Title

Local presence, global reputation.
  • paragraph

    Location
    image cannot be displayed
    In the heart of Tech City, we're expertly placed to advise our clients in Old Street, Shoreditch, City of London and beyond.

    It's no surprise to find that the name 'Old Street' has ancient origins: this city thoroughfare started out as a Roman road, built to connect London with Colchester in Essex. Today Old Street runs from Clerkenwell to Shoreditch High Street. Lined with offices, restaurants and convenience stores, it forms part of a buzzing business district on the fringes of the city's Square Mile.

    Our City Office is situated just minutes from Old Street underground station and is located on the ground floor of one of Old Street's newest developments.

    Personal service combined with both local and international advertising and marketing plus regular seminars/exhibitions at home, in Europe and the Far East make Fraser and Co one of the leading estate agencies in London.
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    History
    image cannot be displayed

    Established in 1995, Fraser and Co is an award-winning independent estate agency with a strong local presence and a global reputation. From our offices in Paddington, City of London, Baker Street, Marylebone and Chiswick, we specialise in residential sales, lettings and property management throughout London, whilst our office in Hong Kong and Dubai enables us to effectively reach investors across the Far East and the Middle East.

    We are well-known in the market for selling and letting new-build schemes, however we are equally adept when it comes to achieving strong prices for newly-refurbished and older properties across London. We're particularly proud to have been awarded the title of 'London Letting Agent of the Year' at the Landlord and Letting Awards 2013.

    We pride ourselves on providing a personal, professional and highly efficient service to clients and applicants alike. We are flexible and customer-focused and take the time to fully understand our clients' requirements in order to ensure we achieve their goals. Our marketing expertise is second to none and we proactively market all properties we represent locally, nationally and internationally using a number of tried and tested channels.

    Whether you choose to buy, sell or let with Fraser and Co, you can expect the highest standard of service every step of the way. We are members of the National Approved Letting Scheme (NALS), The Property Ombudsman (TPO) and a member of the Tenancy Deposit Scheme (TDS) and abide by their strict codes of conduct.

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    Fund Raising
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    As part of our 20th-anniversary celebrations, Fraser and Co has joined forces with London-based charity, Centrepoint, to raise funds to support young homeless people in the capital.

    Working in property, we know more than most how important it is to have a place to call home. Each year this amazing charity provides a safe place to live for more than 2,900 young people aged 16-25 in London and the north east of England, helping them to get back on their feet and start rebuilding their lives.

    Please consider making a donation today, however small, to help support the work of Centrepoint. We'll match any donations you make pound for a pound (up to £100 per person) to reach our target of £50,000. It's our way of saying a big thank you to the local community for supporting us over the last 20 years.

    Please consider making a donation today: https://www.justgiving.com/fraserandco-centrepoint-fundraising

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Residential Landlord Fees and Charges
  • paragraph

    Landlord Fees and Charges
    Please see below fees and charges associated with the Letting and Management your property. For further information please contact your local Fraser and Co office branch and request a copy of our Term of Business.

    (All fees and charges are shown inclusive of VAT)

    Service and Commission

    LETTING SERVICE ONLY

    · Sole Agency: 9.6 percent
    · Multi-Agency: 12.0 percent

    LETTING SERVICE and RENT COLLECTION

    · Sole Agency: 12.2 percent
    · Multi-Agency: 14.4 percent

    LETTING SERVICE, RENT COLLECTION AND FULL  MANAGEMENT

    · Sole Agency: 15.6 percent
    · Multi-Agency: 18.0 percent

    RENT COLLECTION ONLY 2.4 percent

    Set-up Fee: £300.00

    This charge will be applicable to all of the above services;
    · Arranging professional photos and Virtual reality tours of the property
    · Extensive advertising on our official website and online portals, 
    · Arrange and accompany prospective tenants on property viewings
    · Negotiating terms with prospective tenants
    · Tenant Right to Rent checks
    · Arranging referencing of tenants via a 3rd party referencing company including credit checks
    · Administrative fee for arrangement of paperwork
    · Arranging EPC's and floor plans (if required or once expired every 10 years)
    For more information on what our services include, please see below:

    LETTINGS SERVICE ONLY:

    · Introduction of prospective tenant
    · Discuss local market conditions
    · Advise on preparing your property for letting
    · Put up a 'To let' board, if applicable
    · Discuss renewal or termination with you before the end of the tenancy
    · Recommend improvements to the property which would increase the rental potential

    LETTINGS and RENT COLLECTION:

    · Letting service as detailed above
    · Rent collection
    · Chasing rental arrears

    Additional charges, if applicable:

    CHECK IN INVENTORY (dependant on property size): £100.00 - £280.00
    PROFESSIONAL CLEANS (If required. To be deducted from first months' rent): £150.00 - £350.00
    (dependant on property size)

    RENEWAL NEGOTIATION AND DOCUMENTATION: £100.00
    SERVING OF SECTION 21 NOTICES: £70.00
    DEED OF SURRENDER: £75.00
    ABORTIVE LETTING ADMINISTRATION FEE: £200.00
    (applicable if landlord withdraws instruction after accepting offer and through no fault of the agent)

    HANDOVER/ SNAGGING: £250.00
    VACANT PERIOD PROPERTY VISITS: £20.00 - £60.00 (per visit, dependant on distance. A float of £120.00 is required)
    Additional Charges, if applicable, for Managed Properties only:
    REGISTERING OF DEPOSIT WITH TDS: £30.00
    CHECK OUT INVENTORY: £100.00 - £280.00 (dependant on property size)

    APPLICATION OF HMO/SELECTIVE LICENCING (IF APPLICABLE): £400.00
    ATTENDANCE TO COURT HEARINGS ON LANDLORD'S BEHALF: £250.00
    RENTAL WARRANTIES: £150.00
    ANNUAL GAS SAFETY INSPECTIONS (IF APPLICABLE) : £100.00 - £120.00
    LEGIONNAIRE and PAT TESTING: £250.00
    PROPERTY INSPECTION (CARRIED OUT BIANNUALLY): £90.00 (per inspection)

    COPY OF TAX YEAR STATEMENT: £90.00
    ACCOMPANYING LANDLORDS CONTRACTOR VISITS: £60.00 (per hour, including travel)

    *PLEASE NOTE : Fees are expressed as a percentage of the agreed rent for the entire period of the tenancy. Fees are usually taken in advance from the rental monies based on the agreed terms. Fees are also payable at the same percentage on any renewals, extensions or periods of holding over. Please refer to our Terms of Business for further information.
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    Proactive Property Management
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    At Fraser and Co, we appreciate that all landlords are different. A certain proportion of landlords will always opt to manage their own properties, but for many it's not practical to be on hand to deal with any unforeseen maintenance emergencies or oversee the necessary administration involved with a tenancy because they live overseas or lead busy lives.

    As a company, we manage close to 1,000 residential properties and, on average, 80 percent of our tenancies are renewed for a further term which demonstrates the quality of our service. Fraser & Co's highly acclaimed and genuinely flexible property management service is tailored to the needs of busy landlords of all types.

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Residential Tenant Fees and Charges
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    Residential Tenant Fees
    We may find a property for you within a matter of days, so you need to understand the rental process before you start looking.
    To protect both tenant and landlord rights you will have to go through a series of checks, referencing and sign tenancy agreements. We always want you to rent through us, so we don't just organise viewings; we help you at every stage of the complex rental process, including making and agreeing an offer.

    You will have been given our applicant guide when you came to your first viewing, as soon as you make an offer, we'll send you our detailed tenant guide so you understand the whole rental journey.

    · your rental payment
    · your chosen letting agents' costs
    · the bills you have to pay on top of the rent
    · the deposit which is usually the equivalent of between 5 to 6 weeks rent
    We've detailed everything below to give you an idea of what to expect.

    FULL BREAKDOWN OF TENANT FEES AGREED AFTER THE 1ST JUNE:

    PERMITTED CHARGES IN ACCORDANCE WITH THE TENANT FEE ACT 2019

    Under the terms of the Tenant Fee Act if you enter into an ASSURED SHORTHOLD TENANCY, payments which may apply will be as follows:

    FIRST MONTHS RENT:
    In advance
    TENANCY DEPOSIT:
    (Annual rent less than £50,000)
    Equivalent to five weeks' rent
    TENANCY DEPOSIT:
    (Annual rent of £50,000 or more)
    Equivalent to six weeks' rent
    HOLDING DEPOSIT:
    Equivalent of one weeks rent
    EARLY TERMINATION WHEN REQUESTED BY THE TENANT:
    A charge not exceeding the financial loss experienced by the landlord
    UTILITIES, COMMUNICATION SERVICES, TV LICENCE AND COUNCIL TAX:
    To be covered by the tenants from the start of the tenancy
    DEFAULT CHARGE FOR LATE PAYMENT OF RENT:
    Limited to interest charge at 3 percent above Bank of England base rate, when rent is more than 14 days late
    DEFAULT CHARGE FOR REPLACEMENT OF LOST KEY OR SECURITY DEVICE:
    Equivalent to cost incurred
    CHANGING THE TENANCY DOCUMENTS AFTER THE COMMENCEMENT OF TENANCY:
    Up to £50 for one new reference and providing a new tenancy agreement or for drawing up a variation document at the request of a tenant, or for any reasonable costs incurred if these are higher than £50
    NON-HOUSING ACT TENANCIES (NHA)

    · A Non-Housing Act Tenancy is formed when one of the following criteria is in place:
    The annual rent exceeds £100,000
    · The property is occupied by an entity (Company let) rather that an individual
    · The property is not used as a main or primary home
    · There is a Resident Landlord
    If you are in any doubt as to the type of tenancy which will apply to you, please speak to our branch staff

    PRE-TENANCY APPLICATION CHARGE (PTAC):
    PRE-TENANCY APPLICATION CHARGE (PTAC):
    TENANCY PAPERWORK:
    £300 per tenancy for contract negotiation and arranging the tenancy
    DEED OF GUARANTEE:
    £100 per deed
    COMPANY REFERENCE CHECKS:
    £75 per reference
    DEPOSIT:
    Usually equivalent to six weeks rent or if you have a pet this will usually be equivalent to eight weeks.
    WITHDRAWING FROM THE TENANCY:
    Private tenancies - minimum of 2 weeks rent Company tenancies - minimum of 2 weeks rent
    CALL OUT SERVICES:
    (INC OUT OF HOURS)
    £75 per hour and/or you'll have to pay the contractors invoice where your actions or lack of actions result in us or a contractor attending the property to remedy the situation.
    LAST MINUTE CANCELLATION OR NO CANCELLATION OF PRE-ARRANGE VISITS:
    £75 per visit and any contractor invoice. If you cancel an appointment less than 24 hours before, or we have arranged to visit your property and we can't gain access.
    HOURLY RATE:
    £75 plus any replacement costs if we or the landlord have to replace any damaged or broken items, or return any fixtures or fittings to their original position, as per the inventory.
    ANY OVERSEAS PAYMENT CHARGES:
    £18 per payment. Unless you ask us to pay monies to a UK bank account instead.
    LATE/UNPAID/RETURNED RENT PAYMENTS:
    £100 late payment charge and 3 percent above the base rate of Bank of England per annum, calculated daily.
    CHANGE OF SHARER:
    £100
    ADDITIONAL SHARER:
    £100 if they change at the same time as the above
    RENEWAL NEGOTIATION:
    £150 for each renewal. If additional referencing is required, we'll also charge you £45 per reference.
    ANY TENANCY AGREEMENT SPECIALLY NEGOTIATED CLAUSES AGREED AFTER THE TENANCY AGREEMENT HAS BEEN SIGNED:
    £75 each time a change is requested and agreed by the landlord
    EARLY TERMINATION:
    All costs, fees and charges incurred by the landlord for allowing early termination including the agent's existing or re-letting fees.
    STAMP DUTY LAND TAX:
    This tax is payable on tenancies where the rent exceeds £125,000

    FULL BREAKDOWN OF TENANT FEES AGREED BEFORE THE 1ST JUNE:

    (Inclusive of VAT)
    PRELIMINARY CHARGE:
    Fees for drawing up and the tenancy agreement
    £200.00 per tenancy
    REFERENCING FEE:
    References include employer's reference and previous landlord if applicable the price vary on the time needed for the referencing (1hr, 24hr, 48hr)
    £50.00 - £100.00 per tenant
    DEPOSIT
    per tenant
    INVENTORY / CHECK IN / CHECK OUT:
    Dependent on the size and level of furnishings
    £72.00 - £216.00
    LANDLORD REFERENCING FEE:
    £25
    RIGHT TO RENT CHARGE:
    £25
    CHANGE OF TENANT FEE:
    £120.00
    RENEWAL TENANCY AGREEMENT:
    £90.00
    LATE OR UNPAID RENT CHARGE:
    £25.00
    LOST KEYS FEE:
    Dependent on the type of lock for the property
    £50 - £300
    ABORTED CALL-OUT CHARGES:
    For Fraser and Co Managed properties
    £150.00

    FEES EXPLAINED

    Preliminary Charge

    This charge covers the cost of preliminary paperwork, including preparation of the tenancy agreement. It is payable in full prior to negotiations commencing with our client and is charged on a per property basis - not per person. In the event that negotiations are unsuccessful and your offer is not accepted by our client it will be refunded in full.

    Referencing Fee

    This charge is payable by each person or company named as tenant on the final tenancy agreement to cover the cost of referencing. Referencing is carried out by an independent referencing agency including establishing the right to rent in the UK. The charge will not be refunded if negotiations are unsuccessful and references have been undertaken. The price varies on the time need for the re referring. Please see below the breakdown:

    · 1 Hour = £100.00
    · 24 Hour = £75.00
    · 48 Hour = £50.00
    Deposit - Equivalent to 6 weeks rent - amount will vary according to rental amount

    The deposit is held to protect your landlord from you not meeting your obligations under the terms of the tenancy. Whilst you should check the tenancy agreement for details specific to your tenancy, it will be held in a government-backed Tenancy Deposit Protection Scheme (TDP). This means that no deductions can be made until you and the landlord have reached an agreement or there is a judgement by the courts or a TDP scheme.

    Inventory Check / Check In / Check Out

    This charge relates to an independent inventory clerk meeting you at the property to establish its condition. You will usually be responsible for the cost of checking the inventory at the beginning of your tenancy and your landlord at the end (please refer to the Agreement for confirmation). Inventory checks are to your mutual benefit as they are used to establish if your deposit can be returned in full or whether a claim against it needs to be made. The actual cost of the check is dependant of the size of property and the clerk instructed. We will give you a price applicable to the property you wish to rent in good time.

    Right to Rent Charge

    This charge is payable for everyone aged 18 years or over living at the property who is not a named tenant. It is not in addition to the Referencing Charge for named tenants outlined above. It covers the cost of us establishing the individual's right to rent in the UK which includes checks on document authenticity by an independent agency. The charge will not be refunded if negotiations are unsuccessful and the check has been undertaken.

    Change of Tenant Fee

    This charge applies when you wish to replace a named tenant with another tenant part way through your tenancy and your landlord has agreed to the change. It includes preparing all the documentation relating to the change including an amended tenancy agreement. Payment of this charge does not constitute the granting of a tenancy. Please note that the replacement tenant will be charged separately for referencing in the sum of £120 Inc. VAT each.

    Renewal Tenancy Agreement Charge

    This charge covers the cost of preparing a more extensive renewal document where substantial changes to the terms of any renewal are required.
    Late or Unpaid Rent Charge
    This charge is payable on each occasion that an individual rental instalment is overdue by five working days

    Lost Keys Fee

    This charge will variety property to property due to the lock / key itself. Some of our properties in question have extremely expensive locks and key fobs whereas others will have less expensive locks.

    Abortive call-out Charges

    This is only available to Fraser and Co Managed properties. This price can vary as it will depend on the issue in subject.

    Stamp Duty Land Tax

    This tax is payable on tenancies where the rent exceeds £125,000. Please contact HMRC for further information.
    For more information regarding the lettings process, please visit the Lettings Advice for Tenants page.
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Title

Meet our lettings team in the City
  • Introduction

    Our people make the difference

    Our experienced team has a wealth of knowledge and understand every client and properly is individual. We really do believe in exceptional service from the moment you instruct us to the moment you move out. Going the extra mile is what we are all about

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    Testimonials from Landlords

    • Landlord Testimonial

      extremely professional
      Huge thanks for all your help. You have been extremely professional and to be honest the best agent we have dealt with on Off Plan developments to date .
      By Jacqueline Dempsey
    • Landlord Testimonial

      expert knowledge
      Thank you to Fraser and Co for the help with marketing one of our penthouses, I have been impressed with the professional level of service you have shown at all times. In addition the expert knowledge you have of the local and overseas market is invaluable.
      By Romy Jardine
    • Landlord Testimonial

      always available for a chat
      I am a Landlord of several properties in London W2 and use Fraser and Co for my lettings and sales requirements. I find them extremely professional and efficient to work with. They have a long history of getting me great tenants at competitive rents, and my properties are always returned in excellent condition. Both the sales and lettings team are always there for a chat about any property related matters too if I just need a bit of advice. I look forward to dealing with them in the future and am sure our relationship will grow as my investment portfolio does. Particular mention to Rumina Aktar who has an amazing success rate for getting me great tenants and is always a pleasure to deal with.
    • Landlord Testimonial

      very useful advice
      To me as a landlord looking for a tenant, Gemma has been an excellent lettings agent. She is helpful and responsive. This is important as I live thousands of miles away. She dealt with the tenant searching arrangements very efficiently. She gave very useful advice on the rental market situation, and closed the deal for me in a short period of time. I am very happy with her services.

    Testimonials from Tenants

    • Tenant Testimonial

      always attentive and supportive
      I want to highlight my full satisfaction with the services provided by Fraser and Co. They have acted professionally all the way along, always attentive and supportive.
      By Fabrizio Calcabrini
    • Tenant Testimonial

      stand out performer
      Andrew is one of the most professional real estate agents I've dealt with. He's been very helpful in facilitating the successful completion of the flat purchase and his calm and competent manner make him a stand out performer in the industry.
      By Andrzej Omietanski
    • Tenant Testimonial

      Attentive and professional
      We have just rented a flat on N1 through Fraser and Co with the help of Daisy. Since the day she showed us the property Daisy has been very helpful, assisting us with all our questions. The communication has been excellent and she has been very attentive and professional. It's been a smooth process and we feel confident that she will be there to help us during our tenancy if we need it. Thank you!...
    Contact us

    Disclaimer

    The content on this Microsite has been uploaded by Fraser & Co, City Office. Rightmove Group Limited makes no warranty as to the accuracy or completeness of the content, any queries should be sent directly to Fraser & Co, City Office. Where properties are displayed on a page, this comprises a property advertisement. Rightmove Group Limited who operate the website Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. These property advertisements do not constitute property particulars. The information is provided and maintained by Fraser & Co, City Office. Please contact the agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland and if you have any query over the content.

    *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

    Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

    Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Fraser & Co, City Office on 0207 708 6869.


    Title

    Local presence, global reputation.
    • paragraph

      Location
      image cannot be displayed
      In the heart of Tech City, we're expertly placed to advise our clients in Old Street, Shoreditch, City of London and beyond.

      It's no surprise to find that the name 'Old Street' has ancient origins: this city thoroughfare started out as a Roman road, built to connect London with Colchester in Essex. Today Old Street runs from Clerkenwell to Shoreditch High Street. Lined with offices, restaurants and convenience stores, it forms part of a buzzing business district on the fringes of the city's Square Mile.

      Our City Office is situated just minutes from Old Street underground station and is located on the ground floor of one of Old Street's newest developments.

      Personal service combined with both local and international advertising and marketing plus regular seminars/exhibitions at home, in Europe and the Far East make Fraser & Co one of the leading estate agencies in London.

    • paragraph

      History
      image cannot be displayed

      Established in 1995, Fraser & Co is an award-winning independent estate agency with a strong local presence and a global reputation. From our offices in Paddington, City of London, Baker Street, Marylebone and Chiswick, we specialise in residential sales, lettings and property management throughout London, whilst our office in Hong Kong and Dubai enables us to effectively reach investors across the Far East and the Middle East.

      We are well-known in the market for selling and letting new-build schemes, however we are equally adept when it comes to achieving strong prices for newly-refurbished and older properties across London. We're particularly proud to have been awarded the title of 'London Letting Agent of the Year' at the Landlord and Letting Awards 2013.

      We pride ourselves on providing a personal, professional and highly efficient service to clients and applicants alike. We are flexible and customer-focused and take the time to fully understand our clients' requirements in order to ensure we achieve their goals. Our marketing expertise is second to none and we proactively market all properties we represent locally, nationally and internationally using a number of tried and tested channels.

      Whether you choose to buy, sell or let with Fraser & Co, you can expect the highest standard of service every step of the way. We are members of the National Approved Letting Scheme (NALS), The Property Ombudsman (TPO) and a member of the Tenancy Deposit Scheme (TDS) and abide by their strict codes of conduct.

    • paragraph

      Fund Raising
      image cannot be displayed
      As part of our 20th-anniversary celebrations, Fraser & Co has joined forces with London-based charity, Centrepoint, to raise funds to support young homeless people in the capital.

      Working in property, we know more than most how important it is to have a place to call home. Each year this amazing charity provides a safe place to live for more than 2,900 young people aged 16-25 in London and the north east of England, helping them to get back on their feet and start rebuilding their lives.

      Please consider making a donation today, however small, to help support the work of Centrepoint. We'll match any donations you make pound for a pound (up to £100 per person) to reach our target of £50,000. It's our way of saying a big thank you to the local community for supporting us over the last 20 years.

      Please consider making a donation today: https://www.justgiving.com/fraserandco-centrepoint-fundraising

    Contact us

    Title

    YOUR GUIDE TO SELLING A PROPERTY
    • paragraph

      From our offices in Paddington, Baker Street, Kew Bridge & Brentford, and City, we specialise in residential sales, lettings and property management throughout London. We also have offices in Hong Kong and Dubai enabling us to effectively reach investors across the Middle and Far East.

      We pride ourselves on providing customers with a personal, professional and efficient service from instruction to completion. We are flexible and customer-focused and take the time to fully understand our clients' requirements in order to achieve their end goal. Our marketing expertise is second to none and we proactively market all properties we sell locally, nationally and internationally.

      Getting started

      If you're selling your home or investment property, your first decision is easy: appoint an estate agent. Deciding which agent to engage is a little more challenging.

      Be wary of agents who provide high valuations or who offer low fees. High valuations are often a tactical device used to win sales instructions. Low fees, on the other hand, indicate an inexperienced or under-resourced agency. Both are equally unhelpful if you want to engage an experienced, efficient agency.

      Your chosen agency should have a good sales track record that stems from an intimate understanding of the area, a responsive, professional approach and the resources to deliver a high level of service. Their ideas and marketing experience are important too. Your sales partner should be able to suggest ways to enhance the value of your home and be able to apply the full potential of digital and social media marketing as well as traditional channels.

      Beyond that, you'll need to instruct a solicitor to draw up a contract and handle negotiations. Plus you'll need to put all the supporting paperwork in place: surveyors' certificates, planning permissions and building warranties.

      Presenting your home

      Getting your home looking its best for viewings is very important. Begin by having a clear out and put non-essential items in storage. A professional clean of your carpets, chimney and windows can pay dividends. Then move on to the garden - and make sure that's equally tidy. If your garden is a focal point, then pick a good time for pictures as that can make all the difference. Think about a few coats of paint, particularly for your homes' entrance and front, as this will create the best possible first impression. And it may be worth installing some good quality rented furniture for unfurnished properties.

      As hard as it may be to stay away, we generally recommend that you aren't present when prospective buyers visit. In our experience, this can make prospective purchasers uncomfortable. A good agent will always provide feedback on each viewing.

      The sales process

      No two sales are quite the same, but there are always set stages on the journey. The key point is to work with an experienced agent that can support you at every step.

      Step 1: The offer

      Prospective buyers will make offers through your estate agent, whose job it is to achieve the highest price for your property. You need to decide whether the highest offer is the right offer, as it may involve some risk. For example, your potential buyer may be in a long chain and dependent on other sales to complete.

      Step 2: Before exchanging contracts

      In most cases, you're not legally obliged to sell your property until contracts have been exchanged. However, the conveyancing process can sometimes be tricky, your agent should protectively manage the sale on your behalf and liaise between all parties, as well as provide you with updates.

      Step 3: Exchange and Completion

      This is where your legal responsibilities begin. First you and your buyer will both sign and exchange contracts. At this point you'll agree a completion date for the transaction and your buyer will place a deposit on your property, usually 10%. If they don't complete the purchase, they'll be liable for the "specific performance" of the contract. Your buyer will pay the balance of the purchase price when you complete.

      Worldwide reach

      Unlike most other agents in London Fraser & Co are in a unique position to market your property overseas through one of our International Offices. With a full set-up in Hong Kong and Dubai we have dedicated sales professionals to market your London property directly to overseas buyers.

      World-class service

      We combine traditional, attentive customer care with a progressive research-led approach to bring sellers an exceptional service. Our insights come from our specialist team of researchers alongside our in-depth'on-the-ground' experience, which means you will always be aware of the latest market intelligence.

      Backed by this insight and able to draw on specialists in every aspect of housing, we offer the most extensive property service in the UK. We can guide you on how to enhance the sale value of your property through everything from planning consent to refurbishment and leasehold enfranchisement.

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    Title

    YOUR GUIDE TO BUYING A HOME OR INVESTING
    • paragraph

      Getting started

      Purchasing a home is the largest investment most of us are likely to make, so it is essential to be properly informed. Searching property portals can be a good starting point, but it is also important to instruct an experienced estate agent. Their professional advice is an excellent resource and will offer further insight into the market.

      Talk to Fraser & Co and you'll soon discover how our experts bring insight and guidance that cannot be found elsewhere. We're often asked to bring properties to buyers before they appear in the public domain.

      Being prepared

      The market moves quickly, so getting organised early can pay real dividends. Be ready to instruct a solicitor to draw up the purchase contract. Most importantly of all, get your mortgage in place as quickly as you can. Engaging an independent mortgage broker can help you find the right product and advice. Don't forget all the paperwork you'll need for your application, including proof of ID, bank statements and pay slips.

      Leasehold or freehold?

      A freehold property and the land it stands on are owned outright, making buyers responsible for the upkeep, maintenance and repair. Most houses fall under this category. Leasehold properties are only owned by the buyer for a defined period of time. Most apartments are leasehold.

      In a leasehold property, you pay ground rent and service charge to the freeholder. In return, they maintain the shared parts of the building and repair the exterior. After two years of owning a leasehold property, you can usually extend a lease subject to you and the freeholder qualifying. If a lease isn't extended by the end of the specified term, its ownership passes to the freeholder.

      Some properties in apartment blocks are for sale with a share of the freehold. This means that the residents collectively own the building and the land it sits on. As such, they're responsible for appointing a managing agent and setting service charges.

      The purchasing process

      Every purchase is different, but there are some set steps. The important point is to work with experienced agents that can support you at every stage.

      Step 1: The offer

      When you've found the home you want, make an offer through the estate agent. Negotiate if the vendor doesn't accept your initial offer, but don't forget that in most cases the agent is paid by the seller to achieve the best price. When you've agreed the price, the estate agent will prepare a Memorandum of Sale confirming the terms of the sale.

      Step 2: The critical period

      There is no binding legal obligation for a vendor to sell the property to the prospective buyer. Until contracts are exchanged, they can sell to someone else or withdraw the property.

      As a buyer, you could lose the fees for the professional services you've paid if the seller pulls out of the deal.

      You need to keep the ball rolling by instructing a solicitor to conduct searches, review the contract and negotiate any issues. You will also need to engage a surveyor to inspect the property. They'll either complete a basic assessment in the form of a home buyer's report or a full structural and building survey. Finalising the financing is important at this point as finance-related delays are a common cause of sellers pulling out. You'll need a formal mortgage offer letter from your lender, who will complete a valuation of your home.

      Step 3: Exchange and completion

      Contracts are signed and exchanged when both parties are happy with the terms of the deal. At this point a completion date is set and the buyer makes a deposit payment - usually 10% of the purchase price. You may forfeit this if you fail to complete the purchase.

      Costs and fees

      Budgeting carefully is important. Don't forget these additional costs:

      • Mortgage fees - for arrangement costs, valuation survey and legal services
      • Legal fees - for drawing up contracts
      • Local Authority searches - conveyancing
      • Land Registry fees
      • Stamp Duty Land Tax (SDLT) - which is 0% on the first £125,000 of the property price; 2% on the next £125,000; 5% on the next £675,000; 10% on the next £575,000; 12% on the rest (in excess of £1.5 million). SDLT is charged at 15% on residential properties costing more than £500,000 when companies and collective investment schemes buy them
      • Moving and storage costs

      Worldwide reach

      Unlike most other agents in London Fraser & Co are in a unique position to market your property overseas through one of our International Offices. With a full set-up in Hong Kong and Dubai we have dedicated sales professionals to market your London property directly to overseas buyers.

      World-class service

      Our growing branch network in the UK, provides an end-to-end property service. This means you'll be able to access specialist advice on everything, from capital growth to rental yields and asset management.

      Ours is a progressive, insight-led service that draws on specialist research capabilities as well as on-the-ground experience. But the benefits of a personal, attentive approach are never overlooked. We'll work with you to understand your needs and help you achieve your aims.
    • paragraph

      Convenient Opening Hours
      image cannot be displayed
      Our offices are open Monday-Friday 8:45am through to 6pm every week and every Saturday for viewings and appointments as required. Our negotiators and staff can either meet you at the property or drive you from the office if you're undertaking a wider property tour.
    Contact us

    Title

    Property Managment
    • service

      At Fraser & Co, we appreciate that all landlords are different. A certain proportion of landlords will always opt to manage their own properties, but for many it's not practical to be on hand to deal with any unforeseen maintenance emergencies or oversee the necessary administration involved with a tenancy because they live overseas or lead busy lives.

      Our dedicated and highly experienced Property Management department represents the interests of landlords throughout a tenancy and acts as the main point of contact for the tenant. We have considerable experience in managing all types of residential properties and our network of offices in Central London enables problems to be dealt with quickly and efficiently.

      As a company, we manage close to 1,000 residential properties and, on average, 80% of our tenancies are renewed for a further term which demonstrates the quality of our service. Fraser & Co's highly acclaimed and genuinely flexible property management service is tailored to the needs of busy landlords of all types and normally includes:

      • Ensuring the property complies with current legislation such as: organising a gas safety check to be carried out by a Gas Safe registered engineer (with further checks carried out on an annual basis); ensuring that the electrical system and all appliances are safe; and ensuring that fire safety regulations are followed, i.e. making sure that escape routes aren't blocked, fire alarms and extinguishers are provided (if the property is a 'house in multiple occupation') and furniture and furnishings are fire safe.
      • Recommending any improvements that would increase the rental potential of the property. Fraser & Co can then organise and oversee anything from a minor repair, to a complete redecoration or full renovation, to suit your needs and budget
      • Arranging the check-in inventory with a specialist inventory company at the start of the tenancy and the check-out report at the end of the tenancy and negotiating the return of the deposit accordingly
      • Collecting the rent and chasing arrears
      • Organising any essential repairs that may be required at specially negotiated rates. We use only approved contractors from our list of trusted tradesmen
      • Conducting biannual property inspections in order to identify any potential problems before they escalate
      • Advising utility companies and any other applicable third parties of correct liability and settling any bills or invoices accordingly
      • Organising a professional clean (if required) Fraser & Co is a member of ARLA and, as such, adheres to its robust code of practice.

    Contact us

    Title

    Meet our sales team in the City
    • Introduction

      Our people make the difference

      Our experienced team has a wealth of knowledge and understand every client and properly is individual. We really do believe in exceptional service from the moment you instruct us to the moment you move out. Going the extra mile is what we are all about

    Contact us

      Title

      Testimonials

      Testimonials from Sellers

      • Seller Testimonial

        extremely professional...
        Huge thanks for all your help. You have been extremely professional and to be honest the best agent we have dealt with on Off Plan developments to date.
        By Jacqueline Dempsey
      • Seller Testimonial

        expert knowledge...
        Thank you to Fraser & Co for the help with marketing one of our penthouses, I have been impressed with the professional level of service you have shown at all times. In addition the expert knowledge you have of the local and overseas market is invaluable.
        By Romy Jardine
      • Seller Testimonial

        always there for a chat...
        I am a Landlord of several properties in London W2 and use Fraser and Co for my lettings and sales requirements. I find them extremely professional and efficient to work with. They have a long history of getting me great tenants at competitive rents, and my properties are always returned in excellent condition. Both the sales and lettings team are always there for a chat about any property related matters too if I just need a bit of advice. I look forward to dealing with them in the future and am sure our relationship will grow as my investment portfolio does. Particular mention to Rumina Aktar who has an amazing success rate for getting me great tenants and is always a pleasure to deal with.

      Testimonials from Buyers

      • Buyer Testimonial

        ...always attentive and supportive
        I want to highlight my full satisfaction with the services provided by Fraser & Co. They have acted professionally all the way along, always attentive and supportive.
        By Fabrizio Calcabrini
      • Buyer Testimonial

        stand out performer...
        Andrew is one of the most professional real estate agents I've dealt with. He's been very helpful in facilitating the successful completion of the flat purchase and his calm and competent manner make him a stand out performer in the industry.
        By Andrzej Omietanski
      Contact us

      Disclaimer

      The content on this Microsite has been uploaded by Fraser & Co, City Office. Rightmove Group Limited makes no warranty as to the accuracy or completeness of the content, any queries should be sent directly to Fraser & Co, City Office. Where properties are displayed on a page, this comprises a property advertisement. Rightmove Group Limited who operate the website Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. These property advertisements do not constitute property particulars. The information is provided and maintained by Fraser & Co, City Office. Please contact the agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland and if you have any query over the content.

      *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

      Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

      Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Fraser & Co, City Office on 0207 708 6869.


      Welcome to Fraser & Co, City Office

      Title

      Find Us

      Branch address

      Regus,
      Eagle House,
      167 City Road
      London,
      EC1V 1AW

      Get in touch

      Buying: 020 3858 2950  Local call rate
      Letting: 020 3858 2951  Local call rate

      Disclaimer

      The content on this Microsite has been uploaded by Fraser & Co, City Office. Rightmove Group Limited makes no warranty as to the accuracy or completeness of the content, any queries should be sent directly to Fraser & Co, City Office. Where properties are displayed on a page, this comprises a property advertisement. Rightmove Group Limited who operate the website Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. These property advertisements do not constitute property particulars. The information is provided and maintained by Fraser & Co, City Office. Please contact the agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland and if you have any query over the content.

      *Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

      Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

      Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Fraser & Co, City Office on 0207 708 6869.