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Landlords Guide to Costs

Once you have listed your property with Midas and have requested that we find you a suitable tenant, Costs will include the following:

Listing fee

A listing fee of £65 is payable upon the listing of your property with Midas Letting agents


Let Only Fee

A Let only fee of £295 (In addition to the Listing fee) is payable upon finding suitable tenants for your property and for the signing of the contacts between ourselves (on your behalf) and the tenant.

You will then be responsible for the collect of rent and for the property itself, we will send you a copy of all documentation held by us on the tenant i.e. application form, references and ID. You also will be responsible in Securing the deposit with a Tenancy deposit scheme (new government legislation).

We can provide assistance with this service.

Property Management

Our fee of 10% per calendar month on rents collected. We will be responsible for the collection of rent, issues or problems with the property. We will be the main point of contact for the tenant so therefore you will not have any dealings with the tenant yourself. Our maintenance service is available for all those small issues that can occur during a Tenancy we charge a 10% maintenance fee on all works carried out.

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Online Payments

With our Online Payment Service you can pay your rent or fees online using a Credit or Debit Card…
General Payments Rental Payments

Methods of payment

We will pay you all monies, via Bank transfer or by Cheque on the 10th of each month following, you will also receive a full detailed report via email. We also can setup all landlord with online login details so you can view and produce statements for accountancy purposes.

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