To keep things simple, we’ve broken our landlord services down into straightforward packages to reflect varying levels of involvement in your investment.
And when it comes to sales, we charge a simple flat fee, regardless of the property’s price or the complexity of the case.
Landlord packages
Lettings service
Simple lettings package.
Essential managed
Our most comprehensive package.
Premium managed
Our most premium package.
Vendor fees
Sales fee
Simple flat fee regardless of property price.
Landlord Fee Schedule
This schedule sets out the letting and property management fees for VSG Global Limited trading as Victorstone (Company Number: 13538466, Registered Office: 213 City Road, London, EC1V 1JN). All fees are shown inclusive of VAT at 20% and are reconciled with our Lettings Terms and Conditions.
1. Core Letting & Management Packages
| Service Level | Commission Rate (Inclusive of VAT) | Minimum Fee (Inclusive of VAT) | Calculation Basis & Key Terms |
|---|---|---|---|
| Let Only Service | 12% inc. VAT (10% + VAT) |
£3,000 inc. VAT (£2,500 + VAT) |
Calculated as 12% inc. VAT of the total agreed rental value for the tenancy term, subject to the £3,000 inc. VAT minimum fee and a maximum commission period of three (3) years from the original tenancy commencement date for the same continuing occupation. |
| Managed Service | 19.2% inc. VAT (16% + VAT) |
£4,200 inc. VAT (£3,500 + VAT) |
Calculated as 19.2% inc. VAT of the total agreed rental value for the tenancy term, subject to the £4,200 inc. VAT minimum fee and a maximum commission period of three (3) years from the original tenancy commencement date for the same continuing occupation. Subject to a minimum 12-month management appointment and at least 3 months’ written notice to terminate (this is a management appointment term and not a minimum tenancy term imposed on tenants). |
Calculation Basis for Percentage Fees, Renewals & Credit Notes
- How Percentage Fees Are Calculated: Percentage fees are calculated on the eventual total rental value agreed for the tenancy term. Worked Example: On a 12-month tenancy at £2,500 per calendar month (£30,000 total annual rent), the Let Only fee at 12% inc. VAT is £3,600 inc. VAT, and the Managed Service fee at 19.2% inc. VAT is £5,760 inc. VAT. Where the percentage calculation is lower than the minimum fee, the applicable minimum fee (£3,000 inc. VAT for Let Only; £4,200 inc. VAT for Management) applies.
- Maximum Commission Period (3-Year Cap): Where the original tenant(s) introduced by Victorstone remain in occupation (whether under a renewal, extension, or periodic continuation), commission is payable up to a maximum period of three (3) years from the original tenancy commencement date for the same continuing occupation. No further letting, renewal, or management commission is charged after that three-year period.
- Credit Notes & Minimum-Fee Restrictions: Where a tenancy terminates early under an agreed break clause, any eligible pro-rata commission adjustment is issued strictly as a credit note valid for 12 months. The minimum fees (£3,000 inc. VAT for Let Only; £4,200 inc. VAT for Management) apply when calculating and redeeming credit notes. Unused balances retain their original 12-month expiry date.
- Changes to Fees: Fee changes require express written agreement. Any proposed increase to ongoing charges requires at least 30 days’ written notice and cannot apply retrospectively.
2. Services Covered
| Service Feature | Let Only Service (12% inc. VAT) | Managed Service (19.2% inc. VAT) |
|---|---|---|
| Rental valuation, marketing & portal advertising | Included | Included |
| Accompanied viewings & offer negotiation | Included | Included |
| Tenant referencing & initial Right to Rent check | Included | Included |
| Preparation of initial Tenancy Agreement | Included | Included |
| Collection of initial rent & security deposit | Included | Included |
| Arrangement of Check-In Inventory, Schedule of Condition & Check-Out | Optional (see additional tariff) | Included |
| Ongoing monthly rent collection & monthly statements | Not included | Included |
| Follow-up Right to Rent checks during tenancy | Landlord responsibility | Included |
| Routine repairs & maintenance coordination (within agreed float/authority) | Not included | Included |
| Periodic visual property visits & written reports | Optional (£120 inc. VAT per visit) | Included |
| Utility supplier changeover notifications | Not included | Included |
| Responding to Tenancy Deposit Scheme (TDS) disputes | Optional (£240 inc. VAT) | Included |
3. Additional Landlord Services & Charges (Inclusive of VAT)
[Staging Note: Additional tariff charges below are reconciled with Clause 4 of the Lettings Terms and remain subject to final confirmation by Victorstone prior to publication.]
| Service / Compliance Item | Charge (Inclusive of VAT) |
|---|---|
| Energy Performance Certificate (EPC) | £144.00 inc. VAT |
| Gas Safety Certificate | £156.00 inc. VAT |
| Legionella Safety Certificate / Risk Assessment | £150.00 inc. VAT |
| Electrical Safety Certificate (EICR) | From £232.00 inc. VAT |
| Smoke Alarms and Carbon Monoxide (CO) Alarms | £70.00 inc. VAT |
| Professional Cleaning | From £195.00 inc. VAT |
| Full Inventory with Photo Content (0–3 bedrooms) (Let Only) | £225.00 inc. VAT |
| Full Inventory with Photo Content (4+ bedrooms) (Let Only) | £290.00 inc. VAT |
| Checking Out of Tenant (Let Only) | £150.00 inc. VAT |
| Responding on Landlord’s behalf to TDS Dispute (Let Only) | £240.00 inc. VAT |
| Protecting Deposit where Landlord fails to provide protection certificate before deadline | £60.00 inc. VAT |
| Service of Notice (Let Only) | £80.00 inc. VAT |
| Quarterly Property Inspections per visit (Let Only) | £120.00 inc. VAT |
| Key Cutting Charge (plus net cost of keys) | £50.00 inc. VAT |
| Non-Managed Administration Charge for Additional Services | £400.00 inc. VAT |
| Pre-Tenancy Moving-In Service (Furniture & Repairs) | £400.00 inc. VAT + 10% of net contractor/supplier cost |
| Waiting at Properties for Contractors (per hour) | £60.00 inc. VAT |
| Ad-Hoc Visits (up to 2 hours) | £100.00 inc. VAT |
| Void Property Inspections by Staff with Accompanying Report | £100.00 inc. VAT |
| Void Period Management (days 8 to 31, up to 6% monthly) | £180.00 inc. VAT |
| HMO Licence Application Submission | £720.00 inc. VAT |
| Arranging and/or Witnessing Completion of Subletting Deeds or Equivalent | £300.00 inc. VAT |
| Court Preparation and Attendance Charge (per hour) | £125.00 inc. VAT |
| Submission of Non-Resident Landlord (NRL) Returns to HMRC & NRL6 Certificate | £540.00 inc. VAT annually |
| Withdrawal Fee Prior to Tenant Identification | £300.00 inc. VAT (£250.00 + VAT) |
| Cancellation Within 14-Day Cooling-Off Period (where immediate marketing was instructed) | £420.00 inc. VAT (£350.00 + VAT) |
4. Client Money Protection & Redress Scheme Memberships
VSG Global Limited trading as Victorstone (Company Number: 13538466, Registered Office: 213 City Road, London, EC1V 1JN) is a member of the following statutory client money protection and independent redress schemes:
-
Client Money Protect (CMP):
Legal Entity: VSG Global Limited
Membership Number: CMP012207
Certificate Valid Until: 24 August 2027
View Client Money Protect Certificate (PDF) -
The Property Ombudsman (TPO):
Legal Entity: VSG Global Limited trading as Victorstone
Membership Number: T09800
View The Property Ombudsman Certificate (PDF)
For tenant fee information, please view our Tenant Fees & Permitted Payments page. For details on how to make a complaint, please see our Complaints Procedure or email directors@victorstone.co.uk.
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