We are completely transparent when it comes to our fees. They are fair, reasonable, competitive and great value. 

Service Set-Up Fees (payable per tenancy set-up)

Tenant Find Only:  2 weeks rent/£360 minimum (incl VAT)

Let Only:  3 weeks rent/£480 minimum (incl VAT)

Let and Rent Collection: £300 (incl VAT)

Fully Managed: £300 (incl VAT)

Commissions (Discounts available for portfolio landlords)

Fully Managed Service: 14.4% (incl VAT)/(12% plus 2.4% VAT)

Let and Rent Collection: 8.4% (incl VAT)/(7% plus 1.4% VAT)

Commissions payable on any rent collected and deducted before the rent is paid to the landlord.

Other Fees

Tenancy Renewal Fee: £60 (incl VAT) Payable per tenancy renewal. This being the landlords 50% share with the tenant for the full tenancy renewal process.

* Deposit Registration: £50 (incl VAT) Per deposit registered

Alternative Dispute Resolution: £48 (incl VAT) per hour. For works involved in resolving a disputed deposit claim. 

Void Management Fee: £60 (incl VAT). Payable per week per property we attend and inspect whilst no management fee is being charged. 

* Check-Out Fee: £50 (incl VAT). Payable per property. This is a 50% share of the cost and disbursements in relation to the preparation and process of checking out. 

Duplicate Account Statements: £18 (incl VAT). Per copy. Free if emailed. 

Insurance Claim Handling Fee: 12% (incl VAT) of costs of works before VAT. Per insurance claim.

Professional Hourly Rate: £60 (incl VAT) per hour. For professional services outside of agreed terms of business. 

* Inventory Check including Damage Report: £90 (incl VAT). Per property when requested at the check-out point. 

* This fee/service is included in the Fully Managed service package.

You can find more information on what is provided within each service on our Services On Offer Page

Client money protection

New Beginnings (IoT) Limited T/A Belvoir Thanet is a member of the NALS client money protection scheme, License No. A4355.

Redress scheme

New Beginnings (IoT) Limited T/A Belvoir Thanet is a member of a redress scheme and the name of the scheme is the Property Ombudsman Scheme.

Deposits scheme

New Beginnings (IoT) Limited T/A Belvoir Thanet is a member the Deposit Protection Service custodial scheme.

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