multi agency
3% of the gross sale price, minimum £6,000
Abortive fee
£1,495

Search Service

Service Price (inc VAT)
Search fee
Managed clients: 2.5% of gross sale price. Other clients 3.5% of gross sale price.
Registration fee
£195
Viewing fee
£95 per property, includes summary report

Additional Fees /Services

Service Price (inc VAT)
Energy Performance Certificate (EPC)
£85 per property (max 7 beds) + £5 per bedroom thereafter
Deposit protection
£50 per tenancy (joint AST, or £20 per individual tenancy)
Inventory
£150 per property (max 7 beds), + £5 per bedroom thereafter
Check out inspection
£50 per property (max 7 beds), + £5 per bedroom thereafter
Property inspection
£75 per property (max 7 beds), + £5 per bedroom thereafter
Fire detection system test (internal)
£35 per property (excluding PBSAs)
Service of Notices
£45 (s21 notices are issued for free under full management)
HMRC return for non-resident landlords:
£120 per year per property
Project management fee (works over £1,000)
15%
Court/tribunal appearance
£250 per employee per day
Single claim
£150 per claim
Gutter and drain clearing
£65 per property per visit (max 7 bed property)
Bespoke tenancy agreement set up/change
£195
Copy statements
£10 per statement
Annual summary statement
£25 per property
Interim payment (payment requested in addition to rent payment)
£25 per payment, plus £5 per property payment relates to
Split payments (multiple payments per landlord entity)
£15 per additional payment
Nominated client account
£200 per calendar month
HMO application fee
New: £495, renewal £295
Certificate of lawful use application
£595
HMO and COLU application together
£845
Early termination fee (let only)
If a let has been agreed, equivalent to the fee for our let only service.
Early termination fee (full management)
75% of the fees that would have been payable in the absence of early termination
Property unavailable fee (where the landlord fails to let us know the property no longer available)
£350 per property
Abortive fee (terms of the tenancy agreed but you decided to withdraw)
Full management fee or let only fee as if the tenancy had proceeded plus £150 compensation to each tenant.
Delayed delivery fee (property not made available to tenants on time)
Provide suitable alternative accommodation for tenants plus £50 compensation per tenant per week. If the property is habitable but not complete, £25 compensation per tenant per week. In addition to the full fees which would have been due to Purple Frog, had the property been made available on time.

Comision and Referral Fees

Any commissions, referral fees or other income earned by us while carrying out our duties shall be retained by Purple Frog.

Our
contractors may pay a referral fee to us. The fee paid will be included within the contractor’s invoice and could be up to 15% of the total invoice amount depending on the service provided, the details of which are available on request. This does not affect the final amount you pay.

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