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Tenant Fees and Charges

 

Here you can find all the information relating to costs, charges, fees and deposits for your tenancy.

Jump to type of tenancy:
Tenancies Entered into Before 1st June 2019
- Tenancies Entered into From 1st June 2019
Company Lets & Non-Standard Tenancies


Tenancies Entered into before 1st June 2019

New Tenancy

Set up fee (tenant's share) - £295
Referencing up to two tenants (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to access affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.

To reserve a property, we take a £200 non-refundable holding fee; this is deducted from the total admin fees payable.

The security deposit (1.5 times the monthly rent), first month's rent and outstanding fees are payable by bank transfer (cleared funds required) the day before the tenancy starts.

Additional Tenant Fee - £35
Processing the application, associated paperwork and referencing.

Guarantor Fee - £60
Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement.

During Your Tenancy

Amendment Fee - £60
Contract negotiation, amending and updating your tenancy agreement during your tenancy.

Renewal Fee (tenants share) - £60
Contract negotiation amending and updating terms and arranging a further tenancy agreement.

Ending Your Tenancy

Check out Fee (tenants share) - £60
Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit.

Early Termination Fee - £250
This is payable if the landlord agrees to release you from your tenancy before the fixed end date or if you are unable to give the appropriate notice when invoking a break clause that may be in your tenancy agreement. Ending a tenancy early is at the sole discretion of the landlord.

Other Fees and Charges

Lost Security Items - £25 Plus item costs
Obtaining necessary permissions, sourcing providers and travel costs.

Call out services - £30 per hour (during business hours) £60 per hour (outside business hours) Plus costs incurred
Where actions of the tenant results in the agent (or nominated contractor) attending the property, time to remedy the situation is charged at prevailing rate.

Unpaid Rent - Interest at 8% above Bank of England Base Rate from date due.

Professional Cleaning - £20 per hour
Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy.

ALL FEES AND CHARGES QUOTED INCLUDE VAT

Client Money Protection Provided By: UKALA 
Independent Redress Provided By: PRS Property Redress Scheme


Tenancies Entered into From 1st June 2019

New Tenancy

Holding Deposit – Equal to one weeks rent of the agreed monthly rent to reserve the property. This will be deducted from the first months rent or refunded to you.

Security Deposit – Equal to five weeks rent.

Rent – The first month’s rent in advance.

Security Deposit and first month's rent are payable by bank transfer (cleared funds required) the day before the tenancy starts.

During Your Tenancy

Amendment Fee - £50
Tenancy amendments requested by the Tenant during the Tenancy.

Ending Your Tenancy

Early Termination
A fee may be payable if the landlord agrees to release you from your tenancy before the fixed end date or if you are unable to give the appropriate notice when invoking a break clause that may be in your tenancy agreement. Ending a tenancy early is at the sole discretion of the landlord.

Other Fees and Charges

Unpaid Rent
Interest at 3% above Bank of England Base Rate from date due.

 

ALL FEES AND CHARGES QUOTED INCLUDE VAT

Client Money Protection Provided By: UKALA 
Independent Redress Provided By: PRS Property Redress Scheme


Company Lets & Non-standard tenancies

Set up fee (tenant's share) - £500

Amendment Fee - £50
Tenancy amendments requested by the Tenant during the Tenancy.

Renewal Fee (tenant share) - £60
Contract negotiation amending and updating terms and arranging a further tenancy agreement.

Check out Fee (tenants share) - £60
Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit.

Early Termination Fee
A fee may be payable if the landlord agrees to release you from your tenancy before the fixed end date or if you are unable to give the appropriate notice when invoking a break clause that may be in your tenancy agreement. Ending a tenancy early is at the sole discretion of the landlord.

Call out services - £30 per hour (during business hours) £60 per hour (outside business hours) Plus costs incurred
Where actions of the tenant results in the agent (or nominated contractor) attending the property, time to remedy the situation is charged at prevailing rate.

Professional Cleaning - £20 per hour
Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy.

ALL FEES AND CHARGES QUOTED INCLUDE VAT

Client Money Protection Provided By: UKALA
Independent Redress Provided By: PRS Property Redress Scheme