At Bagleys we strive to offer you the best friendly service available in the letting and full management of your property. We are a forward-thinking independent family company with experienced and professional staff who have a sincere commitment to customer service and a strong interest in quality residential property and long-term, happy tenants.
Management Fees
- 11% + VAT (13.2%) for 1 property under full management
- 10% + VAT (12%) for 2-9 properties under full management
- 9% + VAT (10.8%) for 10 or more properties under full management
Charges (when applicable)
£350 + VAT (£420) initial set-up fee for a new tenancy, which includes
Essential services covered by the above fees:
- All advertising costs
- Drawing up individual details of your property and displaying colour photographs and details in our shop front
- Having a 'To Let' sign erected
- Accompanying potential tenants to your property
- Interviewing and determining the suitability of prospective tenants
- Taking up employer / accountants / landlord / previous landlord references and credit checks
- Drawing up tenancy agreements
- Compiling a clear and accurate Inventory of all fixtures fittings and decorations with their condition
- Advising all services and authorities of in-going tenants
- Negotiating further rental increases
- Supervising the daily management of your property and dealing with tenant's problems
- Dealing with reported maintenance problems and repairs
- Monthly collection of rents and paying monies directly into your nominated account
- Carrying out inspection visits and advising you in writing of the condition of the property
- Carrying out a final inspection visit to check on the condition of the property, furniture and gardens
- Agreeing any dilapidations
£10 +VAT to download the deeds to a property to prove ownership – this can be negated by providing current proof of ownership yourselves by way of an annual mortgage statement (dated in the last 12 months) or by providing a copy of the title deeds to the property
£15 +VAT for digital ID and address checks for landlord – this can be negated by sending me a copy of your in-date passport/driver's licence and a utility bill showing your mailing address
£50 +VAT to serve notice on tenants to end the tenancy
£TBC registering each landlord on a registered landlord database. The government have yet to release the costs for this change, which is due late 2026. The charges proposed by NEF (New Economics Foundation) are £46 per landlord; however, this is still under review.
We also offer a tenant find service which is charges at 60% of the first months rent + VAT (72% in total). We will market, find you a tenant, complete credit checks and references, compile the contracts and inventories and register the deposit with the DPS Custodial Scheme...then hand it over to you for the month by month management.
