Rental fee information

Tenants

First Months’ Rent

In Advance

Deposit

The equivalent of 5 weeks rent

Holding Deposit

One weeks rent maximum

Early Termination Requested by the Tenant

£30 inc. VAT and 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

Changes to Tenancy Documents After Commencement (at the tenant’s request):

£60 (including VAT)

Landlords

Fully Managed Service

Set-up Fee: £384 (including VAT).
Management Fee: 12% (including VAT).

Tenant Finding Service

Fee: £504 (including VAT).

Renewal of Contract to Existing Tenant

Fully Managed Properties: £96 (including VAT).
Let Only Properties: £120 (including VAT).

Deposit Handling Fee (Let Only)

Fee: £42 (including VAT).

Empty Property Weekly Spot Check

Fee: £30 (including VAT).
Includes maintaining a visitor log with recorded times and dates.

Service of Notice to Tenant

Fully Managed Properties: £60 (including VAT).
Let Only Properties: £84 (including VAT).

Additional Services

Energy Performance Certificate (EPC): £114 (including VAT).
Landlord’s Gas Safety Certificate: £75 (including VAT).
Landlord’s Gas Safety Certificate with Boiler Service: £160 (including VAT).
NICEIC Electric Test: £150 (including VAT).

Optional Extras (Quotes Available Upon Request)

Rent Guarantee and Legal Cover (for Managed Properties only).
Inventory/Schedule of Condition