Oadby 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 not covered by Client Money Protection (CMP)

Let Only Service- £300 inc VAT.

Rent Collection Service - Setup fee (Landlord's Share) £180.00| Monthly Fee 6% of monthly rent | Minimum fee of £480.00 (Cancellation/Minimum Fee: Where Rent Collection 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). 

Fully Managed Service - Setup fee (Landlord's Share) £180.00 | Monthly Fee 10% of monthly rent | Minimum fee of £600.00 (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). 

 

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

Full Management Service:

Monthly Management Fee:10% inc VAT of the rent, deducted from the rent as received

Tenancy Set up Fee:£180.00 inc VAT

Deposit Registration:Included

Renewals to same tenant on same terms:Included

Duplication & testing of extra keys:Cost of keys

Legionnaires’ Risk Assessment£114 inc VAT

Arranging gas safety certificate:£90.00 inc VAT

Arranging electrical safety certificate:£132.00 inc VAT

EPC Certificate:£90.00 inc VAT

Inventory & Check In:*see price list

Issuing S.21 Notice of Seeking Possession:included

Issuing S.8 notice:included

Cancellation/ Minimum Fee: Where Full Management service is cancelled during the tenancy (including any extensions) the minimum fee applies if on termination the total fees due are less than the minimum fee.£600.00 inc VAT 

Rent Collection Service:

Monthly Management Fee:6% inc VAT

Tenancy Set up Fee:£180.00 inc VAT

Deposit Registration:Included

Renewals to same tenant on same terms:Included

Duplication & testing of extra keys:Cost of keys

Short Lets (less than 6 months):24% inc VAT

Faxes & overseas telephone calls:telephone costs

Arranging gas safety certificate:£90.00 inc VAT

Arranging electrical safety certificate:£132.00 inc VAT

EPC Certificate:£90.00 inc VAT

Inventory & Check In:*see price list

Additional Inspections:£50.00 each

Cancellation/ Minimum Fee: Where Rent Collection service is cancelled during the tenancy (including any extensions) the minimum fee applies if on termination the total fees due are less than the minimum fee.£480.00 inc VAT

Letting Only Service:

Tenancy Set – up Fee:60% of monthly rent 

Deposit Registration:Included

Renewals to same tenant on same terms:£100.00 inc VAT

Duplication & testing of extra keys:Cost of keys

Inventory & Schedule of Condition:*see price list

Issuing S.21 Notice of Seeking Possession:£99.00 inc VAT

Issuing S.8 notice:£99.00 inc VAT

Additional Inspections:£50.00 each

Arranging gas safety certificate:£90.00 inc VAT

Arranging electrical safety certificate:£132.00 inc VAT

EPC Certificate:£90.00 inc VAT

Checking out tenants at the end of a tenancy:*see price list

Minimum fee: Where 60% of the monthly rent is less than the minimum fee of £250.00 inc VAT, the minimum fee is due£250.00 inc VAT

If paying by Debit Card there will be an additional charge of £0.50. If paying by Credit Card there will be an additional charge of 2% of the total value of the transaction. 

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

Address: 2 Brooksby Drive, Oadby, Leicester, Leicestershire LE2 5AA  tel: 0116 3660990 email: oadby@newtonfallowell.co.uk

Registered Company Name: Newton Fallowell (Oadby) Ltd Registered No:8498499 Registered Address: Suite 2 Rosehill, 165 Lutterworth Road, Blaby, Leicestershire LE8 4DY