Tenant Fees

Tenant Fee’s for New Assured Shorthold Tenancies (ASTs)

  • Holding Deposit (Per Tenancy) One Week's Rent.

    This is to reserve a property and repaid upon occupation. 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).

    N/A
  • Security Deposit (Per Tenancy for Rent under £50,000 per year)

    Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.

    N/A
  • 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.

    N/A
  • 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).

    N/A
  • Variation of Contract (Tenant's Request)

    To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

    £50 inc VAT per agreed variation
  • 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 (see Landlords Fee’s) 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.

    N/A
  • Change of Sharer/Tenant (Tenant's Request)

    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.

    £50 inc VAT per replacement tenant or any reasonable costs incurred if higher.