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Lettings Agents Fees
RE/MAX Estate Agents Barry

Fee Table

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Tenant Find 

- 70% +VAT of the first month's rent 

 

Rent Collection  

- 50% +VAT Tenant Find then 8% +VAT per month of monthly rent

- Year 3 will drop down to 6% +VAT

 

Full management 

- 50% +VAT Tenant Find then 10% + VAT per month of monthly rent

- Year 3 will drop down to 8% + VAT

Rent Guarantee Applies to Rent Collection & Full Management

If you would like to understand more, please get in touch with us.

The minimum Base Fee for all services is

- £300 + VAT

HMO

- Minimum Fee £300 + VAT Per Room Set up fees

- Rent Collection - 12% +VAT

- Fully Management - 15% +VAT

We do not charge on top of maintenance, so there are no hidden costs.

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Tenant Find

Tenant Find service with RE/MAX lettings provides a qualified tenant with in-depth vetting & referencing checks.​

Guidance on the new legislation regarding ECIR & Gas Safety and EPC with recommend professionals on standby. Personal compliance officer to assist with Inventory, HHSRS Report, smoke alarms, and testing.

Set up includes photography, advertising on Rightmove, Zoopla, On the Market, Primelocation and professionally written descriptions and accompanied viewings.

Holding deposit at referencing stage with deposit options for the tenant for extra protection for the landlord. RE/MAX Can hold the deposit in our DPS account or transfer it to your chosen account.

Occupation Contracts are set up with a standing order to the landlord account fixed for 12 months and compliantly updated with Rent Smart Wales Guidelines. The compliance package was sent to the tenant with a new guide and certificates ready for the term.

Rent Collection

Rent Collection with RE/MAX lettings provides the same as tenant-find with the collection of payments with more benefits.

We set up all the tenants' payments to ensure the tenant feels secure paying the rent. You have monthly pro formulas for the accounts, and we do a year-on-year summary of profits and health checks to keep up to market value rent when renewing with a free sales report.

If you take landlord insurance out, we help you with the claiming process if you should ever need it. You will continuously be updated with the latest legislation in Wales.

I recommend this to all my landlords. If you are local and have tradespeople, this is the perfect balance as you never get disputes over paying for the work, as estate agents add charges on top of work for profits. You are in complete control, and we can ensure the tenant is happy and secure in their home and make the landlord look professional.

Reviewing Reports at Desk
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Fully Management / Property Management 

Property Management service is the same as the tenant find and rent collection with a hands-off service.

If you want the full management service, this is a passive income. As we take control of the property/portfolio, you will continuously be updated with anything that happens within the property and any new legislation in Wales.

Before any maintenance is carried out, you will always be asked before confirming a price, and happy to set up with your tradespeople if needed for pricing and trust. We have a recommended panel of trusted tradespeople that we use daily.

 

We DO NOT make profits on top of jobs to ensure complete professionalism and trust as a business while growing our relationship.

The main issues usually are plumbing and electricity. We recommend you take an emergency cover such as homeserve or britsh gas Landlord cover to protect your tenant and investment.

Personal service with the local lettings agent and qualified with rent smart wales to provide you with a healthy income stream on your investment.

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Portfolio Management Growth

If you want to grow your portfolio or increase your current profit margins, we offer an all-in-one service to ensure you get the best out of your investment.

We offer a free health check of the portfolio and asses where margins can be increased. Making sure it follows the new Welsh regulation guidelines. Working closely with the mortgage broker ensures you have the best rates to gain the best ROI.

If you own the investments outright with no buy-to-let mortgage and gain a 6-7% yield, we can show you how to turn that asset into a potentially 21-24% yield.

Personal service with lifetime business relationships. Having an estate agent and mortgage broker to call on at any time for free advice.

Happy Family

Rent Guarantee

Protect your assets with rent guarantee service

01

Ensures Consistent Income

Rent guarantee provides landlords with a steady income stream, regardless of whether the tenant pays on time or at all. This financial stability is crucial for covering mortgage payments, maintenance costs, and other property-related expenses, reducing the risk of financial strain.

03

Simplifies Property Management

Rent guarantee services often include tenant screening and vetting processes, ensuring that only reliable tenants are selected. This reduces the likelihood of rental defaults and simplifies property management, saving landlords time and effort in dealing with potential issues.

02

Minimizes Financial Risk

A rent guarantee safeguards against tenant default or other unforeseen financial disruptions by mitigating the risk of rental income loss. This protection helps landlords maintain financial health and avoid the stress and complications of dealing with non-paying tenants.

04

Legal and Professional Support

Many rent guarantee programs offer legal assistance and professional support in the event of disputes or tenant eviction proceedings. This support ensures landlords cannot navigate complex legal situations alone, providing an added layer of security and expertise.

Contact Us

RE/MAX Estate Agents Barry

23 Park Crescent, Barry, CF62 6HD

01446788675

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