Potential Landlords - Fees & Charges
| Items | Charge Ex VAT |
| Full Management: | 10% of monthly rent plus VAT |
| Tenant Finding Service: | 10% of first six months rent plus VAT |
| Deposit Insurance: | £40.00 plus VAT Payable for every Contract |
| Serving of Legal Notices: | Free |
| Attendance at Court Proceedings: | £100.00 plus VAT |
| Accounting services for Non-Resident Landlords without Approval No: | £50.00 plus VAT (See below) |
Witterings Properties have no hidden charges. Many lettings agents will charge
you extra for initial set-up, check-in/out and compiling inventories, we do not.
Non-Resident Landlords
If the landlord's normal place of abode is not the UK, he is normally considered
by the Inland Revenue as non-resident for taxation purposes. Under the Income
Taxes Management Act 1970 as amended by the Finance Act 1995 the Inland Revenue
will require the Agent to withhold tax from rental income at basic rate, which
is currently 22% and to pay such tax over quarterly to the Inland Revenue;
unless the Inland Revenue have agreed that the Agent may pay the Landlord his
rent without any tax deduction.
Click here to request a valuation online or call us on 01243 670765.