Agency Fees for Landlords

What are the agency fees

and how are they calculated?

Professionally managed rental apartment interior

Scale of Fees for Long Term Lettings for the initial assumed term of twelve months

  • Tenant Finders Fee: 8% + VAT = 9.6% (first year of the tenancy)
  • Tenancy Management Fee: 4% + VAT = 4.8% (second and subsequent years if the tenants remain in the property)
  • Property Management Fee: 5% + VAT = 6%
  • Tenant Finders Fee and Property Management: 13% + VAT = 15.6% (for the first year of the tenancy)
  • Tenancy Management and Property Management Fees: 9% + VAT = 10.8% (second and subsequent years if the tenants remain in the property)

Accommodate Management will charge the full Tenant Finders Fee (9.6%) on the first year only. An annual Tenancy Management Fee will be charged at the start of the second year, same applies to subsequent years on a tenancy agreement. In effect, you will receive a 50% discount on a tenancy after the first year. All fees are paid and allocated in the period that they relate to.