Every building is unique, however you can expect a typical charge being about £240 - £375 per unit per year.
A block of 10 flats may therefore expect to pay between £2400 - £3750 per year for their management service*.
Additional Fees as required:
Major works over £2,150.00: 2.5% arrangement fee (minimum £195.00)
7.5% overseeing and signing off fee. (minimum £355.00)
Pre-sale inquiries: £215.00 (usually turned around within 48 hours)
Company secretarial services: £295.00 (disbursements billed additionally)
Hourly rate outside of agreement: £60.00 (general services)
Flat Management:
Standard management charge: 5% of gross rental income.
Minor works in excess of £450.00: 10% Administration Charge (minimum £50.00)
Court or Tribunal appearances: £80.00 per hour or £410.00 per day (whichever the lesser amount)
Insurance claims co-ordination: 7.5% - 10% of claim value (minimum £75.00)
Additional visits and full report: £80.00 per visit
Landlord refundable float: £500.00
Please contact us if you have any further inquiries or would like to request specific pricing on a matter.
*All fees quoted may be subject to change and VAT at the prevailing rate.
