Oadby Landlord 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 298 3604

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

Let Only Service – Total payable of £650.00 (inclusive of VAT) for when a suitable new Tenant is introduced through the Agent & a new tenancy is set-up.

£200.00 (inclusive of vat) to be payable up-front for photography, virtual tour, floor plan, advertising, dealing with enquiries and vetting applications, accompanied viewings, referencing checks etc.

A further £450.00 (inclusive of vat) to be payable upon completion, should a suitable Tenant be found that is accepted by the Landlord, for preparation of tenancy agreement, detailed photographic inventory, notification of utility suppliers/council regarding Tenant move-in, collection of first month’s rent & deposit etc.

Fully Managed Service – Set-up fee £395.00 (inclusive of VAT) for when a suitable new Tenant is introduced through the Agent & a new tenancy is set-up.

£200.00 (inclusive of vat) to be payable up-front for photography, virtual tour, floor plan, advertising, dealing with enquiries and vetting applications, accompanied viewings, referencing checks etc.

A further £195.00 (inclusive of vat) to be payable upon completion, should a suitable Tenant be found that is accepted by the Landlord, for detailed photographic inventory, preparation of tenancy agreement, protection of deposit, notification of utility suppliers/council at start and end of tenancy, etc.

Monthly Commission rate: 12% inclusive of vat, of the monthly rent.

Fully managed service to include:

Collection of monthly rent, monthly and annual rent statements, periodic inspections during tenancy, handling of day-to-day queries by tenants, free maintenance quotes on majority of jobs (major works may not apply), final inspection report, handling of deposit disputes etc.

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

FULLY MANAGED SERVICE:

  • Deposit Registration: Included
  • Renewal of contract: £60.00 inclusive of vat
  • Duplication & testing of extra keys: Cost of keys & fuel
  • Selective licensing scheme application: Quote available upon request to submit application, including floor plan and fire risk assessment, and arrange any required maintenance work
  • Legionella Risk Assessment: Quote available upon request sourcing local approved contractors to supply
  • Arranging Gas Safety Certificate for 2 gas appliances: Quote available upon request sourcing local approved contractors to supply
  • Arranging an Electrical Installation Condition Report: Quote available upon request sourcing local approved contractors to supply
  • Energy Performance Certificate : Quote available upon request sourcing local approved contractors to supply
  • Issuing Section 21 Form (6A Notice of Seeking Possession): quote available upon request from a recommended local solicitor
  • Issuing Section 8 notice: quote available upon request from a recommended local solicitor
  • Issuing Section 13 notice: quote available upon request from a recommended local solicitor
  • Mid-tenancy cancellation fee of £650.00 inclusive of VAT (Cancellation Fee: Where Full Management service is cancelled mid tenancy / including any extensions)

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: £120.00 inclusive of VAT
  • Duplication & testing of extra keys: Cost of keys & fuel
  • Issuing Form 6a Notice of Seeking Possession: will put Landlord in touch with a recommended local solicitor
  • Issuing S.8 notice: will put Landlord in touch with a recommended local solicitor
  • Issuing Section 13 notice: will put Landlord in touch with a recommended local solicitor
  • Additional Inspections: £90.00 each inclusive of VAT
  • Arranging gas safety certificate for 2 gas appliances: will put Landlord in touch with a recommended local contractor
  • Arranging an Electrical Installation Condition Report: will put Landlord in touch with a recommended local contractor
  • EPC Certificate: will put Landlord in touch with a recommended local contractor
  • Check-out Report only: £180 inclusive of vat – please note, the Landlord will be responsible for dealing with any end of tenancy claims against the Tenant’s deposit/and any subsequent deposit disputes etc.

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

Address: 2 Brooksby Drive, Oadby, Leicester, Leicestershire LE2 5AA Tel: 0116 298 3604 email: oadby@newtonfallowell.co.uk

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