Landlord information | NSW Properties

We offer three levels of service to accommodate the differing needs of Landlords ranging from an advertise only service for the investor Landlord to the NSW Rent on Time for those wanting complete piece of mind.

1. NSW Rent on Time Service

Landlords would you like your rent even if the tenant fails to pay? Landlords continue to inform NSW Properties that rent arrears are their greatest worry, followed closely by the potential costs of the eviction process. At NSW Properties we can remove both worries and provide you with peace of mind.

NSW proudly presents the innovative Rent on Time service which GUARANTEES the payment of rent to Landlords, regardless of whether the tenant has paid or not.

Guaranteed Rent Payments
Legal costs covered for evictions
Continued FULL rental income during the eviction process
Managing non-payment disputes
Ultimate Tenant Credit Referencing
All of the above available PLUS our Full Management service

2. Full Management Service

The full management service is offered to those Landlords who wish for the pressure of running a property to be taken out of their hands.

The full management service incorporates all of the features of the Let Only Service (option 3), plus:

Prepare the inventory & schedule of condition
Visit the property every 4 months and produce a condition report
Arrange maintenance and repairs as necessary
Pay monthly rent into your designated bank account and forward a statement of account
Deal with the Inland Revenue where necessary
Offer advice on necessary legal procedures
Hold the Tenants deposit or pass it on to you to hold
Process the return of the tenants’ deposit, less any charges for cleaning, damages or arrears

3. Let Only Service

This service is offered for those Landlords who are happy to manage the day to day running of the tenancy and includes:

Advertise and promote the property
Accompany prospective tenants on viewings
Carry out full credit searches. Obtain references from employers and previous landlords
Prepare the tenancy agreement
Take move in Utility readings and advise relevant companies
Collect one month rent in advance together with a deposit

4. Advertised Only (Student Services ONLY)

This service is offered for those Landlords who are wishing to carry out their own viewings, deal with tenant queries and manage the day to day running of the tenancy. This service includes:

Marketing material including professional floorplan and photos
Advertising the property on all of the major rental portals
A board erected at the property for exposure
Passing any enquiries onto you as the Landlord

Private Letting Fees

Let Only
A Letting fee of £495.00 plus VAT (£594.00 inc VAT)
A Statement of Condition preparation fee to be confirmed depending on size and furnishings.

Let & Managed
A Letting Fee of £395.00 plus VAT (£474.00 Inc. VAT), plus an on-going management fee of 11% plus VAT (13.2% Inc. Vat) of the monthly rent due (minimum fee of £60.00 + VAT) (£72.00 Inc. VAT).

Rent on Time Service
A Letting fee of £395.00 plus VAT (£474.00 Inc. VAT), plus an on-going management fee of 15% plus VAT (18% Inc. VAT) of the monthly rent due (minimum fee of £70.00 + VAT (£84.00 Inc. VAT).

Student Letting Fees

Advertise Only
An advertise only fee of £350.00 plus VAT (£420.00 Inc. VAT.) We will advertise the property on all of the major rental portals and then pass any enquiries to you, to arrange viewings. This fee is payable up front and non-refundable and is no guarantee of enquiries.

Let Only
An initial marketing fee of £395.00 plus VAT (£474.00 Inc. VAT), which is payable up front for advertising and is no guarantee of enquiries. Thereafter an administration fee of £100.00 plus VAT (£120.00 Inc. VAT) per student found, payable once a tenancy is signed.

If all the same tenants re-let the property for a consecutive year after, there will be an administration fee of £75.00 plus VAT (£90.00 Inc. VAT) per person for the production of new tenancy agreements, subject to all tenant and guarantor details remaining the same as the previous year. No re-let fee will be applied.

Let & Managed

An initial marketing fee of £295.00 plus VAT (£354.00 Inc. VAT), in addition an administration fee of £75.00 plus VAT (£90.00 Inc. VAT) per student found, plus an on-going management fee of 12% plus VAT (14.4% Inc. VAT) of any rents due.
If all the same tenants re-let the property for a consecutive year after, there will be an administration fee of £75.00 plus VAT (£90.00 Inc. VAT) per person for the production of new tenancy agreements. No re-let fee will be applied.