OadbyLandlord Fees

Please find below a list of our current Landlord services. All Fees listed are inclusive of VAT. Our terms of business can also be sent to you upon request.

If you have any further queries please give us a call on 0116 366 0990

Please note that we are members of The Property Ombudsman (Independent Redress Scheme) and we are covered by Safeagent Client Money Protection (CMP). To view our certificate, please see below.

Let Only Service – £650.00 (inclusive of VAT) payable for each letting where the tenant is introduced through the Agent *includes advertising, photography & virtual tour, accompanied viewings, referencing checks, preparation of tenancy agreement, detailed photographic inventory, notification of utility suppliers/council, collection of first month’s rent & deposit etc.

Fully Managed Service – Setup fee £400.00 (inclusive of VAT) *includes advertising, photography & virtual tour, accompanied viewings, referencing checks, detailed photographic inventory, preparation of tenancy agreement, collection of rent, protection of deposit, monthly and annual rent statements, periodic inspections during tenancy, free maintenance quotes on majority of jobs, check-out report, handling of deposit disputes, notification of utility suppliers/council at start and end of tenancy, etc.
Monthly Commission rate of 10% inc vat of monthly rent

We are also happy to offer Landlords an alternative option for a fully managed service: zero set-up fee and a monthly commission rate of 14% inc vat of monthly rent

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

Fully managed service:

  • Deposit Registration: Included
  • Renewal of contract: £60 inclusive of vat
  • Duplication & testing of extra keys: Cost of keys
  • Legionella Risk Assessment: £45 inc VAT
  • Arranging Gas Safety Certificate for 2 gas appliances: £95.00 inc VAT
  • Arranging an Electrical Installation Condition Report: Depends on the size of the property: quote available on request
  • Energy Performance Certificate Certificate: £96.00 inc VAT
  • Issuing Form 6A Notice of Seeking Possession: £100 inc VAT
  • Issuing S.8 notice: quote available upon request
  • Minimum fee of £800.00 (Cancellation/Minimum Fee: Where Full Management service is cancelled mid tenancy (including any extensions) the minimum fee applies if on termination the total fees due are less than the minimum fee).

Let Only Service:

  • Deposit Registration: Landlord is required to protect the Deposit within 30 days of payment with a government approved deposit scheme
  • Renewals to same tenant on same terms:£100.00 inc VAT
  • Duplication & testing of extra keys: Cost of keys
  • Issuing Form 6a Notice of Seeking Possession: £200 inc VAT
  • Issuing S.8 notice: quote available upon request
  • Additional Inspections: £90.00 each inc VAT
  • Arranging gas safety certificate for 2 gas appliances: £95.00 inc VAT
  • Arranging an Electrical Installation Condition Report: Depends on the size of the property: quote available on request
  • EPC Certificate: £96.00 inc VAT
  • Check-out Report only: £200 inc vat – The Landlords will be responsible to deal with any end of tenancy claims against the Tenant’s deposit/any subsequent disputes etc.

If you require any further information please do not hesitate to contact us:

Tel: 0116 366 0990 Email: oadby@newtonfallowell.co.uk

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Whether you’re ready to sell, a landlord looking to rent or are just interested in how much your property might be worth, the most accurate appraisal of your property is with an appointment with one of our experienced local agents.

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