Newcastle Benton Landlord Fees
All our fees are shown inclusive of VAT where applicable.
Guaranteed Rent
If you are renting your property to us on the Guaranteed Rent Service, we will not charge you any fees at all.
Charges will apply for our other services, please see the table below for details of these.
Set Up Fee for Fully Managed and Rent Collection
When you first instruct us on either of these schemes you will have to pay a Set Up Fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc. The Set Up Fee is payable each time you instruct us to find a new tenant for your property.
A fee for protecting the tenant’s deposit may be charged separately to cover our costs.
Commission for Fully Managed and Rent Collection
We charge a monthly commission for the ongoing management of your property, which will depend on the level of service you require.
Renewal Fee for Fully Managed and Rent Collection
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Tenant Find Charges
If you simply want us to find a tenant for your property, we will charge you a one off fee. This fee covers all the cost of advertising, finding a tenant, compiling the inventory and drawing up agreements etc.
Renewal Fee for Managed and tenant find Landlords
If you are happy to renew the tenancy we may charge you a Renewal Fee, payable prior to the tenant signing a new agreement.
Our Fees
| Charge (inclusive of VAT where applicable) | |
|---|---|
| Standard Set Up Fee – Fully Managed | £540 |
| Standard Monthly Commission – Fully Managed | 15.6% |
| Standard Set Up Fee – Rent Collection | £540 |
| Standard Monthly Commission – Rent Collection | 12% |
| Standard Tenant Find Commission | £600 |
| Renewal Fee for a new Tenant Contract | £90 |
All Fees are inclusive of VAT
Any percentage fees shown are calculated based on the monthly rent.
We are proud to have Client Money Protection in place which is provided by Propertymark (previously know as Propertymark).
We are a member of redress scheme administered by the Property Ombudsman.
* Fees may apply
** For eviction of tenant
*** Up to 1.5 months rental value, subject to fair wear and tear
Client Money Protection Certificate
Book a Free Market Appraisal
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