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Client Money Handling Procedures

Client Money Handling Procedures
  1. Client money is held in an account titled Burnet Ware & Graves Client at Barclays Bank PLC.
  2. Access and authorisation to moneys in that account is restricted to principals and selected senior members of staff only.
  3. We aspire that client money received is paid into that account on the day it is received or the next working day; certainly the earliest opportunity.
  4. The money held on the Clients account does not attract interest. Any interest received or charges suffered are met by the company directly.
  5. The account is reconciled to the penny at least one time per month. This reconciliation is reviewed externally.
  6. Accounts will be made monthly to the Clients, unless otherwise agreed.

Our client protection service is protected by RICS

Our redress scheme is provided by PRS (Property Redress Scheme)

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Tenant Fee Information

Updated June 2019

 

All charges include VAT at the prevailing rate of 20%, but are subject to change should the VAT rate change. 

 

In relation to ‘Changing the contract’ as mentioned above in point 4, the following is a non-exhaustive list of changes that could result in you having to pay a fee of £50.00 to us as your Managing Agents if you request and we/your Landlord agree to:

 

 

 

Important Notice: This document should not be read as permitting any changes to the main agreement or be taken as giving warranty that requests to vary the main agreement will be agreed or consented to. We will however, consider any reasonable requests that are made.

 

Burnet Ware uses the TDS to protect all deposits unless the landlord uses their own deposit protection scheme. All client monies are held in a ring fenced client account separate from any trading accounts as a result.

 

 

Our Client money protection is provided by RICS

Our redress scheme is provided by Property Redress Scheme.

Tenant Fee Information

Updated June 2019

 

All charges include VAT at the prevailing rate of 20%, but are subject to change should the VAT rate change. 

 

In relation to ‘Changing the contract’ as mentioned above in point 4, the following is a non-exhaustive list of changes that could result in you having to pay a fee of £50.00 to us as your Managing Agents if you request and we/your Landlord agree to:

 

 

 

Important Notice: This document should not be read as permitting any changes to the main agreement or be taken as giving warranty that requests to vary the main agreement will be agreed or consented to. We will however, consider any reasonable requests that are made.

 

Burnet Ware uses the TDS to protect all deposits unless the landlord uses their own deposit protection scheme. All client monies are held in a ring fenced client account separate from any trading accounts as a result.

 

 

Our Client money protection is provided by RICS

Our redress scheme is provided by Property Redress Scheme.

Letting Fee Information

The asking rent does not include letting fees. Our standard administration fee (which covers general administration and preparation of paperwork) is £xxx (£xxx+VAT). A security deposit, usually equivalent to six weeks rent, is also payable.

Depending on your circumstances and the property you select, one or more of the following may also be charged to you upfront;

Fees may be charged on a per person or per property basis, please call us on 020 7733 1293