Worcester Landlord Fees

Our landlord services are available from Northwood Worcester as follows: 
(Fees are shown inclusive of VAT where applicable)
 

We Switch You
Some companies charge you to move your rented property to them! 
For information about our 
We Switch You service and how much we will pay you, click here. 


Guaranteed Rent contract

If you let your property with us on the Guaranteed Rent contract, you do not pay any fees at all. Instead, we pay you an annual agreed rent for your property for 1, 2 or 3 years at a time with a guaranteed rent start date.

We do not have any set percentages for this service as each property is considered individually. After viewing the property, we will run through with you what we feel your property would rent out for backed up by recent market lettings, we will set out what you could reasonably achieve on a standard fully-managed service assuming things go well and then we will make you a written guaranteed rental offer for a 1, 2 and 3-year contract to compare. No hard sell, our aim is simply to provide you with all the professional information to help you make an informed decision as to which service suits your requirements best.

   

Standard Fully-Managed service 


Letting Fee                                                               £350 plus VAT (£420 inc. VAT)

Inventory & Property photographs                        £120 plus VAT (£144 inc. VAT)

Management Fee                                                     £55pcm plus VAT (£66pcm inc. VAT)

Tenancy renewals                                                    £75.00 plus VAT (£90 inc. VAT)



Our view is that a management fee is what you pay us to manage your property, not just to do one or two bits of the process and charge you extra for all the rest.      

We do not charge seperately for tenancy deposit registration, inspections, tax statements, arranging maintenance and repairs, key cutting, admin set-up, check-outs, arranging gas or electricity safety certificates, obtaining more than one contractor quote, annual submissions to HMRC, court attendance, handling tenancy deposit disputes, joint site visits, checking smoke alarms, rent reviews or servicing notices. All of these things are included within our management fee.

 

Tenant Find (Let only) service 


Letting Fee                                                               £350 plus VAT (£420 inc. VAT)

Inventory & Property photographs                        £120 plus VAT (£144 inc. VAT)

Tenancy renewals                                                    £75.00 plus VAT (£90 inc. VAT)

 

Rent Collection only service 

We do not offer this service.  

 

Referral Fees


We may introduce appropriate insurance services to you in connection with your rental property if you request that we provide you with an insurance quote on your Landlord Instructions Form or at a later date. If you proceed with a quote provided through us (and there is no obligation on you to do so), Northwood may receive a referral commission up to a maximum of 20% and this would be included in the overall premium e.g. if the premium quoted were £250pa, the referral fee to Northwood would be a maximum of £41.67 within that amount.
 


 

Northwood Worcester has Client Money Protection in place with RICS. To view our certificate please click here.
Our CMP handling procedure is available
 here.
 

Northwood Worcester

Opening Times

Monday - Friday 9:30 - 17:30 Saturday 9:30 - 12:00 Sunday Closed
Northwood (Worcester) Limited, 41-43 Barbourne Road, Worcester, WR1 1SA - Company No. 4640027 - VAT Reg. No. 819201644

Contact Northwood Worcester

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