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
View our full terms and conditions for commercial property here.
| 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
View our full terms and conditions for property sales here.
| 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
View our full terms and conditions for our search service here.
| 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 |
|
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. |