Letting, rent collection and renewal
12% of the rent for whole term of the tenancy including any extension or renewal
This includes:
- Extensively advertise your property
- Advice on preparing your property to be let
- Arrange and carry out accompanied viewings
- Market the property and advertise on the relevant portals
- Finding a tenant
- Conduct a comprehensive reference check
- Negotiate terms and draw up a bespoke tenancy
- Collect, hold & protect the deposit
- Provide tenant with method of payment
-
Collect the initial rent due
-
We hold all clients’ money in a designated and audited client money account & protected by the Clients money protection scheme
-
Arrange an inventory check in/check out (additional fees apply)
-
We arrange for a EICR or EPC (additional fees apply)
-
Apply for the building sub-licence
-
Deduct any pre-tenancy invoices
-
We issue you with an invoice & statement
-
We provide help in recovering rent in the very rare event it happens
-
This commission will also be due on every tenancy renewal.
Letting, rent collection, renewal and management
18% of rent for the whole term of the tenancy including any extension or renewal
This includes:
- Extensively advertise your property
- Advice on preparing your property to be let
- Arrange and carry out accompanied viewings
- Market the property and advertise on the relevant portals
- Finding a tenant
- Conduct a comprehensive reference check
- Negotiate terms and draw up a bespoke tenancy
- Collect, hold & protect the deposit
- Provide tenant with method of payment
- Collect the initial rent due
- We hold all clients’ money in a designated and audited client money account & protected by the Clients money protection scheme
- Arrange an inventory check in/check out (additional fees apply
- We arrange for a EICR or EPC (additional fees apply)
- Apply for the building sub-licence
- Deduct any pre-tenancy invoices
- We issue you with an invoice & statement
Additional service offered with Management
- We provide safekeeping of your keys through-out the tenancy
- We insure that all standing orders for the tenants are properly set up
- We issue monthly rental statements
- We transfer all utilities at the start and end of the tenancy
- We provide help in recovering rent in the very rare event it happens
- We provide an annual statement of accounts (if required)
- We agree the terms of renewals, securing rent increases where possible
- We provide and assist with any refurbishments required
- We keep you updated with any new legislations
- We provide direct access to a dedicated local property management team
- We meet and greet your tenant as they move in
- We visit the property during the tenancy to conduct an annual inspection
- We act as intermediary with insurance companies or block management as required
- We provide 24 hour emergency service for your tenants
- We have our own Newington’s maintenance engineers available at short notice
- Where necessary we instruct and pay contractors on your behalf
- We insure all contractors have the correct insurance policies in hand
- We arrange & accompany all contractors
- We review the check in/check out and advice on any deductions from the deposit
Additional optional and non-optional fees
| Administration and Tenancy Agreement fee | £408 |
| Inventory Check In | From £144 |
| Inventory Check Out | From £144 |
| Right to Rent Checks (per person) | No Fee Appliable |
| Land Registry | No Fee Applicable |
| Renewal Agreement | £216 |
| Deposit Registration | No Fee Applicable |
| References (per person) | No Charge |
| Let Only Rent Collection | 2.1% |
| Gas Safety Certificate | From £114 |
| EPC | From £60 |
| Legionella Check | From £120 |
| Electrical Saftey (EICR) | From £210 |
| Vacant Management | From £120 per month |
| Sale of property | 2.4% of agreed sale price |
| Arranging works or refurbishment | 9% of net cost – No Fee for Managed properties |
| Tenancy Renewal Documents | No Fee Applicable |
| Section 13 Notice | No Fee Applicable |
| Section 21 Notice | No Fee Applicable |
| Insurance claim meetings | £120 per hour – No fee for Managed properties |
| Making an international payment | £30 |
| Same day UK payment | No Fee applicable |
| Submitting non-resident landlord returns | No Fee Applicable |
All fees and charges shown are inclusive of VAT
Subscribe To Our Newsletter






