Tenant Fees
Refundable Holding deposit
Capped at 1 weeks rent - Non-Refundable if at a later stage applicant withdraws for any other reason than it is unfit for human habitation. Or provides fraudulent documentation.
Security Deposit
Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
Rent - The agreed monthly rent
Changes to tenancy - Capped at £50 inc VAT
Early termination charge - Not exceeding the landlord’s financial losses
Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keys - Reasonable costs for key cutting, alternatively the tenants can make key cuts themselves.
Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract
Landlord Fees
Short Let only Service – 10% + VAT Commission
Short Let Management Service – 12% + VAT Commission
Let only Service – 8% + VAT Commission
Full Management Service – 10% + VAT Commission
Rent Guaranteed Scheme – Fixed rent payable per calendar month, 0% Commission
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