In the interests of transparency, please find attached a list of the chargeable services provided by JHC Property Management:
- Finding new tenants and ‘on-boarding’ - advertising the property; screening prospective tenants; preparing an inventory for the property; drawing up a short hold tenancy agreement; taking and registering the bond with the Deposit Protection Service (DPS). Fee: two weeks of the first gross monthly rent (no VAT chargeable).
- On-going management is typically charged at 10% of the gross monthly rent. Rates are negotiable for multiple properties.
- Renewing / extending a tenancy agreement £25.00.
- Cancellation of property management services part way through a tenancy – a termination fee of 25% of the gross monthly rent.
- Any additional time spent by JHC Property Management will be charged at £25.00 per hour.