The properties are a sale by tender sale. Sale by Tender is like a silent auction. A property is marketed for sale with or without a guide price and there is a deadline for all offers. Anyone interested puts in their offer and the vendor is presented with these offer. Estate agents London charge a 0% fee to the seller and have a fee of 1% plus vat fee for the buyer.
Estate agents charge the seller £495 fee for this service and an admin fee of £295 is charged to the tenant.
Our fee is 15% plus vat to manage the property and deal with the Tenants and this includes tenancy agreements and rent collection.
Our property redress scheme is with the PRS redress scheme and our number is PRS008481