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Landlord guide & costs

Choose the agent you trust

To take care of your valuable assets

Your assets in good hands

As a landlord, it is not enough simply to achieve the best possible rent for your property. You also want to ensure the keys to your precious asset are in the hands of a responsible tenant.

Equally important, you want to avoid costly vacant periods between tenancies so that is why you need an estate agent you can depend on and you will find there is no one better than the multi award-winning Northfields team.

Here are some of the reasons why you should choose Northfields Estate Agents:

A well-deserved reputation for letting properties fast– 60% of new properties are let within 24 hours of instruction

Maximum exposure with listings on the main leading property websites

A relocation department that works with top global companies to secure corporate tenants

An extensive database of prospective tenants who we communicate with regularly via phone, email and Facebook

Prominent, highly
effective press
advertising

Professional memberships give you the reassurance that you and your tenants are fully protected

Total transparency when it comes to fees; you know upfront how much the service will cost and what you can expect for your money

Unrivalled service

The Times/The Sunday Times voted Northfields the Best Small Lettings Agency in London for the second year in a row. We invite you to judge for yourself by emailing or calling your local Northfields team.

Property Management

High quality tenants looking for property to rent in West London expect the best service and we are proud to be able to deliver just this. Our award-winning service will leave you comfortable in the knowledge that your property is in safe hands.
We have over  30 years of experience of professionally managing our clients’ properties, preserving the value of their investment and tailoring our services to each landlord’s specific needs. Our dedicated lettings teams place great emphasis on landlord care and value the long-term relationships we have built, the majority of which date back over five years.

Our service ranges from handling minor repairs to full-scale refurbishments, extensions and conversions using our network of reputable local tradespeople. We also deal promptly and professionally with tenant queries and the day-to-day issues that inevitably arise, saving you headaches and ensuring your tenants feel well looked after.

As part of our efficient service, we perform daily rent reconciliations that enable us to take swift action on any late payments. As you would expect, we enforce rigorous financial controls to ensure the accuracy of financial information and timely transfer of payments to landlords.

Comprehensive property management services include:

  • FREE rent collection
  • FREE periodic property inspections
  • FREE inspection report with photos
  • FREE 24 hour emergency call out service
  • FREE advice on deposit returns
  • FREE advice on property investment opportunities

If you’d like the peace of mind that comes from knowing your property is in the safest of hands, call us today on
020 8799 4362 or email propertymanagement@northfields.co.uk

Landlord Charges

Lettings Fees paid by Landlords  

Tenant Find

12% inc VAT (10% plus VAT) of the monthly rent payable in advance for the term of the tenancy

Tenant Find with Rent Collection

12% inc VAT (10% plus VAT) of the monthly rent taken each month from the rent payment

Renewal or Extension of tenancy 

12% inc VAT (10% plus VAT) of the monthly rent each month – payable monthly in advance for as long as the tenant, introduced by Northfields Estates, remains in property. A standing order mandate will be requested for tenant find only transactions.

Property Management 

6% inc VAT (5% ex VAT) of the monthly rent taken each month from the rent payment

All fees include VAT unless otherwise stated

Deposit Registration with the TDS – £96 upfront cost

Serving of Legal Notices – eg Section 21 notice to end tenancy – £114 per notice

Waiting at the Premises – £60 per hour

Void Period Caretaking Visit – eg to collect post or water plants – £30 per visit

Court or Tribunal Attendance – £60 per hour

TDS or Court Documentation Preparation – £114 per file

Forwarding of Tax to CNR – overseas landlords where approval not received – £42 per quarter

Tenancy Agreement – for new tenancies – £240 per tenancy

Renewal Documents – for tenancy extensions or confirmation or periodic – £120 per renewal or annual if periodic

Addendum to Tenancy – for mid term changes to the contract – £120 per tenancy

 

The Northfields Way

We aim for the stars

All roads lead to Northfields

Come visit our branches

Director

020 8799 3370

Property Manager

020 8799 4362

Sales

020 8740 8833

Lettings

020 8740 8833

Sales

020 8998 3111

Lettings

020 8998 3111

Sales

020 8280 9600

Lettings

020 8566 5500

Sales

020 8840 6666

Lettings

020 8567 6660