Leicester Forest East
Landlord Fees

Here is a list of all of our fees and charges for Landlords.

For a full breakdown of what is included in the different levels of service listed below please call us and ask us for our Landlord Pack. All Fees listed are inclusive of VAT.

Please note that we are members of The Property Ombudsman (Independent Redress Scheme) and we are covered by Propertymark Client Money Protection (CMP).

Silver Tenant Find Only – Setup Fee (Landlord’s Share) 60% of monthly rent | Minimum fee of £510

Gold Rent Collection – Setup fee (Landlord’s Share) £210 | Monthly Fee 12% of monthly rent | Minimum monthly fee of £48

Platinum Fully Managed – Setup fee (Landlord’s Share) £210 | Monthly Fee 15% of monthly rent | Minimum monthly fee of £48

Additional services to assist the landlord are available at the following cost:

Annual Tenancy Deposit Registration Fee – £18

Inventory Fee Unfurnished – Included

Inventory Fee Furnished – £60

Instructing Contractors for Gas, Legionella and Electric Safety Checks – Included (Platinum and Gold) £150 float (Silver)

Arranging for Stamp – at cost

Inspections – Included (Platinum) £60 (Gold and Silver)

Annual Rent Review – Included (Platinum and Gold) £60 (SIlver)

Obtaining estimates & supervision of major works over £250 – 10% of cost of work (Platinum and Gold) N/A (Silver)

Rent Review/Renewal Fee – Included (Platinum and Gold) £120 (Silver)

Checkout Fee (Landlord’s Share) – Included (Platinum and Gold) £60 unfurnished £90 furnished (Silver)

Re letting to new tenants – £210 (Platinum and Gold) 60% of monthly rent (Silver)

Issuing Section Notices – Included (Platinum and Gold) £90 by hand £60 by post (Silver)

Warranty insurance available on Gold and Platinum services only – please ask for details.

Up to £400 Rent – £21 a month

£401 – £700 – £24 a month

£701 + – £36 a month

If you require any further information please don’t hesitate to contact us:

Leicester Forect East Address: 18 Hinckley Road, Leicester Forest East, Leicestershire LE3 3GH tel: 0116 366 5666 email: [email protected]

Newton Fallowell is the trading style of Newton Fallowell (L.F.E) Ltd Registered in England No. 09160709 Registered Address: Suite 2 Rosehill, 165 Lutterworth Road, Blaby. Leicestershire LE8 4DY.