C   MPASS
SERVICES & FEES
  Copyright 2024 Compass Property. All rights reservedRegistered in England and Wales. Registration 05840889 C   MPASS
Sales, Lettings and Block Management
01255 556660 info@compassproperty.me.uk 28 Kingsway, Dovercourt, Essex, CO12 3AB
01255 556660
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 to new tenant(s) will be 50% of the monthly rental income, deducted at souce for each new tenant. A discount for Landlords with multiple properties 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 multiple properties 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 the rents received where possible. Fees relating to finding the tenant on this service will be 75% of the monthly rental income, deducted at souce for each new tenant. A discount for Landlords with multiple properties is available. Inventories Our cost for inventories start from £50.00 depending on the size of the property and if unfurnished or furnished. Legionella Risk Assessments Our cost for Legionella Risk Assessments is £50.00 per property which is carried out by our own in-house trained and competent assessor. Floor Plans We are delighted to now offer professional and accurate Floor Plans with prices starting from £35 depending on the size of the property. 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 tenancy agreement, when requested by the tenant of up to £50.00 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 up to 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 utilities, communication services, TV License and Council 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.
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