Manged Service Our monthly management fee is 11%, (minimum fee of £ 40.00 per month) of the rental income deducted from rents received where possible. Fees relating to each let tonew tenant(s) will be 50% of the monthly rental income, deducted at source for each new tenant. A discount for Landlords with more than 1 property is available. Non Managed Service (Let Only) Fee for each let to new tenant(s) on this service will be one month’s rent. A discount for Landlords with more than 1 property is available. Rent Collection Service Our monthly rent collection fee is 6%, (minimum fee of £ 35.00 per month) of the rental income deducted from rents received where possible. Fees relating to finding the tenant on this service will be 75% of the monthly rental income, deducted at source for each new tenant. A discount for Landlords with more than 1 property is available. Inventories Our cost for inventories range from £ 50.00 - £ 100.00 depending on the size of the property and if unfurnished or furnished. Other The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments. • A refundable holding deposit of up to 1 week’s rent. • A refundable tenancy deposit of up to 5 week’s rent. • A payment to alter the tenacy agreement, when requested by the tenant of upto £50 inc. VAT or reasonable costs incurred if higher. • Payments associated with early termination of the tenancy when requested by the tenant can vary. • Interest, at a rate of upto 3% above the Bank of England’s base rate, for late payment of rent (which is more than 14 days overdue). • A default fee for the replacement of a lost key or security device. • Payments to service providers in respect of utlities, communication services, TV licence and Counil Tax. • Other payments, permitted under appropriate legislation, including damages. Compass are members of the Property Redress Scheme and the Property Mark client money protection scheme.