TENANT FEES
Tenancy Administration Fee: £225 (£270 inc VAT):
Contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
Reference Fee: £70 (£84 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