Under the terms of the Tenant Fee Act if you enter into an

ASSURED SHORTHOLD TENANCY, payments which may apply will be as follows:

First month’s rent

in advance

Tenancy Deposit

5 or 6 weeks depending upon the rental amount

Holding Deposit

maximum one week’s rent

Early termination when requested by the tenant

a charge not exceeding the financial loss experienced by the landlord

Default charge for late payment of rent

limited to interest charged at 3% above Bank of England base rate, when rent is more than 14 days late

Default charge for replacement of lost key or security device

equivalent to cost incurred

Changing the tenancy documents after the commencement of the tenancy

£50

A Non Housing Act Tenancy is formed when one of the following criteria is in place:

The annual rent exceeds £100,000

The property is occupied by an entity (Company let) rather that an individual

 The property is not used as a main or primary home

There is a Resident Landlord

If you are in any doubt as to the type of tenancy which will apply to you, please speak to member of our staff.

Under the terms of the Tenant Fee Act if you enter into a

NON HOUSING ACT TENANCY, payments which may apply will be as follows:

  Cost

Check-in Fee checking into the property and reviewing inventory

minimum of £72

Tenancy Agreement and Setup drafting and execution of document if supplied by us

£300

Administration Fee set up of monthly standing order for rental payments, collecting and holding the Security Deposit as Stakeholder, issuing protection certificates

                          £50

Company Referencing Fee verification of details, credit check and Companies House check

£175

Individual Reference Fee (per person)

£75

Extension Agreements Fee negotiating and drafting extension to the fixed term

£125

Damage Fee checking replacement item with inventory and arranging for damage to be rectified on conclusion of tenancy

£90

Arrears Fee

£30

Pet Licence

£75

If there are any guarantors for the tenancy:

Guarantor Referencing Fee inc verification of details, credit check, employer and accountant reference (if available)

£100 per guarantor

Deed of Guarantee Fee drafting Deed, negotiating clauses and executing document

£75