Landlord Fees
What are the costs involved in letting my property?
FULL MANAGEMENT LET & RENT COLLECTION
12.5% of the monthly rental amount plus VAT at the prevailing rate (15% inclusive of VAT)
Tenancy Setup Cost
(including all Advertising, Tenancy Agreements, Inventory & Schedule of Condition & End of Tenancy Check)
SET UP FEE £350.00 + VAT (£420 inclusive of VAT)
LET & RENT COLLECTION
7.5% of the monthly rental amount plus VAT at the prevailing rate (9% inclusive of VAT)
Tenancy Setup Cost
(including all Advertising, Tenancy Agreements, Inventory & Schedule of Condition)
SET UP FEE £350.00 + VAT (£420 inclusive of VA9
TENANT FIND
One off payment of 80% of the first months’ rent plus VAT at the prevailing rate (100% Including VAT)
(including all Advertising, Tenancy Agreements, Inventory & Schedule of Condition & End of Tenancy Check)
ADDITIONAL COSTS approximate & Exclusive of VAT unless stated otherwise
Safety Testing
- Landlords Gas Safety Test & Service £95
- EICR 5 Year Inspection from £150
- Energy Performance Certificate £90
Amendments / Additions
- Tenancy extension or amendment if requested £95
- Tenancy renewal if requested £95
- Bailiff attendance £180
- Vacant property visits £48 per visit
- Court attendance £300
- Cancellation of an agreed let £300
- Attendance with British Gas engineer £60
- Overseeing refurbishment projects with works in excess of £2,500 – 5% of the total invoiced
Non Managed Additional Services
- Serving notice to end a tenancy of a non-managed property £95
- Arranging safety testing for a non-managed property £25 plus the invoice total
- Tenancy deposit dispute handling £75 per hour
- Overseeing refurbishment projects with works in excess of £2,500 – 5% of the total invoiced
Newcombe Residential Limited is part of the National Federation of Property Professionals Client Money Protection Scheme through our membership of ARLA Propertymark.
