Reading and Newbury Landlord Fees

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 and drawing up agreements etc.

We may charge you a separate fee for drawing up the inventory.  This will depend on the size of the property.

Renewal Fee for Tenant Find

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 £282
Standard Monthly Commission – Fully Managed 12%
Standard Set Up Fee – Rent Collection £282
Standard Monthly Commission – Rent Collection 9.6%
Standard Tenant Find Commission 5% of annual rent
Inventory From £120 to £250
Tenant Find Renewal Charges £50
Deposit Protection Fee £25
Any percentage fees shown are calculated based on the monthly rent
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