Reading and Newbury Landlord Fees

Landlord Fees

All our fees are shown inclusive of VAT where applicable.

Guaranteed Rent Service

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.

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.

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, undertaking references and drawing up agreements etc. The Set-Up Fee is payable each time you instruct us to find a new tenant for your property and will depend on the size of the property.

We will charge you a separate fee for drawing up the inventory.  This will depend on the size of the property.
A fee for protecting the tenant’s deposit may be charged separately to cover our costs.

Renewal Fee for Fully Managed and Rent Collection

If you wish us 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, undertaking references and drawing up agreements etc.

We will charge you a separate fee for drawing up the inventory.  This will depend on the size of the property.
A fee for protecting the tenant’s deposit may be charged separately to cover our costs.

Renewal Fee for Tenant Find

If you wish us 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  From £282 to £474
Standard Monthly Commission – Fully Managed 14.4%
Standard Set Up Fee – Rent Collection  From £282 to £474
Standard Monthly Commission – Rent Collection 9.6%
Standard Tenant Find Commission 60% of the first months' rent
Inventory From £87 to £245
Tenant Find Renewal Charges £72
Deposit Protection Fee £27
Rent Guarantee Insurance £18 per month or £216 annually
Any percentage fees shown are calculated based on the monthly rent
Northwood Reading & Newbury
Opening Times Monday - Friday 9:30am to 5:30am Saturday 9:30am to 12:00pm Sunday Closed
Registered Office: Northwood (Reading and Newbury) Ltd, 89 London Street, Reading, RG1 4QA - 08172891 VAT Number: 158 3639 79
Contact Northwood Reading & Newbury
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