Landlord Fees

Initial Letting Fee:

78% of the first months rent (inclusive of VAT 65%+vat)
Subject to a minimum fee of £474 (£395+VAT)


Please ask our office regarding any introductory discounts available for letting or management fees, as we do run promotional offers from time to time.  


Administration charges:

for deposit registration £54 (£45+VAT)

for arranging a managed tenancy renewal £114 (£95 + VAT)

for arranging a let only tenancy renewal £144 (£120 plus vat)

for arranging a Legionella risk report £90 (£75 + VAT)

for managing a Formal Deposit Dispute £96 (£80 + VAT)

for issuing either Section 8/13/21 Notices £108 (£90 + VAT)

for Refurbishment project management - 10% + VAT of cost


for arranging a photographic inventory £96 (£80 + VAT)*

*for properties up to 5 bed, larger properties please ask for a quote, applies to managed tenancies only.   




Tenancy Management fees:

Full management rates:

14.4% - (12 % plus vat) of rent collected (upto & including £474 pcm)

12% - (10 % plus vat) of rent collected (Including & above £475 pcm)


Minimum Monthly Management Fee Applicable £60 pcm Plus vat (£50 +vat)

Rent Collection Only 6% (5% plus vat) of rent collected (no minimum fee charged)




Commercial Tenant Introduction ;  10% plus vat of the annual rent, subject to a minimum fee of £995 plus vat 


Excludes solicitors legal fees for lease preparation. 


Commercial monthly management fees ; 10% plus vat of turnover collected.  


Letsafe are a member of the Property Redress Scheme and have client money protection provided by the UKALA under 'Client Money Protect'. If you require any further information relating to this please contact our office. Letsafe is a trading name of Letsafe NE Ltd.