Landlord & Tenant Fees

Kingston Newell Letting Fees

Reservation Fee £325.00

  • Required to hold the property for up to 4 weeks.
  • Covers application process and credit checks.
  • Non-refundable

First Months Rental - Amount dependant on the property

  • Due in advance, upon signing Tenancy Agreement
  • Required each calendar month thereafter
  • Standing order required for future payments

Bond Deposit -Rental amount plus additional £100

  • Due in advance, upon signing Tenancy Agreement
  • Registered with Deposit Protection Service
  • Held securely until end of tenancy
  • Additional £100 required per pet, should landlord choose to accept animals at their property

All above prices are inclusive of VAT

Managed Property Fees

Set up Fees = 50% + VAT - 1st month's rent(i.e Rental of £600 would be £300 +VAT)

Monthly fees = 10% of monthly rental income (+ VAT) per calendar month. Any authorised management charges (i.e. repairs, service costs etc.) would be deducted from the next available rental payment if applicable. The above cost includes the following:

  • Agree rent and market the property with premium listings
  • Complete Viewings
  • Full tenant referencing & Credit Checks
  • Tenancy agreements
  • Collection of rent
  • Property management - repairs & safety certificates throughout
  • Interim visits (3 monthly inspections) included
  • Full written inventory - additional fee
  • Final inspection - additional fee
  • Registration of Bond, release and dispute of bond at the end of tenancy.
  • Ending tenancies - issuing Sec 21 and Sec 13 notices

Non Managed Property Fees (Tenant Find Only)

£425 + VAT - Deducted from 1st months rent. The above cost includes the following:

  • Agree rent and market the property with premium listings
  • Complete Viewings
  • Full tenant referencing & Credit Checks
  • Tenancy agreements
  • Registration of Bond
  • Completion of inventory and final inspections at request
  • Rent collection