TENANCY INFORMATION
Holding Deposit
(please wait for us to contact you before paying any money)
You will need to pay the equivalent of one week’s rent to reserve the property. This will be held by us for a period of 15 days unless we agree otherwise.
At the end of the 15 day period (or longer if we both agree) the deposit will be refunded to you or be offset against your rent unless any of the proposed tenants or guarantors:
withdraw from the tenancy,
fail a Right-to-Rent check,
provide false or misleading information, or
fail to enter into a tenancy by the deadline for agreement despite all reasonable steps taken by us
Schedule of Fees for Assured Shorthold Tenancies
These are the fees which we are entitled to charge you under the Tenant Fees Act 2019 and applies to all assured shorthold tenancies signed after 1st June 2019.
Maximum deposit amount per tenancy
Where the rent is less than £50,000 per annum – five weeks rent
Where the rent is £50,000 per annum or more – six weeks rent
Unpaid rent
If rent is unpaid for more than 14 days, interest will be payable at 3% per annum above the Bank of England base rate, until the rent is paid.
Lost keys or security devices
You will be liable for the actual cost of replacing any keys or other security devices, or, if the locks need to be changed you will be responsible for the actual locksmith’s costs together with the costs of the new lock and replacement keys. If extra costs are incurred there will be a charge of £15 per hour (including VAT) for the time taken replacing lost keys or other security devices.
Tenancy variation
If you request any variation to the terms of the tenancy agreement after it has been signed, we are entitled to make a charge of £50 (inclusive of VAT) per agreed variation.
Change of tenant
If you request a change to the named tenants in your tenancy agreement then, if we agree to this, we shall be entitled to charge a fee of £50 (inclusive of VAT) or our reasonable expenses incurred in doing this if these are higher than £50.
(Reasonable expenses would include the cost of taking the landlord’s instructions, referencing the new tenant, carrying out a Right-to-Rent check, dealing with deposit registration, creating a new inventory and the preparation and signature of new legal documents).
Ending the tenancy early
If you want to end your tenancy before the end of the fixed term, then you will be responsible for the landlord’s reasonable costs of reletting the property as well as all rent due under the tenancy until the start of any new replacement tenancy. However, our costs and rent combined cannot be more than the total of the remaining rent due under the tenancy.
Company Let Fees
Application & reference – £174
Tenancy agreement – £160
(fees include VAT)
Payment Types
Online bank transfers
All fees, rents and deposits can be paid by transfer
Cheque payments
We can only accept bank drafts, not personal or company cheques
Cash payments
Payments by cash are subject to a fee of 1% of cash value