We Source numerous of opportunities which all comes with a fee!
We usually charge a sourcing fee deposit once a property has been accepted and, then the remainder of the balance once the final tenancy has been signed.
For example, purposes only - you found a 5-bedroom property through us, you decide to go ahead with the agreement, and you place a holding deposit on the property. Our sourcing fee would be £2500. You would place a £500 sourcing fee deposit. Once all contracts have been signed for the property, we would then invoice you for the remaining funds (in this case £2000).
*Please note all our fees are a standard base rate, however depending on certain factors there is room for negotiations. (Please see fee's below:)
STUDIO & 1 BEDROOM UNITS - £500
2 BEDROOM UNITS - £1000
3 BEDROOM UNITS - £1500
4 – 6 BEDROOM UNITS - £2500
8 – 10 BEDROOM UNITS - £3000
11+ BEDROOM UNITS - £3500 - £5000
BLOCK OPPORTUNITIES (When you are taking on multiple units within a block or hotel)
2 - 19 units - £500 per unit
20-29 units - £350 per unit
30-49 units - £250 per unit
50-99 units - £200 per unit
100+ units - £150 per unit
*DISCLAIMER 1: Our fee is based on the size of the property we have sourced for you. Our fee has no relevance to the performance of the property or your business operations. You will NOT gain access to the keys or the property until our fee has been settled in full even if the tenancy start date has begun.
*DISCLAIMER 2: - Sourcing fees are refundable if for any reason the landlord/vendor decides to pull out of the deal. However, if you decide to retract from a deal, you will lose your sourcing fee deposit.
