Our
pricing.
Only pay management fees when your property is occupied. No tenant, no fee. Plus, the more properties we manage, the less you pay.
£0
Fees when
you switch
£0
Management fees when vacant
Transparent Pricing
1-4 properties
Management fee: 10% + VAT
5-9 properties
Management fee: 9% + VAT
10+ properties
Management fee: 8% + VAT
Other pricing:
The following prices apply to Residential and Commercial property management and letting services. We are required by law to display all of our prices inclusive of VAT. All prices shown are subject to change due to variations in material and labour costs. Changes to pricing are to be issued by email with a minimum of 3 months' notice.
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Letting Fee:
£360.00 inc VAT (Payable when let and re-let)Monthly Management Fee:
12% inc VAT (10% +VAT) on a portfolio between 1 and 4 properties.
10.8% inc VAT (9% +VAT) on a portfolio between 5 and 9 properties.
9.6% inc VAT (8% +VAT) on a portfolio of 10 or more properties.
(Subject to a minimum of £44.40 inc VAT)Any variations to Ultralets’ standard tenancy agreement - £48 inc VAT
Withdrawal of listing following marketing or commencement of the referencing process - £100 inc VAT
Our Let Only service is chargable at the rate of one month’s rent (with a minimum fee of £600.00 inc VAT). A non-refundable fee of £300.00 inc VAT is due at the point of marketing. This covers our administration and marketing costs. The remainder of the fee is payable at the start of the tenancy.
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Key deposits - £20.00 per key (To be collected from the office with 2 hours notice)
Attending to give access to property (24Hrs) - £40.00 inc VAT (Payable on attendance)
Amending or renewing a tenancy agreement: £48.00 inc VAT
Application holding deposit: Equivalent to 1-week rent held for up to 14 days & deducted from the deposit paid on move-in.
5-week deposit payable in addition to the first month's rent on or before the day you move in.
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Please note, in the unlikely event of Ultralets not being able to contact a landlord, any urgent compliance shall be effected on behalf of the landlord and be invoiced, including any reasonable costs incurred by Ultralets as per our payment terms. This is to protect your investment and the safety of the tenants.
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In the unlikely event of Ultralets not being able to contact a landlord, any urgent repair shall be effected on behalf of the landlord and be invoiced, including any reasonable costs incurred by Ultralets as per our payment terms. *VAT is applied on the total value of works.
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Our investment sales team present quality opportunities, provide reliable advice, then negotiate and progress the sale. For complete transparency, we charge a consultancy fee for the referral of each packaged investment deal.
If you buy through our Investment Portal, our charge is 1.8% of the sale price agreed (including VAT). A minimum charge of £1,800,00 (including VAT) applies. Prior to the submission of an offer, you will be required to sign our terms of business. On acceptance of your offer, 25% (including VAT) is required, which is non refundable.
If you sell through our Investment Portal, our charge is 1.8% of the sale price agreed (including VAT). A minimum charge of £1,800,00 (including VAT) applies.
