Management Fees

Tenant Charges

Before Your Tenancy

Application Payment – One weeks rent.
This is required to submit your offer to the landlord. If accepted, this amount will be deducted from the total monies due. The payment is refundable if your offer is not accepted.

Deposit – Five weeks rent.

During Your Tenancy

Changes to the tenancy agreement – £50.00 (e.g a change of tenant within the property)

Other charges applicable to tenants are rent, payments associated with early termination of the tenancy, payments in respect of utilities, TV License, Council Tax, a default fee for late payments of rent and replacement of a lost keys/security devices, where required under a tenancy agreement.

Landlord Fees

Fully Managed

Term 1 12%
Term 2+ 12%

Paid monthly over the duration of the tenancy term*

Introduction (Let Only Service)

Term 1 7%
Term 2+ 7%

Paid in advance of the tenancy start date*

*A ‘term’ is a minimum of twelve months. Term 2+ is applicable when the same tenants remain at the property after Term 1. Minimum fee: £1,200.00

Landlord Charges

Inventory/Check In

(price is based on the size of the property)

Studio – £120.00
1 Bedroom – £144.00
2 Bedroom – £168.00
3 Bedroom – £210.00
4 Bedroom – £240.00
5 Bedroom – £330.00

Checkout – £75.00

Certificates and Compliance

Gas safety certificate – £75.00
EPC £100.00 (1+2 Beds) / £120.00 (3+4 Beds)
Electrical installation condition report – £145.00

Licensing Application Fees

Selective License – £175.00
Additional License – £175.00
Mandatory License – £250.00

Further Charges

Annual statements and invoices – £150.00
Key cutting service – £30.00 plus cost of keys
This is to cover Quest London’s time in getting keys cut and checking that they work.
Taking over Management – 12%
Where tenants are not introduced by Quest London, we will charge the above rate payable monthly for the duration of the tenancy term (minimum term twelve months).
Sale of property to tenants – 1.2% of the agreed sale price. (See terms for further details).

Arranging and Serving a Notice

(Fully Managed only)
Section 21 Notice – £49.00
Section 8 Notice – £99.00

Tenants Referencing

For each individual tenant to be reference we charge £49.00 per individual tenant

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