3 bedroom penthouse for sale

Kensington Estates is a sales, lettings and management agent based in Central London. Charged Fees: Tenant Finding: Kensington Estates may charge a one-time fee for finding a tenant, which could be a percentage of the rent or a fixed amount. Typically, it's around 5.00%+VAT = 6.00% including VAT Property Management: This is a recurring monthly fee, typically a percentage of the gross rent, that covers services like rent collection, maintenance coordination, and tenant communication. Typically it 10.00+ VAT = 12.00% including VAT Other Fees: Additional fees might include additional administrative work, e.g. arranging contractors for specific repairs, furnishing of a property, redecoration work, that would have to be agreed prior the requested work begins. Important Considerations: Negotiation: Landlords can often negotiate with letting agents, especially if they plan to manage aspects of the property themselves or if the agent is in competition with other agents. Transparency: Kensington Estates always clearly outline all fees in their contract with the landlord. Legal Limits: The Tenant Fees Act 2019 restricts fees that can be charged to tenants, but this does not impact fees charged to landlords. Kensington Estates always adhere to the UK regulations and never charge tenants: Inventory charge, referencing or administrative fees. For a more detailed explanation of Kensington Estates' specific fees, it's recommended to contact them directly emailing [use Contact Agent Button]