Fees to landlords.
View PDF
Level of service offered:
Tenant Find Only Service:
10% (plus VAT)
12% (inc VAT)
Includes:
- Finding a suitable tenant
- Carry out accompanied viewings
- Market the property and advertise on the relevant portals and social media platforms
- Offer negotiation
Example fee breakdown:
If the tenancy is 12 months and the rent is £1,000 per month, the fee calculated shall be 12% of the annual rent, so the fee will be £1440. Pilgrims minimum commission charge is £1200 per annum (inc vat).
Part Managed/Rent Collection Service:
12% (plus VAT)
14.4% (inc VAT)
Includes:
- Finding a suitable tenant
- Carry out accompanied viewings
- Market the property and advertise on the relevant portals and social media platforms
- Offer negotiation
- Ensure the landlord complies with their statutory obligations
- Collect and remit the monthly rent received
- Pursue non-payment of rent and provide advice on rent arrears actions
Example fee breakdown:
If the tenancy is 12 months and the rent is £1,000 per month, the fee calculated shall be 14.4% of the annual rent, so the fee will be £ 1728 deducted from the rent monthly at £144. Pilgrims minimum commission charge is £1200 per annum (inc vat).
Fully Managed Service:
15% (plus VAT)
18% (inc VAT)
Includes:
- Finding a suitable tenant
- Carry out accompanied viewings
- Market the property and advertise on the relevant portals and social media platforms
- Offer negotiation
- Ensure the landlord complies with their statutory obligations
- Collect and remit the monthly rent received
- Pursue non-payment of rent and provide advice on rent arrears actions
- Assist in the eviction process where required
- Become tenants point of contact throughout
- Advise both landlord and tenant of legal obligations throughout tenancy to ensure compliance
- Deduct commission and other works
- Advise all relevant utility providers of changes
- Undertake two property visits per annum and inform landlord of the outcome
- Arrange routine repairs with approved contractors
- Hold keys throughout tenancy term
- End of tenancy deposit dilapidation negotiations
Example fee breakdown:
If the tenancy is 12 months and the rent is £1,000 per month, the fee calculated shall be 18% of the annual rent, so the fee will be £2160 deducted from the rent monthly at £180. Pilgrims minimum commission charge is £1200 per annum (inc vat).
Overseas Full Management Service:
17% (plus VAT)
20.4% (inc VAT)
Includes:
- Finding a suitable tenant
- Carry out accompanied viewings
- Market the property and advertise on the relevant portals and social media platforms
- Offer negotiation
- Ensure the landlord complies with their statutory obligations
- Collect and remit the monthly rent received
- Pursue non-payment of rent and provide advice on rent arrears actions
- Assist in the eviction process where required
- Become tenants point of contact throughout
- Advise both landlord and tenant of legal obligations throughout tenancy to ensure compliance
- Deduct commission and other works
- Advise all relevant utility providers of changes
- Undertake two property visits per annum and inform landlord of the outcome
- Arrange routine repairs with approved contractors
- Hold keys throughout tenancy term
- End of tenancy deposit dilapidation negotiations
- Liaise with landlord and HMRC regarding correct submission of NRLl form and taxation
Example fee breakdown:
If the tenancy is 12 months and the rent is £1,000 per month, the fee calculated shall be 20.4% of the annual rent, so the fee will be £2448 deducted from the rent monthly at £204. Pilgrims minimum commission charge is £1200 per annum (inc vat).