Landlord Fees | Transparent Pricing | Lightning Estates Gateshead

Our Fees

Simple, fixed fees. No surprises.

Let Only — £550 + VAT

Everything needed to find and move in a quality tenant:

Marketing on Rightmove, Zoopla and OnTheMarket
360° virtual viewings
Accompanied viewings
Full in-house referencing
Tenancy agreement

Full Management — 10% + VAT

Everything in Let Only, plus ongoing management of your property — rent collection, maintenance coordination, inspections, and renewals. One point of contact throughout.

Compliance Certificates

Certificate	Fee
Gas Safety (CP12)	£60 + VAT
EICR	£150 + VAT
EPC	£60 + VAT

Prices cover the certificate only. Any remedial works identified will be quoted separately before anything is carried out.

Selective Licensing Application — £100 + VAT

We handle the application on your behalf for properties in selective licensing areas.

What does it actually cost? A real example.

Based on a property letting at £650 per month, fully managed.

Setup costs — once only

Item	Cost
Let Only Fee	£550 + VAT = £660
Gas Safety (CP12)	£60 + VAT = £72
EICR	£150 + VAT = £180
EPC	£60 + VAT = £72
Total setup	£984

Every month ongoing

Item	Amount
Rent collected	£650.00
Management fee (10% + VAT)	-£78.00
You receive	£572.00

Year one in full

Item	Amount
Rent over 12 months	£7,800
Setup costs	-£984
Management fees	-£936
Maintenance budget (est.)	-£500
Realistic take home	£5,380

From year two onwards — no setup costs, same maintenance budget — you take home an estimated £6,364 per year.

Maintenance and repairs are not included in our management fee. Most landlords budget around 5–10% of annual rent for repairs — on a £650 pcm property that’s roughly £390–£780 per year. We use £500 in the example above as a mid-point estimate. Any works are always quoted and approved by you before we instruct a contractor.

All fees are subject to VAT at the current rate. Anything additional will always be discussed with you first.