Application & Tenancy Applicable Fees

Preliminary Monies: Equivalent to one weeks’ rent.

Advance Rent: The first months’ rent is due prior to the commencement of your tenancy, subject to the terms of your tenancy.

Tenancy Deposit: This is the equivalent of 5 weeks’ rent (if the annual rent is less than £50,000) or 6 weeks’ rent (if the annual rent is £50,000 or more), payable prior to the commencement of your tenancy.

Late rental payment: Interest on late payment of rent will be charged at a rate of 3% per annum over The Bank of England’s base lending rate. This will not be levied until the rent is more than 14 days late.

Lost keys or other security devices: In the event that any keys or other security devices are lost and need to be replaced, you will be required to pay the costs of replacing them. If the loss results in locks needing to be changed, you will be required to pay the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys. If extra costs are incurred there will be a charge of £15.00 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Changes to the parties of the tenancy agreement at the tenant’s request (Tenancy Swap): In the event that you wish to make changes to the parties of the tenancy agreement, a new tenancy agreement will be required. A tenancy swap fee of £50.00 (inc. VAT) plus any reasonable costs incurred if higher, will be payable by the tenant. Please note that Tenancy Swaps are subject to the landlords consent and reference approval.

Variation of Contract at the tenant’s request: £50.00 (inc. VAT) will be payable by the tenant. Please note that a variation of contract is subject to the landlords consent.

Early Termination of Contract at the tenant’s request: In the event that you wish to leave your contract early, you will be required to pay the landlord’s costs in re-letting the property as well as all rent, council tax and utilities due under the tenancy until the start date of the replacement tenancy.

Preliminary Monies: Once an offer has been accepted by the landlord, preliminary monies equivalent to one weeks’ rent is payable which if you successfully enter into a tenancy agreement will be credited towards your Advance Rent.

New tenancy agreement fee: £200.00 (inc. VAT) payable by the tenant. This is payable after your offer has been accepted and we have proceeded to draw up a tenancy agreement.

Reference fee for each Tenant: £50.00 (inc. VAT). This is payable when you have agreed to undergo the independent referencing process. References are carried out by an independent Third Party and include a credit check.

Right to rent check only: £50.00 (inc. VAT). per tenant or permitted occupier.

Advance Rent: The first months’ rent is due prior to the commencement of your tenancy, subject to the terms of your tenancy.

Tenancy Deposit: This is usually the equivalent of 6 weeks’ rent, payable prior to the commencement of your tenancy.

Inventory charges: In most lets, the tenant will be responsible for paying the inventory check in costs prior to the commencement of a tenancy. The cost is approximately £108.00- £295.00 depending on the size of the property.

Tenancy renewal agreement fee: £120.00 (inc. VAT) payable by the tenant.

Late rental payment or unpaid cheques: £30.00 (inc. VAT) will be payable by the tenant in respect of late rental payments or cheques that are returned unpaid. Interest on late payment of rent will also be charged in accordance with the terms as stated in the tenancy agreement, usually at a rate of 3% per annum over The Bank of England’s base lending rate.

Changes to the parties of the tenancy agreement at the tenants request (Tenancy Swap): In the event that you wish to make changes to the parties of the tenancy agreement, a new tenancy agreement will be required. A tenancy swap fee of £50.00 (inc. VAT) will be payable by the tenant, together with a reference fee of £50.00 (inc. VAT) per tenant and / or Guarantor. Please note that Tenancy Swaps are subject to the landlord’s consent and reference approval.

Variation of Contract at the tenant’s request: £60.00 (inc. VAT).

Cancellation charge where contractor appointments are cancelled with less than 24 hours prior notice: £72.00 (inc VAT).