Salisbury Landlord Fees
Landlord Fees Schedule
FULLY MANAGED
Maximum Full Management Fee
(including VAT)
10-14% + VAT (12 – 16.8% incl VAT)
Set Up Fee
£350 + VAT (£420 incl VAT)
Included Services
Undertaking comprehensive, independent referencing of all potential tenants.
Included at no extra cost
Drafting of comprehensive tenancy agreement
Included at no extra cost
Drafting of a Renewal Agreement (new 6 or 12 month fixed term)
£75+VAT (£90 incl VAT)
Comprehensive inventory prepared by an independent inventory clerk
1 Bed
£100 + VAT (£120 incl VAT)
2 Bed
£150 + VAT (£180 incl VAT)
3 Bed
£170 + VAT (£204 incl VAT)
4 Bed+
£200 + VAT (£240 incl VAT)
Collecting and registering the Damage Deposit with the DPS or TDS
Included at no extra cost
Arranging pre-tenancy works (cleaning, gas safety certificates and energy performance certificates)
Included at no extra cost
Notifying utility companies & Council at start & end of tenancy
Included at no extra cost
ARLA approved legal advice helpline available
Included at no extra cost
Serving of Possession (Section 21) and Rental Increase Notices
£100 + VAT (£120 incl VAT) per notice
Complying with NRL & HMRC requirements
Included at no extra cost
Dedicated Property Manager and Maintenance Manager
Included at no extra cost
Providing tenants with an ‘out of hours’ help line
Included at no extra cost
Producing an annual tax statement of income and expenditure
Included at no extra cost
Collecting rent and promptly transferring it by BACS upon receipt
Included at no extra cost
Dedicated accounts person to chase & manage arrears
Included at no extra cost
Conducting Management Inspections and reporting back
Included at no extra cost
Detailed End of tenancy inspection
1-2 Bed
£100 + VAT
(£120 incl VAT)
3-4 Bed
£150 + VAT
(£180 incl VAT)
Negotiating with the tenants regarding the return of the Damage Deposit & processing deposit disputes
Included at no extra cost
Attending Court
£150 + VAT (£180 incl VAT)
TENANT FIND ONLY FEES
Maximum Tenant Find Fee* (including VAT)
*Of the first month’s rental income
£500 + VAT (£600 incl VAT)
Included Services
Undertaking comprehensive, independent referencing of all potential tenants (Enhanced referencing for Fully Managed Plus Service)
Included at no extra cost
Drafting of comprehensive tenancy agreement
Included at no extra cost
Comprehensive inventory prepared by an independent inventory clerk
1 Bed
£100 + VAT (£120 incl VAT)
2 Bed
£150 + VAT (£180 incl VAT)
3 Bed
£170 + VAT (£204 incl VAT)
4 Bed+
£200 + VAT (£240 incl VAT)
Collecting and registering the Damage Deposit with the TDS
£75 + VAT (£90 inc VAT)
Arranging pre-tenancy works (cleaning, gas safety certificates and energy performance certificates)
Included at no extra cost
Serving of Possession (Section 21) and Rental Increase Notices
£100 + VAT (£120 incl VAT) per notice
Change of Tenancy Agreement (During Tenancy)
£100 + VAT (£120 incl VAT)
Complying with NRL & HMRC requirement
Included at no extra cost
Dedicated Property Manager and Maintenance Manager
N/A
ARLA approved legal advice helpline available
N/A
Producing an annual tax statement of income and expenditure
Included at no extra cost
Collecting rent and promptly transferring it by BACS upon receipt
Included (Tenant Find Rent Collect Service Only)
Dedicated accounts person to chase/manage arrears
Included (Tenant Find Rent Collect Service Only)
Conducting Management Inspections and reporting back
£120 per visit incl VAT
Detailed End of tenancy inspection
1-2 Bed
£100 + VAT
(£120 incl VAT)
3-4 Bed
£150 + VAT
(£150 incl VAT)
Negotiating with tenants the return of the Damage Deposit & arranging for it to be refunded
Included at no extra cost
Processing deposit disputes with DPS or TDS
£100 + VAT (£120 incl VAT)
Notifying utility companies/Council at change of tenancy
Included at no extra cost
RENT COLLECTION
‘Tenant Find Rent Collect’ Fee
Tenant Find fees shown above plus 6% including VAT (5% + VAT) of the monthly rental income thereafter.
ADDITIONAL FEES
Property Refurbishment – Management – 10% of refurbishment cost (only payable if Northwood are not instructed to re-let the property)
All schemes (except Guaranteed Rent)
TENANCY AGREEMENT PREPARATIONS/ SERVING OF NOTICE TO TENANTS
£100 + VAT (£120 incl VAT)
Attendance to court all schemes (except Guaranteed Rent)
£150 +VAT (180 incl VAT)
Legionnaires Inspection
£60 including VAT
Withdrawal Fee (Pre Tenancy)
£200 including VAT
Withdrawal Fee (During Tenancy) (Includes the transfer of any Damage Deposit)
£300 including VAT
EPC – Energy Performance Certificate
£96 including VAT
Gas Safety & EICR Inspections
£99 including VAT / EICR price depends on property.
Client Money Protection Certificate
We are proud to have Client Money Protection in place provided by CMP Protect.
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