Fees

Tenant 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 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, 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)
Replacement of a lost key or security device (actual cost of replacement)
Payments to service providers in respect of utilities, communication services, TV licence and council tax
Other payments, permitted under appropriate legislation, including damages.
The holding deposit will not be refundable if any relevant person withdraw from the tenancy whilst the reference checks are being conducted, fail referencing checks, provide materially significant false or misleading information, fail to provide requested references within 7 working days or fail to sign their tenancy agreement.

Landlord Fees

Letting Service - 14.4%

Comprehensive marketing
Finding a Tenant
Obtaining references
Drawing up Tenancy Agreement
Transfer of utilities
Collection of rent

Renewals: 14.4%

Continuation Period After Renewals: 14.4%

Comprehensive Management & Lettings Service: 16.8%

Administering / holding deposit in line with current legislation
Key holding service
Arranging payment of outgoings
Arranging all repairs and maintenance with registered contractors
Twice yearly management inspections
Managing the check-out process
Arrears management
Advising on all deposit deductions

Renewals: 16.8%

Continuation Period After Renewals: 16.8%

Other Fees

Inventory In/Out Reports Inventory prices are calculated based on the size of the property	£90 to £222
Deposit Protection/Registration	£30
Help with deposit disputes	£360
Gas Safety Certificate	£75
Energy performance certificate	£120
Section 21 Notice	£120
Court Apperance	£420
Works Over £1000 (Major works Co-ordination)	12%
Reference/Credit check (Per person)	£23.40