Tier 1 (Up to 3 properties)
Tier 2 (Standard Package)
Monthly Charge (Per Property)
NONE (Processing Fee Applies)
13.20% OF TOTAL RENTAL INCOME
Minimum fee | House/Apartment
£0.00
£60.00
Minimum fee | Room
£0.00
£36.00
Setup Fee (Per Property)
NONE
NONE
24 hour tenant support
FREE
FREE
Less than £150
£48 Flat Fee
13.20% OS Fee
£200 - £500
24% OS Fee
13.20% OS Fee
£500 - £1000
18% OS Fee
13.20% OS Fee
£1000 - £4000
13.20% OS Fee
13.20% OS Fee
£4000 - £10,000
13.20% OS Fee
13.20% OS Fee
Over £10,000
Varies
13.20% OS Fee
Gas Safety Certificates
£72.00
£54.00
Proactive Maintenance
18% OS Fee
13.20% OS Fee
Mid Term Inspections & Reports
£120.00
Free (up to one inspection per quarter.)
Standard:
Value of a month's rent, minimum of £540.00
1.2x the monthly rental value, subject to a minimum of £540.00
Room (Managed):
Value of a month's rent, minimum of £360.00
1.2x the monthly rental value, minimum of £360.00
Room (Unmanaged):
Value of a month's rent, minimum of £390.00
1.2x the monthly rental value, minimum of £390.00
Payment processing fees:
Based on costs incurred by Rent North East.
Based on costs incurred by Rent North East.
Rental Arrears Collection
25% of arrears collected
FREE
Insurance Management
£30 per property
FREE
Utilities Management
£30 per property
FREE
Deposit Protection
£42
FREE
Monthly Statements
FREE
FREE