Colin Sclare Sales & Lettings has proudly established his family run business at 119A East End Road N2 0SZ.
Bringing over 20 years of property sale, letting and management experience Colin and his team will offer local property knowledge to vendors, buyers, landlords and tenants.
Our ethos and goals are to be a little different to the run -of -the- mill estate agent by offering fair, realistic and meaningful advice, whilst aiming to achieve the best prices for our vendors and Landlords.
With our marketing tools, list of qualified buyers and tenants growing daily we can achieve your goal in selling or letting your property for the best price possible. We also have a wealth of historical knowledge of the area to provide you accurate sale valuations and rental return figures and yields for buy-to-let investments. We research into your enquiry carefully and comprehensively to advise you of a realistic and achievable selling price or rental valuation.
Our Letting & Management Fee structure to Landlords- brief summaryOur Letting Fee rates are very competitive at 7 % plus vat, 8.4% inclusive of vat , for the first year of the tenancy and 6% plus vat, 7.20% inclusive of vat for year 2, and from year three onwards with the same tenant(s) residing, it will be 5% plus vat, 6% including vat.
Our management fee is 4% plus vat, 4.8 inclusive of vat. This is paid monthly with the letting fee spread over 12 months to improve your monthly cash flow.
You will have other costs such as gas safety certificates currently £74, inventory fees, and electrical safety certificates as required (price on application ) and Energy performance certificate, which is currently £50.
Our letting fees to TenantsOur administration fees for tenants are £ 90.00 per person including vat. ( This is £75 plus vat per person including guarantors )
The administration fee comprises of many elements of work including but not exclusive to :
- Credit checks, reference taking and preparing letters, phone calls to referees, follow up phone calls to all parties, photocopying documents, checking documents are correct, preparing contracts, stationery costs, travelling costs to meet up with tenants, setting up new files, checking Right to Rent documents and labour for time spent carrying out these above tasks.
- There may be an inventory fee for check in or check out, which varies on the size of the property but ranges between £75-150 on average, but this may vary.
Our Sales fees structure to Vendors - brief summary1.5% plus vat Sole Agency, which is 1.8 % including vat, and 1.75% plus vat Multiple Agency, which is 2.1% including vat, payable on completion of a sales transaction. Floor plans and Energy Performance certificates are extra. Please ask for prices.
Please call us so we can help you with all your property needs: 020 8444-3351.
Look forward to seeing you soon,
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