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Tenant-fees

  • Tenancy Administration Fee: £225 (£270 inc VAT):
    Contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
  • Reference Fee: £65 (£78 inc VAT) per person / £130 (£156 inc VAT) per company:
    Processing the application and referencing
  • Permitted Occupant Check Fee: £20 (24 inc VAT) per occupant over 18 (We must check every occupant over 18 has the legal right to rent in the UK)
  • Guarantor Fee: £65 (£78 inc VAT) per guarantor:
    Covering referencing and preparing the Tenancy Agreement.
  • Deposit: Equivalent to six weeks rent (unless otherwise agreed):
    This will be protected in the Deposit protection Scheme and may be returned at the end of the tenancy.
  • Deposit Protection Fee: £40 (£48 inc VAT):
    For registration and updating of your deposit with the Deposit Protection Scheme (ASTs only)
  • Stamp Duty Land Tax:
    This tax is payable on tenancies where the rent exceeds £125,000. Please contact HMRC for further information.

DURING YOUR TENANCY:

  • Amendment Fee: £225 (£270 inc VAT):
    Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.
  • Renewal Tenancy: £70 (£84 inc VAT):
    Preparation of document that confirms the details of renewal where the basic terms, other than any rental increase, remain largely unchanged.

ENDING YOUR TENANCY

  • Check Out Fee: £70 - £115 (£84 - £138 inc VAT):
    Inventory companies charge dependant on size and content of property the cost of the Check Out will be passed directly to the tenant from the Inventory Company used.

OTHER FEES & CHARGES:

  • Unpaid Rent / Returned Payments:
    Interest at 4% above Bank of England Base Rate from date due
  • Arrears Letter Charge:
    £20 (£24 inc VAT) per letter sent