How much does a property management company charge in St Albans?
Fees are the first thing most landlords ask about, and they are often the hardest thing to get a straight answer on. Agents quote percentages in different ways, and the number on the website is rarely the full picture. Knowing how the charges work helps you compare properly. The three common levels of service Most agents offer a basic, a middle and a full service. Choosing between them depends on how much you want to do yourself. A property management company in St Albans like Gem Lettings prices each level separately, so you only pay for what you need. Tenant Find This is the lightest option. The agent markets the property on Rightmove and Zoopla, accompanies viewings, finds and references a tenant, runs ID and sanction checks, and prepares the tenancy agreement. The fee is 6% + VAT of 12 months’ gross rent, and you take over from there. Tenant Find with Rent Collection This is the most popular choice. It costs 6.5% + VAT of the monthly rent, plus a one-off £360 for finding th...