Fees 2019-09-11T09:30:50+00:00

Fees

The fees listed in the Schedule of Charge’s are provided as a guide only as many vary depending on the size of the property. Please ask a member of staff for a full breakdown of fees that may be payable before, during and after a tenancy.

Fees

The fees listed in the Schedule of Charge’s are provided as a guide only as many vary depending on the size of the property. Please ask a member of staff for a full breakdown of fees that may be payable before, during and after a tenancy.

What fees can we ask a tenant to pay?

In line with the Governments Guidelines we can only request payments in connection with a tenancy as follows:

a) The Rent | This is the agreed amount of rent to be paid in line with the Tenancy Agreement.

b) A refundable tenancy deposit capped at no more than 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

c) A refundable holding deposit (to reserve a property) capped at no more than one week’s rent.

A holding deposit can only be retained where a tenant: provides false or misleading information which you can reasonably consider when deciding to let a property – this can include a tenant’s behaviour in providing false or misleading information. Fails a right to rent check. Withdraws from a property (unless a landlord or agent imposed a requirement that breached the ban or acted in such a way to the tenant or relevant person that it would be unreasonable to expect a tenant to enter into a tenancy agreement with them). Fails to take all reasonable steps to enter into a tenancy agreement and the landlord or agent takes all reasonable steps to do so (unless a landlord or agent imposes a requirement that breaches the ban or acts in such a way to the tenant or relevant person that it would be unreasonable to expect a tenant to enter into a tenancy agreement with them).

d) Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher

e) Payments associated with early termination of the tenancy, when requested by the tenant. The charge will vary depending on the remaining time left on the tenancy and will be capped at a months rent.

f) Payments in respect of utilities, communication services, TV licence and council tax

g) A default fee for late payment of rent and replacement of a lost key/security device**, where required under a tenancy agreement. Late payment of rent default fee will be applied (which is more than 14 days overdue) The fee will be no more than 3% above the Bank of England’s annual percentage rate for each day that the payment is outstanding

** 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 or 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),other security Device(s).

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