FEES AND CLIENT MONEY INFORMATION
BRICK & STERLING DOES NOT HOLD NOR COLLECT ANY CLIENT FUNDS.
Note: 20% VAT does not apply to our fees. VAT may apply to any agents or contractors we instruct on your behalf.
On a quotation basis. From £50 per hour.
1.5-2.5% of the purchase price. A £2,500 retainer is payable up front and the remainder payable upon completion.
Sole agency: 1.75% of the sale price achieved.
Multiple agency: 2.5% of the sale price achieved.
Principal Agency: From 0.5% of the sale price achieved; or a minimum of £950.00.
We no longer provide letting services nor hold or collect client money. All letting and/or management services are carried out by our partner company LIONLEASE Property Management Ltd. Their fees are as follows:
Sole agency: 8% of the annual rent for our sole agency letting service, payable in advance on completion of contracts.
Multiple agency: 9% of the annual rent achieved payable in advance on completion of contracts.
Renewal fees: 8% of the annual rent for the duration of the tenancy, payable upon renewal or extension of contracts.
Principal Agency: From 2% of the annual rent achieved; or a minimum of £495.00, payable in advance on completion of contracts.
The letting agents LIONLEASE works with charge fees varying from 5% to 12% (+ VAT), with various attractive payment and contract terms. We will outline your options so that you can make an informed decision.
Note: Letting fees are payable annually in advance.