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Residential Tenant Fees

Pre-tenancy Charges:

 Tenancy Agreement

& Admin Fee

Negotiation and agreement of tenancy terms, processing the application, preparation of the Tenancy Agreement and associated documents. £240.00 (inc VAT) per tenancy
Reference/Credit Checks Fee per tenant and per guarantor if applicable. Includes financial credit checks and referencing. £60.00 (inc VAT)

 

Inventory/Schedule Of Condition Prepared by independent inventory company. The Landlord pays for the preparation of the inventory and check in . The Tenant pays for the check out. Dependent on  the size of the property.
Pet Deposit Subject to Landlords consent an additional deposit will be taken to cover the risk of property damage. This will be protected with your deposit and may be returned at the end of the tenancy term. Dependent upon animal.

 

Other Charges:

Bank Related Charges CHAPS payment fee (if specifically requested by Tenant)

 

£30.00 (inc VAT)

 

Refunding rents paid in error including failure to cancel standing order.

 

£30.00 (inc VAT)

 

Bounced cheque or recalled standing order

 

£30.00 (inc VAT)
Interest on late payments of rent charged at 4% above the Bank of England base rate from the rent due date or as per terms of Tenancy Agreement.

 

 
Charges during your Tenancy Tenancy Renewal and/or Tenancy Amendment fee – Negotiating new terms, amending and updating records and associated documents. £60.00 (inc VAT)

 

Assignment fees – To remove or add tenants (subject to referencing, Right to Rent and Landlord consent). Fee per Tenant.

 

£200.00 (inc VAT)

 

Missed appointments – charge for property visits or contractor call outs not cancelled prior to the day of the appointment.

 

£50.00 (inc VAT)

 

Early Termination Charges – 10% of the rent for the remainder of the Tenancy term plus liability for the rent and all utilities (inc standing charges, environmental charges and council tax etc) until the new Tenancy starts, plus a proportion of the Landlord’s re-letting charges.

Note: Early Termination is subject to Landlord consent.

 

10% (inc VAT)

 

Replacement keys – lost during or at the end of Tenancy. *Minimum charge per key.

 

*£20.00 (inc VAT)
Other Fees & Charges Revisit by Inventory clerk following missed appointment or to check works complete.

 

£100.00 (inc VAT)

 

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