New Dawn Sales & Lettings charge tenants for referencing and tenancy set up. There are no holding fees and no tenancy renewal fees. Should a guarantor be required there will be an additional referencing charge. These fees are on top of the usual deposit and first month's rent in advance and are non-refundable.
Alphabet City's Standard Fees and Terms for Tenants
REFERENCES: A charge of £70.00 including VAT per applicant to the tenancy will be payable.
A referencing company will obtain credit checks and references on our behalf and these may be passed to the Landlord in order to make a decision on granting a tenancy.
For a tenancy to proceed, two forms of ID will be required (i) photo ID, either a valid passport or EU driving licence, and (ii) proof of address.
TENANCY ADMINISTRATION: An administration fee of £150.00 including VAT will be payable on the production of a legally binding tenancy agreement.
PAYMENT OF RENT: The first instalment of rent must be paid in cleared funds when the tenancy agreement is signed. Subsequently, rent is paid by standing order (unless agreed otherwise) to arrive on the rent due date.
DEPOSIT: A deposit equivalent to one calendar month's rent is payable in cleared funds when you sign the tenancy agreement. It will be held for the duration of the tenancy agreement and registered with one of the Tenancy Deposit Schemes in accord with the terms set out in the tenancy agreement signed.
All deposit deductions must be agreed in writing by both the landlord and tenant on termination of the tenancy. The tenancy agreement is between the landlord and the tenant, and should there be a dispute regarding proposed deductions from the deposit, the tenant cannot hold Alphabet City liable for these. Alphabet City will retain any interest earned on the deposit.
INVENTORY CHECK-IN & CHECK-OUT: The Landlord is responsible for the cost of the Inventory Check-in, and the tenant for the cost of the Inventory Check-out, and any missed appointments. The cost of the check-out will reflect the size and presentation of the property, please ask for an indicative cost.
RENEWAL OF TENANCY COSTS: Our cost to administer the tenancy renewal on your behalf is £75 including VAT.
REPLACEMENT TENANTS: With the consent of the Landlord and the remaining tenants, a replacement tenant would pay £70.00 including VAT for references, and £75.00 including VAT for a new Tenancy Agreement to be drawn up.
REFERENCES: A reference can be provided to a third party with written consent at a cost of £25 including VAT.
LATE PAYMENT OF RENT: No charge is levied for reminder texts regarding late rent payment. However, an administration charge of £25.00 including VAT will be made for each follow up letter regarding late or non-rent payment, or unpaid administration charges.
EARLY TENANCY TERMINATION: With the Landlord's consent, the tenant can terminate the tenancy early subject to paying the Landlord the pro-rata commission paid in advance for the unexpired period of the tenancy. This does not apply where a break clause in the tenancy is appropriately exercised.
OUTSTANDING CHARGES: If any charges remain outstanding at the end of tenancy Alphabet City will deduct these from the deposit.
UTILITIES: The tenant is responsible for the payment of telecoms, electric, gas, water, television licence and council tax for the duration of the tenancy. It is the tenant's duty to advise the relevant companies and the local authority when moving in and out of the property, and to allow access as required by them.
INSURANCE: The tenant is responsible for insuring their possessions throughout the tenancy.
MANAGEMENT OF THE TENANCY: We advise in writing who will be managing the tenancy, and we provide all contact details and arrangements in place.
TAXATION: If you pay rent directly to your landlord and they are not a UK resident, you will be responsible for applying the provisions of HM Customs Non- Resident Landlords Scheme for taxing UK rental income. This does not apply if you pay your rent to Alphabet City. Please feel free to ask for advice.
ANTI-MONEY LAUNDERING REGULATIONS 2007: To comply, Alphabet City will require suitable identification to proceed.
Tenancy set up fee
Maximum of the equivalent of one weeks rent for the property plus VAT.
Please contact your local homes4u branch for the exact figure per property.
Example
If the monthly rent is £750.00, The fee is £207.70
(£750.00 x 12 / 52 = £173.08 + 20% VAT)
Additional fees
The below fees are expressed inclusive of VAT
Guarantor Fee (for non student tenants) £90
Early termination fee £360
Tenancy amendment fee £180
Late payment of rent fee £20 (for communication sent)
Credit card fees 2.5% of the total payment made
Tenancy set up fee
Maximum of the equivalent of one weeks rent for the property plus VAT.
Please contact your local homes4u branch for the exact figure per property.
Example
If the monthly rent is £750.00, The fee is £207.70
(£750.00 x 12 / 52 = £173.08 + 20% VAT)
Additional fees
The below fees are expressed inclusive of VAT
Guarantor Fee (for non student tenants) £90
Early termination fee £360
Tenancy amendment fee £180
Late payment of rent fee £20 (for communication sent)
Credit card fees 2.5% of the total payment made
Admin Fee: One week's rent plus VAT
Renewal Fee: One week's rent plus VAT
Tenancy set up fee
Maximum of the equivalent of one weeks rent for the property plus VAT.
Please contact your local homes4u branch for the exact figure per property.
Example
If the monthly rent is £750.00, The fee is £207.70
(£750.00 x 12 / 52 = £173.08 + 20% VAT)
Additional fees
The below fees are expressed inclusive of VAT
Guarantor Fee (for non student tenants) £90
Early termination fee £360
Tenancy amendment fee £180
Late payment of rent fee £20 (for communication sent)
Credit card fees 2.5% of the total payment made
Tenancy set up fee
Maximum of the equivalent of one weeks rent for the property plus VAT.
Please contact your local homes4u branch for the exact figure per property.
Example
If the monthly rent is £750.00, The fee is £207.70
(£750.00 x 12 / 52 = £173.08 + 20% VAT)
Additional fees
The below fees are expressed inclusive of VAT
Guarantor Fee (for non student tenants) £90
Early termination fee £360
Tenancy amendment fee £180
Late payment of rent fee £20 (for communication sent)
Credit card fees 2.5% of the total payment made
Tenancy set up fee
Maximum of the equivalent of one weeks rent for the property plus VAT.
Please contact your local homes4u branch for the exact figure per property.
Example
If the monthly rent is £750.00, The fee is £207.70
(£750.00 x 12 / 52 = £173.08 + 20% VAT)
Additional fees
The below fees are expressed inclusive of VAT
Guarantor Fee (for non student tenants) £90
Early termination fee £360
Tenancy amendment fee £180
Late payment of rent fee £20 (for communication sent)
Credit card fees 2.5% of the total payment made
Tenancy set up fee
Maximum of the equivalent of one weeks rent for the property plus VAT.
Please contact your local homes4u branch for the exact figure per property.
Example
If the monthly rent is £750.00, The fee is £207.70
(£750.00 x 12 / 52 = £173.08 + 20% VAT)
Additional fees
The below fees are expressed inclusive of VAT
Guarantor Fee (for non student tenants) £90
Early termination fee £360
Tenancy amendment fee £180
Late payment of rent fee £20 (for communication sent)
Credit card fees 2.5% of the total payment made
Reference fee: £295 – up to 2x Tenants
Tenancy Fee: £0 NO CHARGE
Check-in Fee: £0 NO CHARGE
Some applications may require bespoke processing so please contact our Lettings Team who will be pleased to confirm the total costs involved in renting this property.
Additional fees which may apply to some tenants:
Additional Tenant (over 2): £75
Guarantor: £100
Pet Fee: £250 (Payable if a pet will be kept at the property)
Check-out fee: £100
Amendment/Extension fee: £100
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
TENANTS CHARGES
Single tenant £175.00 application fee
Additional tenants £45.00 each
Guarantors (if required) £45.00 each
Company application £200.00
Deposit - one and a half months rent
Rent – payable monthly in advance
Housing Benefit Applicants - Two months’ rent in advance plus a suitable guarantor
For more information regarding our charges please contact the office or visit our website.
Disclaimer
The Consumer Protection from Unfair Trading Regulations 2008 (CPR’s). These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions of fitness for purpose. No apparatus, equipment, furniture of fittings have been tested. Items shown in photographs are NOT necessarily included. Interested parties are advised to check availability and make appointment to view before travelling to see a property.
Typical reference fee £80+vat per person. Tenancy agreement & legal charge is £120+vat per property. Other fees may apply, contact us for more information.
Tamlyns charge an administration fee which is £180.00 including VAT for each applicant and/or each Guarantor.
The fees are NON REFUNDABLE if you decide not to take up the property, or if the references do not prove to be satisfactory.
If you wish to vacate the property the property prior to the end of the six month fixed term and your landlord is in agreement, we will endeavour to re-let the property & there will be a charge of £180.00 including VAT to yourself.
Please be aware should we not be able to re-let you will still be liable for the rent for the fixed term of the tenancy.
Application Fees apply on all properties;
£150 for one person, £250 for two/couple. £50 if a guarantor is required
If we receive more than one application on a property then you will receive your fee back if you are not successful. The application fee is non refundable once the referencing process has begun. (Unless the landlord withdraws the property)
Rental Fees for Tenants
These are as follows:
Administration Fee
Where we prepare the Tenancy Agreement there is a charge to the Tenant of £250 + VAT. This fee is per property, regardless of the number of Tenants occupying the property and is for the initial term of the Tenancy. The Administration Fee is the only fee for setting up the tenancy and includes the reference fees. The charge for Tenancy Renewals with the same tenant/s is £25 + VAT.
References
We use an independent tenant referencing company and this charge is included the £250 administration fee above. We ask for an initial Holding Fee of £150, this fee is payable in advance and there is no refund if references are not satisfactory and/ or a Tenancy does not proceed.
Inventory/Schedule of Conditions
The Landlord normally provides an Inventory/Schedule of Condition at the commencement of the tenancy; the Landlord pays for the check in. The Tenant pays for the check out at the end of the Tenancy. (This will vary depending on the size of the property).
Deposit
This is usually the equivalent of 6 week's rent. However in some cases this may vary, for example if a tenants has pets. The deposit is held till after the end of the Tenancy and refunded once Landlord and Tenant have agreed any deductions (if any). The deposit will be registered with an approved Tenancy Deposit Scheme.
Rent
Rent is always paid either monthly or quarterly in advance. In some circumstances it can be necessary to pay the whole term in advance (for example if you are retired or recently have started a business with no regular income shown from referencing).
When applying to rent a property, application fees apply as follows:
Individual Application = £150 including VAT
Individual Application with Guarantor = £200 including VAT
For each additional Adult tenant = £50 including VAT
Tenant fees apply: £180 tenancy handling fee (Inclusive of VAT); £60 referencing fee per adult (Inclusive of VAT). Other fees may apply.
Location Property Services try to be a s reasonable on costs as possible. However our fees are as follows:
Admin fees: 1st person £210, 2nd person £150 and 3rd person £150
ADMIN CHARGES WHICH INCLUDE tenant referencing, tenant share of costs of the legal paper work, inventory and schedule of condition.
Single Tenancy £300.00
2 x Tenants £420.00
3 x Tenants £540.00
Guarantor £180.00
CHECK IN FEES
UNFURNISHED FURNISHED
1 Bedroom £90.00 £102.00
2 Bedrooms £102.00 £114.00
3 Bedrooms £114.00 £126.00
4 Bedrooms £132.00 £144.00
5 Bedrooms £150.00 £162.00
Check ins are undertaken Monday-Friday, Saturday check ins are available but charged at an additional £30.
All charges are inclusive of VAT at the prevailing rate
Please note that Location charges are as follows;
1st Applicant £175.00 +VAT
2nd Applicant £125.00 +VAT
Administration Fees
Single Person £210.00 plus VAT
Couple £320.00 plus VAT
Additional applicants £ 75.00 plus VAT
Inventory Charge – Unfurnished Properties
Studio £115.00 plus VAT
1 Bed £120.00 plus VAT
2 Bed £125.00 plus VAT
3 Bed £135.00 plus VAT
4 Bed £150.00 plus VAT
Inventory Charge – Furnished Properties
Price on application
ADMINISTRATION FEE (Per Couple): Includes the cost of Referencing, drawing up of the legal paperwork, administration of the deposit and preparation of the Inventory and Schedule of Condition as below:
One Bedroom Property £330.00 + VAT
Two Bedroom Property £345.00 + VAT
Three Bedroom Property£360.00 + VAT
Four Bedroom Property £395.00 +VAT
If a guarantor is required there will be an additional reference fee of £50.00 + VAT
Where a company is to be referenced there will be an additional charge of £50.00 + VAT
*The deposit will be deemed to be 1.5 times the monthly rental amount.
In addition to the required rent and deposits the following costs will apply:
Tenancy set up fee: £60 per property (including VAT)
Referencing and admin fee: £120 per person (including VAT)
Guarantors, if required: £60 (including VAT)
End of tenancy costs at the end of tenancy will apply (i.e. professional cleaning and inventory check out fee), but depend on the size and condition of the property.
Please call us on 020 8892 5656 for more infomation.
Please see the SERVICES section of this website for a full description of all tenant fees and administration charges.
Charges for Renting
To rent a property our application process will incur a fee for referencing, tenancy agreement and administration. This will be charged in addition to the rent and deposit (1.5 x monthly rent), payable before the tenancy begins. Should a guarantor be required, an additional referencing fee is incurred.
Referencing charges:(inclusive of VAT
|
Per applicant
|
£145.00
|
|
Per guarantor
|
£ 80.00
|
Replacement tenant:(inclusive of VAT)
|
Replacement/new tenant - for drawing up new contract
|
£ 90.00
|
Check-out inspection at end of tenancy:
At the end of the tenancy, the tenant will be responsible for the cost incurred of arranging and carrying out the final check out inspection. Such inspection to be carried out by an Independent Inventory Clerk at a cost not exceeding 15% plus VAT of the monthly rental payable at the end of the tenancy.
Please contact our Branch on 0117 9697333 for full details of the fees payable before you make any decision about any rental property or before you decide to view any property.
Initial Fees
£495.00 Admin (Per Household) incl.VAT
· Production of tenancy agreement
· Submitting reference report to prospective landlord
· Registration of deposit in recognised scheme (We Use ‘The Deposit Protection Scheme’ ’The DPS’)
· Obtain and Verify all necessary safety documents are in place beforehand (This include gas safety certificates and electrical certificates)
· Arranging a time for all necessary documents to be signed before tenancy begins (tenancy agreement, deposit certificate, check-in report if applicable)
£200.00 Holding Fee (Deductable from Admin Fee)
· Preliminary Credit/Reference Check ‘includes right to rent check’
· Preparation of reference report to Landlord if successful
*If applicant is unsuccessful this fee is refundable -£50 per person for work carried out and credit/reference costs.
Alphabet City's Standard Fees and Terms for Tenants
REFERENCES: A charge of £70.00 including VAT per applicant to the tenancy will be payable.
A referencing company will obtain credit checks and references on our behalf and these may be passed to the Landlord in order to make a decision on granting a tenancy.
For a tenancy to proceed, two forms of ID will be required (i) photo ID, either a valid passport, with appropriate visas where applicable, or EU driving licence; and (ii) proof of address.
TENANCY ADMINISTRATION: An administration fee of £150.00 including VAT will be payable on the production of a legally binding tenancy agreement.
PAYMENT OF RENT: The first instalment of rent must be paid in cleared funds when the tenancy agreement is signed. Subsequently, rent is paid by standing order (unless agreed otherwise) to arrive on the rent due date.
DEPOSIT: A deposit is payable in cleared funds when you sign the tenancy agreement. It will be held for the duration of the tenancy agreement and registered with one of the Tenancy Deposit Schemes in accord with the terms set out in the tenancy agreement signed. The amount will be as a minimum one calendar month’s rent, and a maximum of two calendar months’ rent, subject to agreement at offer acceptance.
All deposit deductions must be agreed in writing by both the landlord and tenant on termination of the tenancy. The tenancy agreement is between the landlord and the tenant, and should there be a dispute regarding proposed deductions from the deposit, the tenant cannot hold Alphabet City liable for these. Alphabet City will retain any interest earned on the deposit.
INVENTORY CHECK-IN & CHECK-OUT: The Landlord is responsible for the cost of the Inventory Check-in, and the tenant for the cost of the Inventory Check-out, and any missed appointments. The cost of the check-out will reflect the size and presentation of the property, please ask for an indicative cost.
RENEWAL OF TENANCY COSTS: Our cost to administer the tenancy renewal on your behalf is £75 including VAT.
REPLACEMENT TENANTS: With the consent of the Landlord and the remaining tenants, a replacement tenant would pay £70.00 including VAT for references, and £75.00 including VAT for a new Tenancy Agreement to be drawn up.
REFERENCES: A reference can be provided to a third party with written consent at a cost of £25 including VAT.
LATE PAYMENT OF RENT: No charge is levied for reminder texts regarding late rent payment. However, an administration charge of £25.00 including VAT will be made for each follow up letter regarding late or non-rent payment, or unpaid administration charges.
EARLY TENANCY TERMINATION: With the Landlord's consent, the tenant can terminate the tenancy early subject to paying the Landlord the pro-rata commission paid in advance for the unexpired period of the tenancy. This does not apply where a break clause in the tenancy is appropriately exercised.
OUTSTANDING CHARGES: If any charges remain outstanding at the end of tenancy Alphabet City will deduct these from the deposit.
UTILITIES: The tenant is responsible for the payment of telecoms, electric, gas, water, television licence and council tax for the duration of the tenancy. It is the tenant's duty to advise the relevant companies and the local authority when moving in and out of the property, and to allow access as required by them.
INSURANCE: The tenant is responsible for insuring their possessions throughout the tenancy.
MANAGEMENT OF THE TENANCY: We advise in writing who will be managing the tenancy, and we provide all contact details and arrangements in place.
TAXATION: If you pay rent directly to your landlord and they are not a UK resident, you will be responsible for applying the provisions of HM Customs Non- Resident Landlords Scheme for taxing UK rental income. This does not apply if you pay your rent to Alphabet City. Please feel free to ask for advice.
ANTI-MONEY LAUNDERING REGULATIONS 2007: To comply, Alphabet City will require suitable identification to proceed.
Mayfair Town & Country charge an administration fee of £200.00 for the first applicant plus an additional fee of £100.00 for any additional applicant or guarantor. The prices are plus VAT. The fee/s are non refundable if you choose not to take up the property or if your references do not prove to be satisfactory.
- Application Per Person £120
- Guarantor Application Per Person £120
- Tenancy Preparation & Check In £195
- Contract Renewal, Amendment or Change £65
The application fee is £300.00 per Property Application,
The application is subject to approval from the Landlord if you withdraw or fail the referencing you will forfeit this fee.
• One month's rent is payable in advance.
• A security deposit equivalent to one and a half month's rent is payable on the tenancy start date.
• If a guarantor is required, an additional fee of £72.00 will be payable to cover further referencing.
• If a fixed term tenancy is renewed for a further period, a fee of £72 is applicable.
• An addition fee maybe incurred for pet deposit
All fees quoted are inclusive of VAT.
THE £300.00 DOES NOT CONSTITUTE A CONTRACT
Admin Fee £200 + vat for the first adult and £50 + vat for any additional adults
Rental Fees for Tenants
These are as follows:
Administration Fee
Where we prepare the Tenancy Agreement there is a charge to the Tenant of £250 + VAT. This fee is per property, regardless of the number of Tenants occupying the property and is for the initial term of the Tenancy. The Administration Fee is the only fee for setting up the tenancy and includes the reference fees. The charge for Tenancy Renewals with the same tenant/s is £25 + VAT.
References
We use an independent tenant referencing company and this charge is included the £250 administration fee above. We ask for an initial Holding Fee of £150, this fee is payable in advance and there is no refund if references are not satisfactory and/ or a Tenancy does not proceed.
Inventory/Schedule of Conditions
The Landlord normally provides an Inventory/Schedule of Condition at the commencement of the tenancy; the Landlord pays for the check in. The Tenant pays for the check out at the end of the Tenancy. (This will vary depending on the size of the property).
Deposit
This is usually the equivalent of 6 week's rent. However in some cases this may vary, for example if a tenants has pets. The deposit is held till after the end of the Tenancy and refunded once Landlord and Tenant have agreed any deductions (if any). The deposit will be registered with an approved Tenancy Deposit Scheme.
Rent
Rent is always paid either monthly or quarterly in advance. In some circumstances it can be necessary to pay the whole term in advance (for example if you are retired or recently have started a business with no regular income shown from referencing).
Application and Administration fees apply : £330 inc VAT for one applicant, £408 inc VAT for two applicants, £78 inc VAT for an additional guarantor. £96 inc vat will be charged at the point of extension for a new tenancy agreement. At the end of the tenancy a check out fee of £102 inc vat will be charged. If the tenancy falls into rent arrears a charge of £30 plus will be payable.
Application and Administration fees apply : £330 inc VAT for one applicant, £408 inc VAT for two applicants, £78 inc VAT for an additional guarantor. £96 inc vat will be charged at the point of extension for a new tenancy agreement. At the end of the tenancy a check out fee of £102 inc vat will be charged. If the tenancy falls into rent arrears a charge of £30 plus will be payable.
‘APPLICATION AND ADMINISTRATION FEES APPLY £216 incl. vat for one applicant £288 incl. vat for two applicants £72 incl. vat for any additional applicant or guarantor.
£96 inc vat will be charged at the point of extension for a new tenancy agreement. At the end of the tenancy a check out fee of £72 inc vat will be charged.’
Asking rent is not inclusive of agency fees. Personal circumstances and the property you rent will effect the following fees which may apply:
- Referencing Fees
- Renewal Fees
- Early Termination Fees
- Checkout Fees
- Changing Tenancy Agreement Details Fees
- Late Payment Rent Fees
Referencing fees for the following will apply where the tenants will be from one household:
Rooms: £150 per room
Studio: £250 per studio
1 Bedroom Flat: £320 per flat
2 Bedroom + Flat: £350 per property
If tenants are sharing from separate households the fees will be £150 per tenant.
The Property Ombudsman
Edwards are members of The Property Ombudsman (TPOS), which offers independent redress to its clients. As members we adhere to its strict guidelines on operating procedures. Further details of the scheme are available at www.tpos.co.uk.
Client Money Protection
Edwards adhere to the strict operating guidelines set out by ARLA for the protection of client monies. We also register and transfer our deposits the custodial Deposit Protection Scheme.
Letting Fees
In addition to the rent shown in this advert other costs and fees are due for someone wishing to apply and ultimately move into the property.
Prior to the creation of a tenancy, references will be taken on each tenant who is either 18 years old or above, or who will be 18 during the course of the initial term of the tenancy agreement.
The tenancy remains SUBJECT TO CONTRACT at all times until the contracts are signed by both parties and executed.
Set Up Fees
Edwards charge £350 + vat (£420 Inc) for the first applicant and £100 + vat (£120 Inc) for each subsequent applicant. This cost covers the referencing (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
Guarantor
Guarantors are also charged at £100 + vat (£120 Inc). This cost covers the referencing (financial credit checks and obtaining references from current or previous employers / income sources) and preparing the Deed of Guarantee as part of the tenancy agreement
It should be noted that if references fail, or you decide not to proceed with the letting, then the Set Up Fee and Guarantor Fee is in most cases non-refundable.
Further Fees
Upon receipt of satisfactory references and landlord approval, we will offer a tenancy on behalf of the landlord and further costs and fees will become due before a tenancy can commence. The tenancy remains SUBJECT TO CONTRACT at this time. These are;
• Minimum of 1 month’s rent paid in advance
• Deposit equivalent to 1 & 1/2 months’ rent (unless otherwise stated)
• An Inventory check out fee which varies between £120 and £300 + vat (£144 & £360 Inc) depending on the size of the property.
Other fees may become due through the course of the tenancy, these are:
Amendment Fee £150 + vat (£180 Inc) Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.
Renewal Fee £75 + vat (£90 Inc) Contract negotiation, amending and updating terms and arranging a further tenancy and agreement.
Saturday Move In Fee £60 + vat (£72 Inc) For move ins arranged on a saturday.
Lost Security Items £50 + vat (£60 Inc) plus item cost. Obtaining necessary permissions, sourcing providers and travel costs.
Out of hours services £50 + vat (£60 Inc) per hour Where actions of the tenant results in the agent (or nominated contractor) attending the property out of the normal working hours i.e. 9am until 6pm. Time to remedy the situation is charged at the prevailing rate.
Unpaid rent / Returned Payments Interest at 8% above Bank of England Base Rate from the due date.
The application fee is £300.00 per Property Application, (Max 2 Adults) additional applications will £180.00
Should an applicant fail the referencing or withdraw once processing has commenced we will withhold the application fee to cover administration costs.
Application Fee £300 (inc VAT) max two tenants
THE £300.00 DOES NOT CONSTITUTE A CONTRACT
Additional Tenant Fee £180 (inc VAT) per tenant
Processing the application, associated paperwork and referencing
Guarantor Fee £72 (inc VAT) per guarantor (if required)
Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement
One month's rent is payable in advance.
A security deposit equivalent to minimum one and a half month's rent is payable on the tenancy start date.
Pet Deposit: If a pet is permitted then the deposit required will be a minimum of 2 months’ rent
To cover the added risk of property damage. This will be protected with your security deposit in a Government-authorised scheme and may be returned at the end of the tenancy
Pay a 50% share of the costs and disbursements in relation to the preparation of the inventory and “check out” at the end of the tenancy. The other 50% to be paid by the Landlord
DURING YOUR TENANCY:
Amendment Fee £30.00 (inc VAT)
Contract negotiation, amending terms and updating your tenancy agreement during your tenancy
Renewal Fee £72.00 (inc VAT)
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
Lost Property Folder £30.00 (inc VAT)
If the folder is not returned at the end of a tenancy and noted on the check out
Unpaid Rent / Returned Payments Interest at 4% above Bank of England Base Rate from date due
Late rent payments will incur costs of £25.00 per transaction
Pay a charge of £20 to the Landlord’s Agent for any payment presented to the Landlord’s Agent’s bank but returned, refused or re-presented by the bank for any reason. This fee will be payable for each presentation which fails
IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF
Rental Fees for Tenants
These are as follows:
Administration Fee
Where we prepare the Tenancy Agreement there is a charge to the Tenant of £250 + VAT. This fee is per property, regardless of the number of Tenants occupying the property and is for the initial term of the Tenancy. The Administration Fee is the only fee for setting up the tenancy and includes the reference fees. The charge for Tenancy Renewals with the same tenant/s is £25 + VAT.
References
We use an independent tenant referencing company and this charge is included the £250 administration fee above. We ask for an initial Holding Fee of £150, this fee is payable in advance and there is no refund if references are not satisfactory and/ or a Tenancy does not proceed.
Inventory/Schedule of Conditions
The Landlord normally provides an Inventory/Schedule of Condition at the commencement of the tenancy; the Landlord pays for the check in. The Tenant pays for the check out at the end of the Tenancy. (This will vary depending on the size of the property).
Deposit
This is usually the equivalent of 6 week's rent. However in some cases this may vary, for example if a tenants has pets. The deposit is held till after the end of the Tenancy and refunded once Landlord and Tenant have agreed any deductions (if any). The deposit will be registered with an approved Tenancy Deposit Scheme.
Rent
Rent is always paid either monthly or quarterly in advance. In some circumstances it can be necessary to pay the whole term in advance (for example if you are retired or recently have started a business with no regular income shown from referencing).
Administration Fees:
1 Adult application £150
2 Adult applications £300
Each additional adult application £150
Each guarantor £48
Check out fee £90
Should you wish to make any alterations to the terms and conditions already agreed, including changing the tenancy commencement date, which will necessitate amended documentation to be provided, an administration charge of £60 will apply.
Pets - if the landlord gives permission for pets to be kept at the property, an additional deposit, from £250, will be requested according to the requirements of the landlord and the number and size of the pets being kept at the property
- The application fee is £150.00 per person, minimum of £240.00 (ie single application). This fee will hold the property for you pending satisfactory references, however, if you withdraw or fail the referencing you may forfeit this fee.
- One month's rent is payable in advance.
- A security deposit equivalent to one and a half month's rent is payable on the tenancy start date.
- If a pet is permitted at the property, the deposit required will be equivalent to two months rent.
- If a guarantor is required, an additional fee of £72.00 will be payable to cover further referencing.
- If a fixed term tenancy is renewed for a further period, a fee of £72 is applicable.
- A checkout fee of £72.00 will be payable or deducted from the deposit at the end of the tenancy.
- All fees quoted are inclusive of VAT.
CHARGES & FEES (Prior to Move in & Maximum Payable)
Administration fee inclusive of Referencing, Tenancy Agreement and Deposit Registration £280.00
Additional applicant(s) £140.00
Per Guarantor(s) £140.00
Company application £360.00
Check Out £144.00
All fees are inclusive of VAT
CHARGES & FEES (During the Tenancy & Maximum Payable)
Early Tenancy Termination Fee (subject to landlords written permission) £300.00
Fixed Term Tenancy Renewal Fee £90.00
Periodic Term Tenancy Fee £54.00
Duplicate Tenancy Agreement, Inventory or Check Out (an email version is free) £18.00
Breach of Tenancy Letter (per letter) £30.00
Late Rent Payment Fee or Returned Standing Order (per occasion) £20.00
Failure to attend any pre-arranged appointment (management visit, contractor visit etc) - £25.00
All fees are inclusive of VAT
£200.00 for up to 2 applicants
£60.00 each additional applicant
£60.00 per guarantor (if applicable)
CREDIT CHECK- £30.00 PER PERSON.
DRAWING UP THE TENANCY AGREEMENT- £80.00
Application fees apply - £150 for one person, £250 for two people/married couple and £50 if a guarantor is required.
All applications for an Assured Shorthold Tenancy require an administration fee of £150 plus VAT (£180) and £50 plus VAT(£60) for each additional named applicant. This includes half charge (£40 plus VAT) for the tenancy agreement and charges for credit checks etc. Payment to be made upon application for renting a property.
Fees including VAT - £275.00 administration fee for a single person or couple. An additional £95.00 each for further adult sharers or where a guarantor is required. £30.00 per person for credit checks. There are no other charges to tenants and we do not charge tenant renewal fees. Unlike many Agents we will not charge you for a reference when you move on.
All client funds are protected by the National Federation of Property Professionals Client Money Protection Scheme. We are members of The Property Ombudsman Scheme lettings
Single applicant £300, each additional tenant £60
Guarantor £60
International - £300
Self employed without 1 years accounts - £300
Other fees may apply, for full details see Services- Tenants Information
We are members of the NFOPP client money protection scheme (National Federation Of Property Professionals)
FEES APPLY
Reservation
To Reserve a property we will require the payment of the following by Cash or Bank transfer (Sorry Cheques are not accepted). Please refer to Our Tenants Terms document for full reservation details.>
Referencing Fee: £85.00 per applicant to be referenced> Guarantors Referencing Fee: £150.00 per guarantor (inc Reference and Admin fee).> Agreement and TDS Fee: £150.00 per tenancy Reservation Fee Equivalent to 2 weeks Rent (refundable upon commencement)>
Deposit: We are members of the Tenancy Deposit Scheme (www.tds.gb.com) and your deposit will be protected by Colin Dean Residential in accordance with the rules of this scheme.> Inventory Procedure: Your Landlord will pay for the cost of a professional Inventory for your protection and to prove the condition of the property at commencement of the Tenancy. You as the tenant will be liable to pay for a professional Check out report when you move out of the property.> Insurance: You will be required to have Tenants Contents Insurance before you move into this property. Cover is required for all normal events, but also cover if you accidentally damage the Landlords Possessions up to the value of £2500. (£100.00 policy excess) We recommend "Let Risks" who can deal with all of your Insurance needs. You can call them on 0845 072 0292.>
Renewal fees: Please note that should you decide to stay on in this property and renew your contract Renewal Administration charges will apply which are currently £100.00 inc VAT
Please Note: We accept all major Debit and Credit Cards (Transaction charges will apply for Commercial Debit and any Credit Cards of 3% -inc VAT- of the transaction value)
Our fees are:-
Agency/administration fee £260
Referencing/credit checks per person £115
End of tenancy/check out fee £80
An Administration Fee of £350 plus VAT is payable by the applicant when the letting is first agreed. Additional tenants attract a further charge of £75 per person.These fees are non-refundable in the event that the applicant fails to proceed, or references prove unsatisfactory. The Administration Fee covers our time and expenses in processing the application, handling references, undertaking credit checks, and negotiating and drawing-up tenancy documentaton. The fee also includes the cost of an independent inventory check-out report, undertaken at the end of the tenancy.
Letting Fees Information
Please note the charges listed below incl VAT are the MAXIMUM fees that will be applied depending on your circumstances and the number of tenants.
TENANCY AGREEMENT
Before any tenancy begins you will sign a Tenancy Agreement setting out the landlord's and tenant's obligations. A charge of £300 is made for the preparation of the original Agreement and a further £125 for any extension Agreement(s) subsequently entered into.
Should you change tenants at any point during the tenancy you must inform us and, subject to your landlord's agreement (which might include the need to take up new references) we will prepare new documents for signature. Our fee for this will be £300.
SECURITY DEPOSIT
A security deposit is required equating to at least 1 and a half month's rent. This deposit is held by us or passed to your landlord.
TENANCY DEPOSIT PROTECTION
Your security deposit must be protected by your agent or the landlord via a government approved tenancy deposit scheme. This is to ensure that if disputes arise these will be resolved by an independent third party. Within 30 days of paying your deposit your landlord or agent is required to give you details of the scheme.
INITIAL MONIES
The Initial Money consists of:
First month's rent in advance
Security Deposit
Administration & Referencing Fee £200 per tenant
Check-in fee - minimum of £72.00 (There may be instances where applicants pay for check-outs instead. Contact your local branch for more information)
Tenancy Agreement £300 (if supplied by us)
If there are any guarantors to the tenancy:
Guarantor Referencing Fee £150 per guarantor
Agreement of Guarantee £75
And if the tenant is a company:
Company Referencing Fee £175
Other Charges:
• Change of Sharer £300
• Extension Agreements £125
• Outgoing reference fee £24
Optional extras if agreed:
• Saturday Move-In £60
RENTAL PAYMENTS
All rent is payable in advance by standing order. All payments should be made 72hrs prior to your rent due date to allow for clearance. Any financial problems you may encounter should be reported to us.
LANDLORD FEES
Tenant find only £900.00
Rent Collection Service 12%
Management Service 15%
Please note these are our standard fees, please ask about any discounts or special offers you may be entitled too.
COURTNEY ROSE WILLIAMS is a Membership of The Property Ombudsman (TPO) redress scheme demonstrating commitment to Professional Standards.
COURTNEY ROSE WILLIAMS is part of the National Federation of Property professionals Client Money Protection Scheme.
At LHL we endeavour to provide best services with personal involvement. We treat every property as our own. We will only carry out viewings with the potential tenants who we feel comfortable to let our own house. We vet every potential tenant before we carry out any viewings to save ours and Landlords time.
We charge all ingoing tenants a reference + Admin fee of £120.00 (No Vat) per person above the age of 18 .This fee is payable every year but at the reduced rate of £60.00 per tenant until their stay in the property and provided the Landlord renews the contract through LHL Estates. (subject to Renewal agreement with Landlord).
Full Management - 10%
Rent Collection - 9%
Tenant Find - 8%
TENANTS CHARGES (SUMMARY);
The Initial Money consists of:
- First month's rent in advance
- Administration Fee £60 per tenant
- Referencing Fee £75 per tenant
- Tenancy Agreement £200 (if supplied by us)
If there are any guarantors to the tenancy:
- Guarantor Referencing Fee £75 per guarantor
- Agreement of Guarantee £60
And if the tenant is a company:
- Company Referencing Fee £200
Other Charges:
- Extension Agreements £100
- Check-out £120
Standard Fees & Terms for Tenants
Should you wish to terminate your tenancy before the end of the term and the landlord agrees that you can terminate early, you will be responsible for the repayment of the pro-rata commission paid in advance by the landlord for the unexpired portion of the tenancy, unless you are exercising a break clause which is contained in your tenancy agreement.
An administration fee of £30 will be charged for each letter sent by AP Morgan regarding late or non-payment of rent or administration charges. A reference may be requested by a tenant at any time. The administration fee for this service is £35 and is payable upon request.
Please note: If any charges remain outstanding at the end of the tenancy, AP Morgan will deduct the outstanding amount from the tenancy deposit.
Payment of rent
The first instalment of rent must be paid in cleared funds when you sign the tenancy agreement. Please note, Housing Benefit applicants are required to pay the initial 2 (two) months’ rent in advance. Thereafter, rent is payable by standing order (unless agreed otherwise) to arrive on the due date as stated in the tenancy agreement. This means that the standing order must be set up so that the funds leave your account three days before the rent is due. The full rent must be paid by a single standing order, we are unable to accept multiple standing orders.
Deposit
A deposit equivalent to six weeks' rent must be paid in cleared funds when you sign the tenancy agreement and is held by AP Morgan as Stakeholder for the duration of the tenancy in accordance with the terms of the tenancy agreement and where applicable AP Morgan will register the deposit monies with a deposit protection scheme on the landlord's behalf. AP Morgan excludes liability in relation to loss caused by the insolvency of a financial institution which holds deposits in its contracts with landlords and tenants.
References/identification
You are responsible for any administration charges levied by your own bank in relation to obtaining a reference.
Insurance
It is your responsibility to insure landlord’s fixtures, fittings and your own belongings throughout the tenancy.
Utilities
You will be responsible for the payment of telephone, tv cable,gas, water and electricity accounts at the property during your tenancy, as well as the council tax and tv license. It is your responsibility to notify the relevant companies and the local authority that you are moving into/out of the property.
VAT
All charges levied by AP Morgan are subject to VAT at the prevailing rate.
TENANTS CHARGES (SUMMARY);
The Initial Money consists of:
- First month's rent* in advance
- Security Deposit (equal to 6 weeks rent)
- Administration Fee £60 per tenant
- Referencing Fee £75 per tenant
- Tenancy Agreement £200 (if supplied by us)
If there are any guarantors to the tenancy:
- Guarantor Referencing Fee £75 per guarantor
- Agreement of Guarantee £60
And if the tenant is a company:
- Company Referencing Fee £200
Other Charges:
- Extension Agreements £100
- Check-out £120
Standard Fees & Terms for Tenants
Should you wish to terminate your tenancy before the end of the term and the landlord agrees that you can terminate early, you will be responsible for the repayment of the pro-rata commission paid in advance by the landlord for the unexpired portion of the tenancy, unless you are exercising a break clause which is contained in your tenancy agreement.
An administration fee of £30 will be charged for each letter sent by AP Morgan regarding late or non-payment of rent or administration charges. A reference may be requested by a tenant at any time. The administration fee for this service is £35 and is payable upon request.
Please note: If any charges remain outstanding at the end of the tenancy, AP Morgan will deduct the outstanding amount from the tenancy deposit.
Payment of rent
The first instalment of rent must be paid in cleared funds when you sign the tenancy agreement. Please note, Housing Benefit applicants are required to pay the initial 2 (two) months’ rent in advance. Thereafter, rent is payable by standing order (unless agreed otherwise) to arrive on the due date as stated in the tenancy agreement. This means that the standing order must be set up so that the funds leave your account three days before the rent is due. The full rent must be paid by a single standing order, we are unable to accept multiple standing orders.
Deposit
A deposit equivalent to six weeks' rent must be paid in cleared funds when you sign the tenancy agreement and is held by AP Morgan as Stakeholder for the duration of the tenancy in accordance with the terms of the tenancy agreement and where applicable AP Morgan will register the deposit monies with a deposit protection scheme on the landlord's behalf. AP Morgan excludes liability in relation to loss caused by the insolvency of a financial institution which holds deposits in its contracts with landlords and tenants.
References/identification
You are responsible for any administration charges levied by your own bank in relation to obtaining a reference.
Insurance
It is your responsibility to insure landlord’s fixtures, fittings and your own belongings throughout the tenancy.
Utilities
You will be responsible for the payment of telephone, tv cable,gas, water and electricity accounts at the property during your tenancy, as well as the council tax and tv license. It is your responsibility to notify the relevant companies and the local authority that you are moving into/out of the property.
VAT
All charges levied by AP Morgan are subject to VAT at the prevailing rate.
Holding deposit
Equivalent to 2 weeks rent
This is payable to secure the property for you and is deducted from the move-in balance.
Tenancy Prepareation and Referencing fee
£120.00 inclusive of VAT per person
This is covers the cost of preparing the tenancy and checking your references.
Guarantor fee
(If required) £65.00 inclusive of VAT per guarantor
This covers the cost of a reference and deed of guarantee where your financial position requires you to provide a guarantor. That is someone can cover the rent on your behalf in the event that you are unable to pay
Inventory
from £90.00 to a maximum of £200.00 inclusive of VAT
This covers the cost of comparing the condition of the flat with the inventory created when you first moved in and depends on the size of the property. This is payable prior to the start of the tenancy.
Move-In Balance
Security deposit and 1st month’s rent
This needs to be paid in full before the start of your tenancy. Your deposit money (equivalent to 6 weeks rent) will be secured in a tenancy deposit scheme
Referencing fees - When the landlord or their managing agent requires a full referencing report we will use an external company to make various enquires including checks on your credit history and your declared income.
The cost to a tenant and their guarantor (if required) is
£30.00 each
Administration Fee - This is a fixed cost fee that can cover a variety of works including but not limited to conducting viewings, negotiating the tenancy, verifying references and drawing up contracts. This charge is applicable per tenancy, and not per individual tenant.
£120.00 per tenancy
Renewal fee. The cost for preparing and processing any Tenancy renewal is £75.00 inc VAT
Inventory fees: The rate depends on the level of furnishings,the number of bedrooms, receptions, bathrooms, etc. Please contact us for an exact price.
FEES APPLY
Reservation
To Reserve a property we will require the payment of the following by Cash or Bank transfer (Sorry Cheques are not accepted). Please refer to Our Tenants Terms document for full reservation details.
Referencing Fee £85.00 per applicant to be referenced
Guarantors £150.00 per guarantor (inc Reference and Admin fee)
Agreement and TDS Fee £150.00 per tenancy
Reservation Fee Equivalent to 2 weeks Rent (refundable upon commencement)
Deposit
We are members of the Tenancy Deposit Scheme (www.tds.gb.com) and your deposit will be protected by Colin Dean Residential in accordance with the rules of this scheme.
Inventory Procedure
Your Landlord will pay for the cost of a professional Inventory for your protection and to prove the condition of the property at commencement of the Tenancy. You as the tenant will be liable to pay for a professional Check out report when you move out of the property.
Insurance
You will be required to have Tenants Contents Insurance before you move into this property. Cover is required for all normal events, but also cover if you accidentally damage the Landlords Possessions up to the value of £2500. (£100.00 policy excess) We recommend "Let Risks" who can deal with all of your Insurance needs. You can call them on 0845 072 0292.
Renewal fees
Please note that should you decide to stay on in this property and renew your contract Renewal Administration charges will apply which are currently £100.00 inc VAT
Please Note:
We accept all major Debit and Credit Cards (Transaction charges will apply for Commercial Debit and any Credit Cards of 3% -inc VAT- of the transaction value)
- final cleaning: 50,00 euros
- rent towels and sheets: 15,00 euros per person per change
- for annual rent: 1 month + Italian Vat
-
We require a non-refundable referencing fee of £120.00 per adult tenant or £132.00 for self-employed tenants.
-
An administration fee of £180.00 per property is payable before you move in.
-
There will be an admin fee of £78.00 payable to renew the agreement.
-
The deposit and first month's rent must be paid before the tenancy can begin.
Please see the SERVICES section of this website for a full description of all tenant fees and administration charges.
Our Administration Fees are:
£150 inc vat per adult tenant (all persons living at the property aged 18 or over)
£60 inc vat per guarantor (if applicable)
£70 no vat Pet Fee (if applicable)
If fees are paid by credit card there will be a 2% charge on top of the transaction value.
For a full list of possible fees during a managed tenancy please see Services & Tenants.
Asking rent is not inclusive of agency fees. Personal circumstances and the property you rent will effect the following fees which may apply:
Referencing Fees
Renewal Fees
Early Termination Fees
Checkout Fees
Changing Tenancy Agreement Details Fees
Late Payment Rent Fees
Referencing fees for the following will apply where the tenants will be from one household:
Rooms: £150 per room
Studio: £250 per studio
1 Bedroom Flat: £320 per flat
2 Bedroom + Flat: £350 per property
If tenants are sharing from separate households the fees will be £150 per tenant.
Summary of Costs for taking a Tenancy
Prior to Tenancy - Administration Charges (Non Refundable)
Setup Fee (tenants share) £150.00 (inc VAT) each - for up to two tenants
Referencing, (identity, immigration and visa confirmation, financial credit checks,
obtaining references from current or previous employers / landlords and any other
relevant information to assess affordability)
Contract negotiation (amending and agreeing terms) and arranging the tenancy and
agreement.
Accompanied Check In, preparing an Inventory and Schedule of Condition of the
property, explaining how appliances work and taking meter readings
Advising utility services and providing meter readings
Additional Tenant Fee £75.00 (inc VAT) per tenant
Processing the application, associated paperwork and referencing
Guarantor £75.00 (inc VAT) each
Covering credit referencing and preparing a Deed of Guarantee as part of the tenancy
agreement.
Pet Deposit - Returnable additional Security Deposit of £240.00
To cover the risk of property damage. This will be protected with your security deposit in a Government authorised scheme and may be returned at the end of the tenancy
Mid and Post-Tenancy Administration Charges
During your Tenancy:
Amendment Fee £75.00 (inc VAT)
Contract negotiation, amending terms and updating your tenancy agreement during
your tenancy.
Renewal Fee (tenants share) £75.00 (inc VAT)
Contract negotiation, amending and updating terms and arranging a further tenancy
and agreement.
Out of Hours Service £30.00 per hour (inc VAT) plus any actual 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 the prevailing rate.
Ending your Tenancy:
Check out Fee (tenants share) £54.00 (inc VAT)
Attending the property to undertake an update Schedule of Condition based on the
original inventory and negotiating the repayment of the security deposit(s).
Overdue Rent & Returned Payments £30.00 inc (VAT) For each letter sent
For each letter sent to the Tenant concerning arrears of rent.
Payments presented to the Landlord’s Agent’s bank but returned, refused or represented
by the bank for any reason.
Overdue rental payments will be subject to interest at the rate of 6% per annum
calculated from the date the payment was due up until the date payment is received.
Admin Fee £175.00 Per Person inc VAT
Admin Fee - Claimant of Housing Benefit £275.00 Per Person inc VAT
Students Admin Fee £100 Per Person inc VAT (includes guarantor)
Additional Guarantor £25.00 inc VAT
Checkout Fee £50.00 Per Person inc VAT (minimum of £150.00 per property)
Contract Renewal Fee £72.50 inc VAT
Client Money Protection provided by Client Money Protect.
Independent redress provided by The Property Ombudsman.
Holding Deposit - Equivalent to one weeks rental per tenancy. Please note that this will be withheld if the tenant or guarantor withdraw from the tenancy, fails a Right to Rent check, provides false or misleading information, unreasonably delays responding to reasonable requests for information or fails to sign the tenancy agreement by the Deadline for Agreement date.
*If your offer is accepted then this amount will be off-set against the initial first months rental payment, so you are not making the payment twice
Security Deposit
5 weeks rental per tenancy - Rent under £50,000 per year
6 weeks rental per tenancy - Rent of £50,000 or over per year
Variation of Contract - £50.00 (inc VAT) - If a tenant requests a variation or assignment of a tenancy, or a replacement or an addition of a Tenant/Occupier, during the tenancy, the tenant will be liable for the Variation of Contract Fee for the preparation of any documents in relation to each variation.
Early Termination - Should the tenant agree with the landlord to terminate the tenancy before the tenant is permitted to do so, the tenant will be responsible for indemnifying the landlord and the agent for any losses and reasonable costs incurred as a result of the early termination and in the re-letting of the property.
Lost Keys, Fobs/Security Devices - The tenant will be liable for the costs incurred in replacing any keys, fobs or other security devices that are lost during the tenancy for the property and the building where necessary.
Unpaid Rent - Interest at 3% above Bank of England Base Rate on any rent or other money payable under the tenancy agreement.
Plus, before the start of the tenancy:
- rent equivalent to 1 x month's rent (* less the amount paid above) but depending on the terms agreed
- security deposit usually equivalent 5 x week's rent
In addition to the rental price of the property, the following fees are applicable. These fees are all inclusive of V.A.T.
FEES APPLICABLE TO TENANCIES SIGNED PRIOR TO 1ST JUNE 2019
- Contract renewal fee - £72
- Checkout fee - £100
FEES APPLICABLE TO TENANCIES SIGNED ON OR AFTER 1ST JUNE 2019
Before the tenancy starts:
- Holding Deposit: 1 week’s rent
- Deposit: 5 weeks’ rent
During the tenancy:
- Payments to other third parties: such as Council Tax, utilities or payments for communications services
- Default Charges: such as payment for the replacement of lost keys, fobs or permits.
- Payment of £50 if you want to change the tenancy agreement.
- Payment of interest for the late payment of rent at a rate of 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
- Payment of any unpaid rent or other reasonable costs associated with the early termination of the tenancy.
Tenant Protection
Ian Gibbs is a member of the RICS Money Protection Scheme and the Property Ombudsman redress scheme. You can find out more details on the agent’s website or by contacting the agent directly..
Tenancy set up fee
Maximum of the equivalent of one weeks rent for the property plus VAT. Please contact your local homes4u branch for the exact figure per property.
Example
If the monthly rent is £750.00, The fee is £207.70
(£750.00 x 12 / 52 = £173.08 + 20% VAT)
Company Lets - Tenancy set up fee
Where a property is being taken in a company name an administrative fee £420 of is due
Additional fees
The below fees are expressed inclusive of VAT
Guarantor Fee £90
Early termination fee (where re marketing is required) £480
Early termination fee (replacing like for like without marketing) £240
Tenancy amendment fee £180
Late payment of rent fee £30 (for communication sent)
Over payment of rent fee £20
Letter of reference £25
Independent Redress Scheme
As a member of The Property Ombudsman Scheme we commit to complying with their Code of Practice for Lettings and Estate Agents. Visit www.tpos.co.uk for more information.
Tenancy set up fee
Maximum of the equivalent of one weeks rent for the property plus VAT. Please contact your local homes4u branch for the exact figure per property.
Example
If the monthly rent is £750.00, The fee is £207.70
(£750.00 x 12 / 52 = £173.08 + 20% VAT)
Company Lets - Tenancy set up fee
Where a property is being taken in a company name an administrative fee £420 of is due
Additional fees
The below fees are expressed inclusive of VAT
Guarantor Fee £90
Early termination fee (where re marketing is required) £480
Early termination fee (replacing like for like without marketing) £240
Tenancy amendment fee £180
Late payment of rent fee £30 (for communication sent)
Over payment of rent fee £20
Letter of reference £25
Independent Redress Scheme
As a member of The Property Ombudsman Scheme we commit to complying with their Code of Practice for Lettings and Estate Agents. Visit www.tpos.co.uk for more information.
Admin Fee: One week's rent plus VAT
Renewal Fee: One week's rent plus VAT
Tenancy Admin fee £225 plus VAT- £75 plus VAT for each additional applicant or guarantor - Checkout fee £90 plus VAT
Deposit equivalent to one and a half's months rent. Setting up fee of £312.00 (including vat) is charged for the first tenant, additional tenants are each charged an additional £96 (including vat). A fee of £78 (including vat) will be charged per tenancy for the renewal of the contracts at the end of the tenancy term. A check out fee of £78 (including vat) will also be applied if the property is a managed property and is payable at the start of the tenancy.
Tenancy set up fee £270 including VAT- £90 including VAT for each additional applicant or guarantor, Checkout fee £108 including VAT’
Letting Fees Information
TENANCY INFORMATION
NEW ASSURED SHORTHOLD TENANCIES (ASTs) SIGNED ON OR AFTER 1 JUNE 2019
Holding Deposit (per tenancy)
One weeks rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy.)
Five weeks rent.
This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s)
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract (Tenants Request)
£50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlords instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenants Request)
£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlords instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenants Request)
Should the tenant wish to leave their contract early, they shall be liable to the landlords costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
CLIENT MONEY PROTECTION:
Propertymark - Scheme Member Reference: C00016347
INDEPENDENT REDRESS:
The Property Ombudsman Scheme TPOS - Membership Number: N00852
A £25.00 booking fee apple for each property booked.
A security deposit may be requested.
One third of the total cost of the holiday is required to confirm the booking, the balance being due eight weeks prior to the commencement of the holiday.
If you cancel the booking you may not be entitled to receive your money back.
1. Rent – depending on the property.
2. A refundable holding deposit capped at one week’s rent. This will be held for 15 days. If agent or landlord withdraw, this deposit will be refunded. If the tenant withdraws, the deposit is forfeited (unless certain circumstances apply - please enquire of Agent).
3. A security deposit capped at five weeks’ rent where the annual rent is less than £50,000, or six weeks’ rent where the total annual rent is £50,000 or above.
4. Rent arrears – Interest will be charged on rent arrears and that interest charged will be calculated at 3% above the Bank of England’s base rate from the date the rent falls due, until the date it is paid. The charge will not be levied until the tenant is 14 days in arrears.
5. The cost of replacing a lost key or other security devices (cost depends on types of keys and security devices ).
6. Variation to the contract - £50 including VAT
7. A surrender fee will be charged if a tenant moves out earlier than the tenancy agreement allows this will include landlord’s costs in reletting the property, plus the amount of rent owing until the new tenant moves in, up to a maximum of the total rent outstanding on the property.
8. Payments in respect of utilities, communication services, TV licence and council tax.
The following fees apply to all new lets arranged from 1.6.19 and existing tenancies from 31.5.20
Variation to the tenancy agreement (when requested by the tenants and provided approved by the Landlord or letting agent) £50.00 (inc VAT), or reasonable costs incurred if higher
Replacement keys -£15.00 admin fee (inc VAT) plus cost of the replacement key/s
Replacement entry fob - £15 admin fee (inc VAT) plus cost of the replacement key fob/s
Early termination of tenancy (subject to Landlords terms of departure and consent, which may be withheld) - reasonable costs as incurred by the Landlord or agent to secure new tenants and re-let the property Payment for all council tax, utilities, tv license, phone, internet, cable tv, satellite tv – as invoiced directly
The Letting Line is wholly owned and run by Atkinsons Residential Ltd who are members of the Ombudsman Scheme & have client money protection in force with Propertymark Scheme ref number C004873
£60 per person (inclusive of VAT)
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Click here to see our post June 2019 Tenancy Fees
The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments:
A holding deposit (up to 1 week's rent)
A tenancy deposit of 5 weeks' rent
A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher
Interest at a rate of 3% above the Bank of England¿s base rate, for late payment of rent (which is more than 14 days overdue)
A payment of £50 inc VAT for the replacement of a lost key or security device
Payments associated with early termination of the tenancy when requested by the tenant
Payments to service providers in respect of utilities, communication services, TV licence and council tax
Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Ombudsman Limited, which is a redress scheme, and RICS, which is a client money protection scheme.
Tenant administration charges
Reference Fee £95 plus VAT per tenant
Check-out fee in the range of £55 - £85 excluding VAT depending on size of the property and whether unfurnished, part-furnished or furnished.
Guarantor Agreement/Application Fee £95 plus VAT per guarantor
Additional Occupant Fee £125 plus VAT should a new tenacy need to be issued
£150 for single occupant. £180 for dual occupancy.
Fees payable:
Any rent that is unpaid for more than 14 days may be charged at an interest rate up to 3% above Bank of England base rate.
To secure one of our Lettings properties, you will be asked to pay a non-refundable holding deposit of up to 1 weeks' rent per dwelling.
Before you move into one of our Lettings properties, you will be asked to pay a deposit of up to 5 weeks' rent per dwelling (less any holding deposit already paid).
Company Lets are subject to an administration fee of £240 (including VAT) per dwelling.
If it is agreed that you are able to end your tenancy early, it is likely that you will be required to pay rent up until the point a new tenant moves in. Depending on the circumstances, you may also be asked to pay the Landlord's fee for re-letting the property. This would be a maximum amount of £540 (including vat).
If you lose your keys or do not return the full complement of keys or fobs at the end of your tenancy, you will be charged the full cost of replacing them, as well as an administration fee not more than £20 (including VAT).
If you wish to add or change a tenant within a Lettings property, you will be asked to pay an administration fee of £50 (including VAT) per dwelling.
If your tenancy with us began prior to 1st June 2019, then some fees may still be payable by you (such as renewal fees) until 1st June 2020.
In addition, Nicholas George Ltd ARE a member of the NALS (now SafeAgent) Client Money Protection Scheme.
Nicholas George Ltd ARE also a member of a professional redress scheme (The Property Ombudsman).
If you require any further information, please let us know.
Tenant Schedule of Fees
- Preliminary reservation charge (which is non-refundable if the offer is withdrawn by the tenant) £500
- Administration and Reference £354 inclusive of VAT
- Inventory Check in/out depending on the size of the property from £120
- Tenants are responsible for the professional cleaning at the end of their tenancy
If you would like further details on any of these charges, please speak to a member of our team.
FEES APPLY
The asking rent does not include letting fees. Depending on your circumstances and the property you select, we may apply one or more of the following upfront fees:
1. General administration fees
2. Reference fees
3. Fees for drawing up tenancy agreements.
4. Inventory fees, including check-in and check-out fees.
5.Guarantor reference and document fees.
6.Pets disclaimer fees/ additional pet deposit.
NEW ASSURED SHORTHOLD TENANCIES (ASTs) TENANT FEES
Holding Deposit: One week’s rent.
Security Deposit: Five weeks’ rent.(This covers damages or defaults on the part of the tenant during the tenancy)
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (Inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract: £50 (Inc. VAT) per agreed variation. (To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents)
Change of Sharer: £50 (Inc. VAT) per replacement tenant or any reasonable costs incurred if higher. (To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination: Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Client Money Protection (CMP): Propertymark
Redress scheme: The Property Ombudsman
You can find out more details on our website or by contacting the us directly
An application fee of £110pp (£180per couple) including VAT is payable for all tenancies. Please call 01228 810300 for more information.
The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments:
A holding deposit (up to 1 week's rent)
A tenancy deposit of 5 weeks' rent
A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher
Interest at a rate of 3% above the Bank of England¿s base rate, for late payment of rent (which is more than 14 days overdue)
A payment of £50 inc VAT for the replacement of a lost key or security device
Payments associated with early termination of the tenancy when requested by the tenant
Payments to service providers in respect of utilities, communication services, TV licence and council tax
Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Ombudsman Limited, which is a redress scheme, and RICS, which is a client money protection scheme.
The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments:
A holding deposit (up to 1 week's rent)
A tenancy deposit of 5 weeks' rent
A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher
Interest at a rate of 3% above the Bank of England¿s base rate, for late payment of rent (which is more than 14 days overdue)
A payment of £50 inc VAT for the replacement of a lost key or security device
Payments associated with early termination of the tenancy when requested by the tenant
Payments to service providers in respect of utilities, communication services, TV licence and council tax
Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Ombudsman Limited, which is a redress scheme, and RICS, which is a client money protection scheme.
In addition to the rental price displayed other fees will be due in order to arrange the rental of this property.
Other fees will include a deposit against the property, protected by the Deposit Protection Scheme, and further fees for the administration of references, and inventory check out fees.
Please contact the relevant office for confirmation of the fees due in respect of this property.
All Tenants are liable for an administration fee when applying to rent a property via Lettings2sales. This fee is due upon reservation and the fee applies to the property not individual tenants.Administration fee`s cover the cost of referencing and preparing necessary documentation Relating to the tenancy agreement .
The cost of this administration fee in the sum of 2 weeks of the monthly rental this is a non refundable fee.Further fee`s are not applicable during your tenancy period on leaving the tenancy Lettings2sales will seek a referencing fee of £25.00 plus VAT for each individual tenant to provide this service.
.
Lettings2sales do not charge a renewal fee at the end of your tenancy agreement and a tenant can automatically roll on to a periodic tenancy. Should a tenant ask for a contract to be renewed for a further six/twelve months then a charge of £75.00 will apply.
Lettings2Sales Ltd
Holding Deposit (per tenancy) - One week's rent
(This will be calculated using the formula - Rent x 12 / 52)
This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year) - Five weeks' rent
(This will be calculated using the formula - Rent x 12 / 52 x 5)
This covers damages or defaults on the part of the tenant during the tenancy.
Security Deposit (per tenancy. Rent of £50,000 or over per year) - Six weeks' rent
This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s)
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract (Tenant's Request) - £50 (inc. VAT) per agreed variation
To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant's Request) - £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher
To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant's Request)
Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy. Please refer to the Landlord Fee Schedule available to view on our website at www.heritage-estates.co.uk<http://www.heritage-estates.co.uk> or in our office.
Tenant protection:
Heritage Estate Agency Ltd is a member of Propertymark which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme. You can find out more details on the agents website www.heritage-estates.co.uk<http://www.heritage-estates.co.uk> or by contacting the agent directly.
Referencing
£425 per property for up to 2 persons, £175 per additional applicant, £125 per guarantor. £300 for company checks. This Charge is Inclusive of VAT.
Administration
Tenancy setup and associated administration £125. Checkout is a per property cost dependent on property size; Unfurnished properties up to 3 beds - £150, 4 Beds or more - £180, Furnished rentals will incur a 50% loading to this charge.
Security Deposit
Subject to Landlord agreement, this is usually 1.5 months rent with an additional half months rent (therefore two months total) if pets are to be kept at the property, this is a per property not per tenant charge. There is no VAT on a Security Deposit.
A detailed breakdown of these non-optional charges, information on how the refundable security deposit is calculated as well as information about all other charges you may incur over the duration of a let through Sterling can be found on our reference forms.
The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments:
A holding deposit (up to 1 week's rent)
A tenancy deposit of 5 weeks' rent
A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher
Interest at a rate of 3% above the Bank of England¿s base rate, for late payment of rent (which is more than 14 days overdue)
A payment of £50 inc VAT for the replacement of a lost key or security device
Payments associated with early termination of the tenancy when requested by the tenant
Payments to service providers in respect of utilities, communication services, TV licence and council tax
Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Ombudsman Limited, which is a redress scheme, and RICS, which is a client money protection scheme.
APPLICATION TO RENT A PROPERTY
You are required to provide the following:
1] VOUCH Application form – complete all sections in full.
SIGN & DATE rear page.
2] Proof of ID/Residency/Signature – photographic driving licence or passport
3] Holding deposit equal to 1 weeks rent
Payment accepted by all major debit/credit cards (2% charge credit cards)
Application Fee: £144
(All applicants except student multi-let. Non refundable)
Student Applications: £96
(All student multi-let applicants. Non refundable)
Guarantor: £48 (Each guarantor. Non refundable)
Deposit: £200 plus one months rent
Inventory: from £42 (dependent on property size)
First months rent payable in advance in addition to above
Letting fees information
The asking rent does not include any letting fees. Depending on your circumstances and the property you select, we will also apply the following upfront fees:
• general administration fees
• reference fees (including credit checks, bank, guarantor, previous landlord, etc.)
• application fees
• fees for drawing up tenancy agreements
• inventory fees, including check-in and check-out fees
• guarantor arrangement/application fees
• additional occupant fees
• pets disclaimer fees/additional pet deposit
For a breakdown of our fees please call Slades Lettings on 01202 428555 option 2.
Tenant Administration Fee is £175 per person (inclusive of VAT) Inventory Fee is £125 per tenancy Renewal Fee is £75 plus VAT (£90) per renewal
The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments:
A refundable holding deposit (up to 1 week’s rent)
A refundable tenancy deposit (up to 5 weeks’ rent (or 6 weeks’ rent if the annual rent is £50,000 or more))
A payment to alter the tenancy agreement, when requested by the tenant (up to £50 inc VAT, or reasonable costs incurred if higher)
Payments associated with early termination of the tenancy when requested by the tenant
Interest, at a rate of up to 3% above the Bank of England’s base rate, for late payment of rent (which is more than 14 days overdue)
A default fee for the replacement of a lost key or security device
Payments to service providers in respect of utilities, communication services, TV licence and council tax
Other payments, permitted under appropriate legislation, including damages.
The Property Ombudsman
Edwards are members of The Property Ombudsman (TPOS), which offers independent redress to its clients. As members we adhere to its strict guidelines on operating procedures. Further details of the scheme are available at www.tpos.co.uk.
Client Money Protection
Edwards adhere to the strict operating guidelines set out by ARLA for the protection of client monies. We also register and transfer our deposits the custodial Deposit Protection Scheme.
Letting Fees
In addition to the rent shown in this advert other costs and fees are due for someone wishing to apply and ultimately move into the property.
Prior to the creation of a tenancy, references will be taken on each tenant who is either 18 years old or above, or who will be 18 during the course of the initial term of the tenancy agreement.
The tenancy remains SUBJECT TO CONTRACT at all times until the contracts are signed by both parties and executed.
Set Up Fees
Edwards charge £300 + vat (£360 Inc) for the first applicant and £100 + vat (£120 Inc) for each subsequent applicant. This cost covers the referencing (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
Guarantor
Guarantors are also charged at £50 + vat (£60 Inc). This cost covers the referencing (financial credit checks and obtaining references from current or previous employers / income sources) and preparing the Deed of Guarantee as part of the tenancy agreement
It should be noted that if references fail, or you decide not to proceed with the letting, then the Set Up Fee and Guarantor Fee is in most cases non-refundable.
Further Fees
Upon receipt of satisfactory references and landlord approval, we will offer a tenancy on behalf of the landlord and further costs and fees will become due before a tenancy can commence. The tenancy remains SUBJECT TO CONTRACT at this time. These are;
• Minimum of 1 month’s rent paid in advance
• Deposit equivalent to 1 & 1/2 months’ rent (unless otherwise stated)
• An Inventory check out fee which varies between £100 and £250 + vat (£120 & £300 Inc) depending on the size of the property.
Other fees may become due through the course of the tenancy, these are:
Amendment Fee £150 + vat (£180 Inc) Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.
Renewal Fee £75 + vat (£90 Inc) Contract negotiation, amending and updating terms and arranging a further tenancy and agreement.
Saturday Move In Fee £60 + vat (£72 Inc) For move ins arranged on a saturday.
Lost Security Items £50 + vat (£60 Inc) plus item cost. Obtaining necessary permissions, sourcing providers and travel costs.
Out of hours services £50 + vat (£60 Inc) per hour Where actions of the tenant results in the agent (or nominated contractor) attending the property out of the normal working hours i.e. 9am until 6pm. Time to remedy the situation is charged at the prevailing rate.
Unpaid rent / Returned Payments Interest at 8% above Bank of England Base Rate from the due date.
Click here to see our post June 2019 tenant fees
Tenants charges:
Tenants set up fees apply at the start of a tenancy but vary upon the property and tenants individual circumstances
Fees you will incur are:
• Deposit payable per property
• Tenancy Agreement and Administration fee payable per property
• References payable per person (including Guarantor if required)
• Inventory & Schedule of Condition payable per property
Further details are listed on our property details or please feel free to contact the local office for more information
Tenants charges:
Tenants set up fees apply at the start of a tenancy but vary upon the property and tenants individual circumstances
Fees you will incur are:
• Deposit payable per property
• Tenancy Agreement and Administration fee payable per property
• References payable per person (including Guarantor if required)
• Inventory & Schedule of Condition payable per property
Further details are listed on our property details or please feel free to contact the local office for more information
Click here to see our post June 2019 tenancy fees
Tenant Administration Fee is £175 per person (inclusive of VAT) Inventory Fee is £125 per tenancy Renewal Fee is £75 plus VAT (£90) per renewal
Referencing
£425 per property for up to 2 persons, £175 per additional applicant, £125 per guarantor. £300 for company checks. This Charge is Inclusive of VAT.
Administration
Tenancy setup and associated administration £125. Checkout is a per property cost dependent on property size; Unfurnished properties up to 3 beds - £150, 4 Beds or more - £180, Furnished rentals will incur a 50% loading to this charge.
Security Deposit
Subject to Landlord agreement, this is usually 1.5 months rent with an additional half months rent (therefore two months total) if pets are to be kept at the property, this is a per property not per tenant charge. There is no VAT on a Security Deposit.
A detailed breakdown of these non-optional charges, information on how the refundable security deposit is calculated as well as information about all other charges you may incur over the duration of a let through Sterling can be found on our reference forms.
TENANT FEES SCHEDULE
NEW ASSURED SHORTHOLD TENANCIES (ASTs) SIGNED ON OR AFTER 1 JUNE 2019
Holding Deposit (per tenancy)
- One weeks rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right- to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year)
- Five weeks rent. This covers damages or defaults on the part of the tenant during the tenancy.
Security Deposit (per tenancy. Rent of £50,000 or over per year)
- Six weeks rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent
- Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s)
- Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract (Tenants Request)
- £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’sinstructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenants Request)
- £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenants Request)
- Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Additional Information
Lawrence Ward & Co is a member of and covered by the ARLA/Propertymark Client Money Protection Scheme and a member of a redress scheme provided by The Property Ombudsman.
Fees ‘FOR’ moving in
Administration fee for 1 applicant £288.00
Administration fee for 2 applicants £396.00
Additional person after 2 applicants £91.20 (per applicant)
Weekend move-in/key collection £120
Additional fees which may become payable to some applicants
Guarantor’s referencing £91.20 (per guarantor)
Amendments & re-issue of tenancy agreement £96
Fees `AFTER’ moving in
Tenancy renewal fee £48
Post agreement addendum £24
Failed direct debit or standing order not set up £24
Early surrender fee £120 plus liability for rent until the day a new tenant commences tenancy plus any fees usually payable by the landlord (at the landlord’s discretion)
Check out fee using independent company £100 to £200+ (depending on property size)
End of Tenancy reference request £24
Contractor access service £24 per hour
Please contact us to understand the full fees that apply to this property.
TENANCY FEES & YOUR HOLDING DEPOSIT EXPLAINED
Before your application can be fully considered, you will need to pay to us a holding deposit equivalent to one weeks’ rent for the property you are interested in. This document explains what happens to that holding deposit and the circumstances in which the deposit will / will not be refunded. It is important that you know your legal rights and accordingly you should feel free to seek independent legal advice before signing any application or indeed any other document which we might put before you.
Once we have your holding deposit, current legislation stipulates that the necessary paperwork should be completed within 15 days or such longer period as might be agreed which is defined as an “Extended period”. If at any time during that extended period you decide not to proceed with the tenancy, then your holding deposit will be retained by our firm. By the same token, if during that period you unreasonably delay in responding to any reasonable request made by our firm, and if it turns out that you have provided us with false or misleading information as part of your tenancy application or if you fail any of the checks which the Landlord is required to undertake under the Immigration Act 2014, then again your holding deposit will not be returned. It will be retained by this firm and your Landlord.
However, if the Landlord decides not to offer you a tenancy for reasons unconnected with the above then your deposit will be refunded within 7 days. Should you be offered and you accept a tenancy with our Landlord, then your holding deposit will be credited to the first months’ rent due under that tenancy.
Where, for whatever reason, your holding deposit is neither refunded nor credited against any rental liability, you will be provided with written reasons for your holding deposit not being repaid within 7 days.
You will not be asked to pay any fees or charges in connection with your application for a tenancy. However, if your application is successful under our standard assured short-hold tenancy agreement, you will be required to pay certain fees for any breach of that tenancy agreement in line with the Tenant Fees Act 2019. In consideration of us processing your tenant application, you agree to pay those fees to us on request.
For what reasons can a Holding Deposit be retained?
A Holding Deposit can be retained by the landlord/Letting Agent in four circumstances:
If the tenant fails a Right to Rent check regardless of when the deposit was accepted;
If the tenant provides false or misleading information to the landlord or letting agent, which the landlord is reasonably entitled to consider in deciding whether to grant the tenancy because this materially affects their suitability to rent the property; If the tenant notifies the landlord or letting agent before the Deadline for Agreement that they have decided not to enter into the tenancy agreement; If the tenant fails to take all reasonable steps to enter into a tenancy agreement.
PET FEES EXPLAINED
If consent is given for the tenant to keep a pet at the Property at the outset of the tenancy, then an increase of £10.00 will be levied onto top of the agreed rent. If the tenant requests to have a pet during the course of the current contract and is given permission to keep one at the property, this will be deemed as a Variation of the Contract. A Variation of the Contract will attract a fee of £50.00 payable by the tenant.
Complaints:
We are a member of The Property Ombudsman the help resolve any disputes that arise with a tenancy. Our membership number is D10658. The Property Ombudsman: Milford House, 43-55 Milford Street, Salisbury, Wiltshire, SP1 2BP Tel: 01722 333306
Updated: 31 05 2019
Letting fees information
The asking rent does not include letting fees. Depending on your circumstances and the property you select, the letting agent may also apply the following upfront fees:
general administration fees
reference application fees (including credit checks, bank, guarantor, previous landlord, etc) These are charged at £100.00 plus vat per tenant/guarantor.
fees for drawing up tenancy agreements £150.00 plus vat per property
inventory fees, including check-in and check-out fees
guarantor arrangement/application fees
additional occupant fees
pets disclaimer fees/additional pet deposit
Fees may be charged on a per person, or per property, basis and will vary from agent to agent, so confirm before viewing.
The Property Ombudsman
Edwards are members of The Property Ombudsman (TPOS), which offers independent redress to its clients. As members we adhere to its strict guidelines on operating procedures. Further details of the scheme are available at www.tpos.co.uk.
Client Money Protection
Edwards adhere to the strict operating guidelines set out by ARLA for the protection of client monies. We also register and transfer our deposits the custodial Deposit Protection Scheme.
Letting Fees
In addition to the rent shown in this advert other costs and fees are due for someone wishing to apply and ultimately move into the property.
Prior to the creation of a tenancy, references will be taken on each tenant who is either 18 years old or above, or who will be 18 during the course of the initial term of the tenancy agreement.
The tenancy remains SUBJECT TO CONTRACT at all times until the contracts are signed by both parties and executed.
Set Up Fees
Edwards charge £300 + vat (£360 Inc) for the first applicant and £100 + vat (£120 Inc) for each subsequent applicant. This cost covers the referencing (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
Guarantor
Guarantors are also charged at £50 + vat (£60 Inc). This cost covers the referencing (financial credit checks and obtaining references from current or previous employers / income sources) and preparing the Deed of Guarantee as part of the tenancy agreement
It should be noted that if references fail, or you decide not to proceed with the letting, then the Set Up Fee and Guarantor Fee is in most cases non-refundable.
Further Fees
Upon receipt of satisfactory references and landlord approval, we will offer a tenancy on behalf of the landlord and further costs and fees will become due before a tenancy can commence. The tenancy remains SUBJECT TO CONTRACT at this time. These are;
• Minimum of 1 month’s rent paid in advance
• Deposit equivalent to 1 & 1/2 months’ rent (unless otherwise stated)
• An Inventory check out fee which varies between £100 and £250 + vat (£120 & £300 Inc) depending on the size of the property.
Other fees may become due through the course of the tenancy, these are:
Amendment Fee £150 + vat (£180 Inc) Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.
Renewal Fee £75 + vat (£90 Inc) Contract negotiation, amending and updating terms and arranging a further tenancy and agreement.
Saturday Move In Fee £60 + vat (£72 Inc) For move ins arranged on a saturday.
Lost Security Items £50 + vat (£60 Inc) plus item cost. Obtaining necessary permissions, sourcing providers and travel costs.
Out of hours services £50 + vat (£60 Inc) per hour Where actions of the tenant results in the agent (or nominated contractor) attending the property out of the normal working hours i.e. 9am until 6pm. Time to remedy the situation is charged at the prevailing rate.
Unpaid rent / Returned Payments Interest at 8% above Bank of England Base Rate from the due date.
Application and Administration fees apply : £330 inc VAT for one applicant, £408 inc VAT for two applicants, £78 inc VAT for an additional guarantor. £96 inc vat will be charged at the point of extension for a new tenancy agreement. At the end of the tenancy a check out fee of £102 inc vat will be charged. If the tenancy falls into rent arrears a charge of £30 plus will be payable.
Application and Administration fees apply : £330 inc VAT for one applicant, £408 inc VAT for two applicants, £78 inc VAT for an additional guarantor. £96 inc vat will be charged at the point of extension for a new tenancy agreement. At the end of the tenancy a check out fee of £102 inc vat will be charged. If the tenancy falls into rent arrears a charge of £30 plus will be payable.
Application and Administration fees apply : £330 inc VAT for one applicant, £408 inc VAT for two applicants, £78 inc VAT for an additional guarantor. £96 inc vat will be charged at the point of extension for a new tenancy agreement. At the end of the tenancy a check out fee of £102 inc vat will be charged. If the tenancy falls into rent arrears a charge of £30 plus will be payable.
Application and Administration fees apply : £330 inc VAT for one applicant, £408 inc VAT for two applicants, £78 inc VAT for an additional guarantor. £96 inc vat will be charged at the point of extension for a new tenancy agreement. At the end of the tenancy a check out fee of £102 inc vat will be charged. If the tenancy falls into rent arrears a charge of £30 plus will be payable.
Application and Administration fees apply : £330 inc VAT for one applicant, £408 inc VAT for two applicants, £78 inc VAT for an additional guarantor. £96 inc vat will be charged at the point of extension for a new tenancy agreement. At the end of the tenancy a check out fee of £102 inc vat will be charged. If the tenancy falls into rent arrears a charge of £30 plus will be payable.
Refundable Holding Deposit:1 Week The deposit will not be returned
if the tenant fails a right to rent check,if false or deceptive information is provided so that the property is not able to be let to the tenant or if the tenant withdraws from the agreement.
Security Deposit: 5 Weeks
Rent:As agreed with landlord
Changes to Tenancy:£60.00 Inc VAT(or reasonable costs if these are higher)
Early Termination charge:According to costs incurred by the landlord and re-letting of the property.
Late payment of rent:14 Days or more overdue, fees not to exceed 3% above Bank of England base rate
Replacement keys: £60 inc VAT
Utilities,council tax:Tenants responsibility
Communication services,TV Licence ETC:Tenants responsibility
Client Money Protection Scheme:PropertyMark
Property Redress Scheme:Property Ombudsman
Refundable Holding Deposit:1 Week The deposit will not be returned
if the tenant fails a right to rent check,if false or deceptive information is provided so that the property is not able to be let to the tenant or if the tenant withdraws from the agreement.
Security Deposit: 5 Weeks
Rent:As agreed with landlord
Changes to Tenancy:£60.00 Inc VAT(or reasonable costs if these are higher)
Early Termination charge:According to costs incurred by the landlord and re-letting of the property.
Late payment of rent:14 Days or more overdue, fees not to exceed 3% above Bank of England base rate
Replacement keys: £60 inc VAT
Utilities,council tax:Tenants responsibility
Communication services,TV Licence ETC:Tenants responsibility
Client Money Protection Scheme:PropertyMark
Property Redress Scheme:Property Ombudsman
Refundable Holding Deposit:1 Week The deposit will not be returned
if the tenant fails a right to rent check,if false or deceptive information is provided so that the property is not able to be let to the tenant or if the tenant withdraws from the agreement.
Security Deposit: 5 Weeks
Rent:As agreed with landlord
Changes to Tenancy:£60.00 Inc VAT(or reasonable costs if these are higher)
Early Termination charge:According to costs incurred by the landlord and re-letting of the property.
Late payment of rent:14 Days or more overdue, fees not to exceed 3% above Bank of England base rate
Replacement keys: £60 inc VAT
Utilities,council tax:Tenants responsibility
Communication services,TV Licence ETC:Tenants responsibility
Client Money Protection Scheme:PropertyMark
Property Redress Scheme:Property Ombudsman
Refundable Holding Deposit:1 Week The deposit will not be returned
if the tenant fails a right to rent check,if false or deceptive information is provided so that the property is not able to be let to the tenant or if the tenant withdraws from the agreement.
Security Deposit: 5 Weeks
Rent:As agreed with landlord
Changes to Tenancy:£60.00 Inc VAT(or reasonable costs if these are higher)
Early Termination charge:According to costs incurred by the landlord and re-letting of the property.
Late payment of rent:14 Days or more overdue, fees not to exceed 3% above Bank of England base rate
Replacement keys: £60 inc VAT
Utilities,council tax:Tenants responsibility
Communication services,TV Licence ETC:Tenants responsibility
Client Money Protection Scheme:PropertyMark
Property Redress Scheme:Property Ombudsman
Application and Administration fees apply : £330 inc VAT for one applicant, £408 inc VAT for two applicants, £78 inc VAT for an additional guarantor. £96 inc vat will be charged at the point of extension for a new tenancy agreement. At the end of the tenancy a check out fee of £102 inc vat will be charged. If the tenancy falls into rent arrears a charge of £30 plus will be payable.
£85.00 referencing fee.
£300.00 Tenancy establishment fee.
IN COMPLIANCE WITH THE CONSUMER RIGHTS ACT 2015, AS AMENDED BY THE TENANT FEES ACT 2019
RESIDENTIAL TENANT OUTGOINGS
Rent
Payable monthly in advance.
A Refundable Deposit equivalent to five weeks’ rent
Payable at the outset of a tenancy, this will be held by the Deposit Protection Service (DPS), and returned to you at the end of the tenancy provided that all rent has been paid and the property left in a clean and tidy condition.
NO Holding Deposit required
NO Tenancy Change/Renewal Fees
Default Fees/Payments:-
Late Payment of Rent: Interest will be charged at 3% above the Bank of England Base Rate if a rent payment is more than 14 days overdue for each day the payment is outstanding.
Lost Keys/Security Devices: Charged at cost to replace keys/change locks (as necessary).
Early Termination: If permitted by the Landlord, you will be liable for all the rent payable up to the earliest permitted termination date, or the date an alternative tenancy commences (whichever is the soonest).
Payments to External Providers during the tenancy, if permitted / applicable:-
Utilities – gas, electricity, water
Communications – telephone and broadband
Installation of, and subscription to, cable/satellite supplier
Television licence
Council Tax
Other Permitted Payments:-
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
RESIDENTIAL LANDLORD FEES
Full Management:-
Marketing & Securing a Tenant: FREE OF CHARGE
Tenant Referencing: FREE OF CHARGE
Tenant Move-In: £240 (£200 + VAT @ 20%)
Management: 13.2% (11% + VAT @ 20%)
Tenant Check-Out: INCLUDED IN MANAGEMENT FEE
New Tenancy Agreement (if required): INCLUDED IN MANAGEMENT FEE
Tenant Find Only Service:-
Marketing & Securing a Tenant: ONE MONTHS’ RENT (including VAT @ 20%)
Tenant Referencing: FREE OF CHARGE
Tenant Move-In: £240 (£200 + VAT @ 20%)
Tenant Check-Out (optional): £120 (£100 + VAT @ 20%)
New Tenancy Agreement (if required): £120 (£100 + VAT @ 20%)
Full Fees Schedule Available on Request
FOR YOUR PEACE OF MIND
Redress available from "The Property Ombudsman"
We have a Complaints Handling Procedure, which is available upon request.
Protection by the "RICS Clients’ Money Protection Scheme"
As a Royal Institution of Chartered Surveyors (RICS) Regulated Firm, our clients can apply for help from the RICS Clients’ Money Protection Scheme. Guide available on request.
Laceys is "Regulated by RICS"
We are Regulated by the Royal Institution of Chartered Surveyors (RICS).
Tenant Fees ( see below)
Before the tenancy starts Whitehouse Residential will charge .
Holding Deposit : 1 weeks rent ( maximum ).
Dilapidations Deposit : (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above);
Tenant Fees during tenancy ( see below)
Any tenant wishing to break their contract early can only do so with the permission of their landlord . A fee equivalent to cover the landlords costs of remarketing the property will be payable to Whitehouse Residential .
£50.00 incl VAT charge if a tenant wants to change/amend the tenancy .
For lost keys an admin charge £15.00 incl VAT will be charged plus the cost of replacement keys.
Interest may be charged on late rental payments where rent is not received after 14 days of it being due. The charge is limited to 3% above Bank of England base rate prevailing at the time .
Tenants are responsible for council tax payments.
Tenants are responsible for payments for utilities , TV licence , broadband , cable etc.
Whitehouse Residential are members of the Property Ombudsman Scheme and our Client Money Protection is with Propertymark.
Landlord Fees ( see below)
Let only service : 8.2% (including VAT )
Rent Collection service : 10.8% (including VAT)
Full Management service : 13.2% (including VAT)
(Our commission to landlords will remain the same on all renewals irrespective of service) .
We are happy to take our commission monthly on the rent collection and full management service and do not charge extra for this.
We are authorised to hold tenants deposits as members of The Dispute Service .
The fee we charge to landlords for this service is:
£66.00 including VAT per year ( Rent collection and Let only service)
£30.00 including VAT per year ( Full management service)
Inventory fees :
(1 bedroom flat £66.00 inc VAT ) (2 bedroom flat £78.00 inc VAT) (3 Bedroom flat £ 102.00 inc VAT)
(1 bedroom house £78.00 inc VAT) ( 2 bedroom house £96.00 inc VAT) ( 3 bedroom house £120.00 inc VAT )
( 4 bedroom House £150.00 inc VAT) ( 5+ Bedroom House £ 180.00 inc VAT )
Gas certificates are charged at £102.00 including VAT and are valid for one year.
Energy performance certificates are charged at £102.00 including VAT and are valid for 10 years.
Additional visits to check the property for the landlord £30 including VAT .
Fees for renegotation of and settlement of insurance claims will be 12% inc VAT of the final amount agreed.
Click here to see our letting fees
Click here to see our post June 2019 tenancy fees
After 1st June 2019 tenants will be required to pay:
A HOLDING DEPOSIT of ONE WEEKS RENT (per tenancy) is required to make an initial reservation of a rental property.
Referencing will then be carried out on tenants and must be passed or acceptable to the landlord before proceeding with the tenancy. It may be necessary for you to supply details of a Guarantor (who may also need to be referenced). Please Note: The Holding Deposit will be withheld if any relevant person (including any guarantor(s) withdraws from the tenancy, fails a Right-to-Rent check, provides materially significant false or misleading information, or fails to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
SECURITY DEPOSIT (per tenancy. Rent under £50,000 per year) — Five week’s rent. This covers damages or defaults on the part of the tenant during the tenancy.
SECURITY DEPOSIT (per tenancy. Rent of £50,000 or over per year) — Six week’s rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent - Interest at 0.75% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s) - Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
Variation of Contract (Tenant’s Request) — £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request) — £50 (inc. VAT) per replacement tenant. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant’s Request) - Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Adams' CLIENT MONEY PROTECTION is provided by ARLA PROPERTYMARK. Redress Scheme: THE PROPERTY OMBUDSMAN (TP0).
Tenant Fees for new or existing tenancies Pre 1st June 2019: All applications are subject to referencing and an non-refundable administration fee of £282 including VAT for one adult and then £60 including VAT for each subsequent adult thereafter including guarantors. Also, all applications are subject to a holding deposit of a quarter of one months rent. If your application is successful the holding deposit will be offset against your final balance. Security/Dilapidation deposits held during your tenancy are one months rent plus £150 unless agreed differently with the landlord. Tenants Renewal of tenancy Fee £90. Accompanied Check-in/Check-out fee £36.
After 1st June 2019 tenants will be required to pay:
A HOLDING DEPOSIT of ONE WEEKS RENT (per tenancy) is required to make an initial reservation of a rental property.
Referencing will then be carried out on tenants and must be passed or acceptable to the landlord before proceeding with the tenancy. It may be necessary for you to supply details of a Guarantor (who may also need to be referenced). Please Note: The Holding Deposit will be withheld if any relevant person (including any guarantor(s) withdraws from the tenancy, fails a Right-to-Rent check, provides materially significant false or misleading information, or fails to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
SECURITY DEPOSIT (per tenancy. Rent under £50,000 per year) — Five week’s rent. This covers damages or defaults on the part of the tenant during the tenancy.
SECURITY DEPOSIT (per tenancy. Rent of £50,000 or over per year) — Six week’s rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent - Interest at 0.75% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s) - Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
Variation of Contract (Tenant’s Request) — £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request) — £50 (inc. VAT) per replacement tenant. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant’s Request) - Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Adams' CLIENT MONEY PROTECTION is provided by ARLA PROPERTYMARK. Redress Scheme: THE PROPERTY OMBUDSMAN (TP0).
Tenant Fees for new or existing tenancies Pre 1st June 2019: All applications are subject to referencing and an non-refundable administration fee of £282 including VAT for one adult and then £60 including VAT for each subsequent adult thereafter including guarantors. Also, all applications are subject to a holding deposit of a quarter of one months rent. If your application is successful the holding deposit will be offset against your final balance. Security/Dilapidation deposits held during your tenancy are one months rent plus £150 unless agreed differently with the landlord. Tenants Renewal of tenancy Fee £90. Accompanied Check-in/Check-out fee £36.
As well as paying the rent, you may also be required to make the following permitted payments.
Permitted Payments
Before the tenancy starts (payable to David Clark & Co ( ‘the Agent’)
Holding Deposit: 1 week’s rent
Deposit: 5 weeks’ rent ( rent of less than £50,000 per year )
David Clark & Co is a member of and covered by the Property Mark Client Money Protection Scheme.
David Clark & Co is also a member of The Property Ombudsman Redress Scheme.
Fees and Charges from 1st June 2019 (Charges shown include VAT) for an Assured Shorthold Tenancy.
Holding Deposit - one week's rent.
Security Deposit (rent of less than £50,000 per year) - Five week's rent.
Security Deposit (rent of £50,000 or over per year) - six week's rent.
Late rent - interest charged at 3% above the Bank of England base rate when rent is more than 14 days in arrears.
Lost Key(s) or other security device(s) - cost of replacing any lost key(s) or security device(s).
Variation of Contract - £50 for any change to Tenancy documents after the commencement of Tenancy
Agency and inventory fees - £240
Fishers are members of the following schemes:
Regress Scheme – The Property Ombudsman
Client Money Protection Scheme - Propertymark
Permitted Payments:
Before the Tenancy Starts (Payable to Fishers ‘the Agent’):
Holding Deposit: 1 Week’s Rent
Deposit - 5 Weeks’ Rent
Company/Relocation Let- £200 (plus VAT)
During the Tenancy (Payable to Fishers ‘the Agent’):
Payment of up to £40.00 plus VAT if you want to change the tenancy agreement.
Payment of interest for late payment of rent at a rate of 3 % over base rate.
Payment of £15.00 plus VAT plus charge of key, fob or lock.
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy.
If you have any questions, please ask a member of staff.
Click here to see our post June 2019 tenancy fees
Tenant Fees Information
There is a £150 inclusive of VAT Application Fee per property, payable when applying for the tenancy of the property which covers referencing fees including credit checks, bank and previous landlord. There is no extra guarantor fees.
There is an administration fee of £150 inclusive of VAT for drawing up the tenancy agreement, which also includes registration of the deposit with the DPS (Deposit Protection Service) and a preparation of an Inventory.
All of our properties are subject to the first month's rent and a bond equivalent to one month's rent (£500 minimum) which is payable prior to moving in.
Should the tenant want to renew their contract after expiration of the initial contract then a fee of £60 inclusive of VAT will be payable and then on each subsequent renewal.
When making a payment by Debit Card you will be subject to a charge equal to 1% of the payment value.
When making a payment by Credit Card you will be subject to a charge equal to 2% of the payment value.
Mark Boulton & Co. are a member of the Deposit Protection Service.
Fees.
1- Referencing & Administration Fee: £150 per person. (Guarantor additional £100)
This covers the entire referencing process including employment of a specialist reference agency and Lloyds of Watford’s in-house administration.
2- Post-tenancy checkout fee: £150
A ‘one off’ fee to cover the employment of a qualified Inventory Clerk to attend the post-tenancy checkout.
3- Tenancy renewal fee: £40
To cover Lloyds of Watford’s in-house administration.
4- Tenancy alteration fee: £210
To cover the administrative cost where there is a change of tenant/s during a fixed term.
5- Tenancy early termination fee: £250
A fee that occurs when the tenants vacate before the end of their fixed term (subject to landlords consent).
Our Administration Fees are:
£150 inc vat per adult tenant (all persons living at the property aged 18 or over)
£60 inc vat per guarantor (if applicable)
£70 no vat Pet Fee (if applicable)
If fees are paid by credit card there will be a 2% charge on top of the transaction value.
For a full list of possible fees during a managed tenancy please see Services & Tenants.
With the Tenant Fee Ban now in effect below sets out the costs associated with taking a tenancy through base property specialists:
You will be required to pay 1 week's rent as a Holding Deposit to place a property 'under offer' whilst we undertake legal checks (Right to Rent, AML, etc.) and references to ensure you and legally entitled to and are able to fulfill the terms of your proposed tenancy. On the basis your tenancy goes ahead as per the originally agreed terms and all parties sign all tenancy related documentation with 14 days of paying the Holding Deposit this will form part of the costs set out below (and is not a separate/additional cost).
Security Deposit: capped at a maximum of 5 week's rent
The 1st month's rent
Other permitted payments which may apply during your tenancy are as follows:
-changes to tenancy documentation
-interest charges for late payment of rent
-payment to cover reasonable incurred charges to resolve an issue caused by a tenant (e.g. the cost to replace locks & keys if a tenant loses a set)
-payment of any unpaid rent or reasonable costs associated with the 'early termination' of a tenancy
Unless stated otherwise the rent does not include any service charges. These are all liable to the tenant(s) examples of this are as follows:
-gas & electricity
-water rates
-council tax
-internet & phone services
-TV license
Tenant protection
base property specialists is a member of the 'propertymark' Client Money Protection scheme (CMP) and is also a member of The Property Ombudsman Scheme (TPOS) which is a redress scheme and alternative dispute resolution service. You can find out more details on the agent’s website (www.baseps.co.uk) or by contacting the agent directly.
If you require any further explanation or breakdown of fees please contact our friendly staff who will be happy to assist you.
For tenancies entered into on or after 01/06/2019:
Holding Deposit: One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing). Security Deposit (per tenancy. Rent under £50,000 per year): Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy. Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid. This will not be levied until the rent is more than 14 days in arrears. Lost Key(s) or other Security Devices: Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s). Variation of Contract (Tenant’s Request): £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents. Change of Sharer (Tenant’s Request): £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents. Early Termination (Tenant’s Request): Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy. Pets: Some Landlords may request a higher monthly rent for Tenants with pets
For tenancies entered into before 31/05/2019:
Fees you will incur should you rent a property with us:
£150.00 + VAT (£180.00) - Set up fee per tenancy agreement.
£60.00 + VAT (£72.00) - Reference fee per adult over 18.*
£150.00 + VAT (£180.00) - Check-out procedure (charged at the end of a tenancy)
Fees you will incur if applicable:
£395.00 + VAT (£474.00) - Company tenant.*
£75.00 + VAT (£90.00) - Set up fee for Guarantor.
£60.00 + VAT (72.00) - Guarantor reference fee.
£100.00 + VAT (£120.00) - Tenancy extension fee.
£75.00 + VAT (£90.00) - Guarantor extension fee.
£25.00 + VAT (£30.00) - Third party referencing.
*Guarantor may be required
You will need to pay the following monies prior to the tenancy start date.
• First months rent.
• Tenancy deposit - minimum 1.5 x rent (rounded up).
• Admin/reference fees.
These monies must be cleared funds before keys will be issued. There are additional costs and charges you may incur such as breaches in your tenancy agreement or additional services you may request. Please contact your local letting branch for more details
CMP Membership No. CMP003611.
£120 plus VAT (for 1 tenant) or £150 plus VAT (for couple).
An administration fee of £80 is payable per applicant
See schedule of fees on letting services
Referencing
£425 per property for up to 2 persons, £175 per additional applicant, £125 per guarantor. £300 for company checks. This Charge is Inclusive of VAT.
Administration
Tenancy setup and associated administration £125. Checkout is a per property cost dependent on property size; Unfurnished properties up to 3 beds - £150, 4 Beds or more - £180, Furnished rentals will incur a 50% loading to this charge.
Security Deposit
Subject to Landlord agreement, this is usually 1.5 months rent with an additional half months rent (therefore two months total) if pets are to be kept at the property, this is a per property not per tenant charge. There is no VAT on a Security Deposit.
A detailed breakdown of these non-optional charges, information on how the refundable security deposit is calculated as well as information about all other charges you may incur over the duration of a let through Sterling can be found on our reference forms.
LETTING FEE INFORMATION
Permitted payments
Before the tenancy starts (payable to Hayward Fox Sway ‘the Agent’)
Holding Deposit: One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Deposit: 5 weeks’ rent
During the tenancy (payable to the Agent)
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Keys or other security device: Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract (Tenant’s Request): £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request): £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant’s Request): Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
During the tenancy (payable to the provider) if permitted and applicable
Utilities – gas, electricity, water
Communications – telephone and broadband Installation of cable/satellite
Subscription to cable/satellite supplier
Television licence
Council Tax
Other permitted payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Rental payments
Rents are payable in advance by standing order with all payments being made 72 hours prior to your rent due date to allow for clearance.
Tenant protection
MEMBERSHIPS
Deposit Scheme Protection Scheme
The Property Redress Scheme
Client Money Protect Member ID: CMP004263
You can find out more details on the agent’s website or by contacting the agent directly.
LANDLORD FEES
Tenant Find Only: To be advised on aplication
Rent Collection: 12% (inc VAT)
Fully Managed: 15% (inc VAT)
Setup For Fully Managed & Rent Collect: £594 (inc VAT)
Inventory & Checkout Costs: From £150 (inc VAT)
We believe in transparency when it comes to tenancy fees. Renting a new home can be an expensive process so you need to be aware of the costs involved.
A typical applicant (Two working adults) would incur a fee of £495 (NO VAT). This contributes to... An Assured Shorthold Tenancy Agreement (Typically sixteen pages long). This large document sets out responsibilities of the tenant and landlord that must be met during a tenancy. The tenancy deposit (Typically one month’s rent plus £100) is placed onto a deposit protection scheme. Please note, in some cases a landlord will have their own deposit scheme account but are still legally required to comply with the Housing Act of 2004. http://www.legislation.gov.uk/ukpga/2004/34/section/213Money
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AGENCY FEE
£450.00* FOR ONE ADULT APPLICANT
£495.00* FOR TWO ADULT APPLICANTS
£100.00* FOR EACH ADDITIONAL ADULT APPLICANT
£100.00* FOR A GUARANTOR (ADDITIONAL TO FEE ABOVE)
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TENANCY RENEWALS
SHOULD YOU WISH TO RENEW YOUR TENANCY AGREEMENT A FEE OF £75.00* MAYBE CHARGED. A TENANCY RENEWEL IS NOT MANDATORY. PLEASE SEE BELOW.
7.11.4 Periodic Notice Should this agreement come to an end no notice has been served by either party in writing, it is agreed that the tenant(s) and Landlord(s) accept the term of this contract on a periodic basis and a minimum of one month’s notice from the rent due date shall be provided by the tenant(s) and two month’s notice from the rent due date provided by the Landlord(s).
PLEASE BE AWARE THIS IS OUR POLICY ONLY. A MANDATORY CHARGE MAYBE PAYABLE AT OTHER LETTING AGENTS.
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CHECKOUT FEE
THE CHECKOUT FEE IS DEPENDANT ON THE SIZE AND CONTENT OF A PROPERTY.
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PENALTIES
A LATE PAYMENT CHARGE OF £75.00* MAYBE PAYABLE SHOULD RENT BE RECIEVED SEVEN DAYS OVERDUE.
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CLERICAL ASSISTANCE
FOR ANY ALTERATION TO COMPLETED PAPERWORK INCLUDING DATE CHANGES WILL INCUR A CHARGE OF £50.00*
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*TONY NEWMAN MANAGEMENT & LETTING LTD IS NOT VAT REGISTERED
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Tony Newman Management and Letting Agents are members of the Property Redress Scheme. You can contact them on 0333 321 9418 or by emailing to info@theprs.co.uk
Please check below to confirm which fees apply to you, as this will be dependant on number of tenants, size of property etc. If you are unsure please contact a member of staff for assistance.
Moving in
DepositEquivalent to 1.5 months rental
Administration /reference fee (Inclusive of tenancy cost)Single applicant£234.00 (£195.00 plus vat)
Additional applicant/s£210.00 (£175.00 plus vat)
Guarantor£210.00 (£175.00 plus vat)
Company£300.00 (£250.00 plus vat)
Holding fee (Off set against your move in balance)50% of first month’s rent
Check in
Studio£84.00 (£70.00 plus vat)
1 Bed£102.00 (£85.00 plus vat)
2 Bed£120.00 (£100.00 plus vat)
3 Bed£144.00 (£120.00 plus vat)
4 Bed£168.00 (£140.00 plus vat)
Possible fees during / After moving in
Aborted check out (if tenants fault)£180.00 (£150.00 plus vat)
Renewal of tenancy agreement£60.00 (£50.00 plus vat)
Rent arrears letters£12.00 (£10.00 plus vat per letter, max 3 per week)
Early release fee (subject to landlords approval)£420.00 (£350.00 plus vat)
Re-assignment (changeover of tenant)Tenancy and referencing cost above apply
Referencing Fee: £210.00 (£175.00 plus VAT) first Tenant £180.00 (£150.00 plus VAT) for each additional Tenant Guarantor Referencing Fee: £180.00 (£150.00 plus VAT) Company referencing Fee: £360.00 (£300.00 plus VAT) Inventory Check In Fee: £120.00 - £180.00 (£100.00 - £150.00 plus VAT) (dependent on size of property and whether it is furnished or unfurnished - please contact us for further details) Tenancy Renewal: £120.00 (£100.00 plus VAT) for each renewal of the Tenancy Agreement