Tenants

Tenant Fee Information

Applying for a Property

An initial ‘Holding Fee; is payable when applying for any property. This is equivalent of 1 weeks rent and is payable when completing the online application.

This amount is deducted from the first months rent, which is payable prior to the day of move in.

There is also a deposit (of 5 weeks rent) payable.

The Holding Fee is refundable under the following circumstances:

1. The landlord withdraws the offer to apply for the property
2. No Tenancy Agreement is signed within 14 days and no consent is received from the tenant (in writing) to continue to hold this fee

The Holding Fee is non refundable under the following circumstances:

1. You no longer wish to apply for the property
2. You provide false/misleading or inconsistent information on your either of our 2 applications

Permitted Payments During Any Tenancy:

1. Rent
2. Tenancy Deposit
3. Refundable (in the above circumstances) Holding Fee
4. Payments to change the tenancy – where requested by the tenant £50
5. Payments associated with early termination of any tenancy agreement.
   Should a tenant request to terminate their tenancy earlier than their signed agreement and the landlord and letting agent are in agreement with this request, then the following applies; There is an allowable associated cost. This cost will be the equivalent amount of the outstanding rent.
   Should the tenant (once advertising has commenced) then decide to retract their request to vacate early the cost of the re letting fee is payable by the tenant. This cost is £175 (incl VAT). This is an associated cost which is has been incurred as a result of the tenant serving notice.
6. Payments associated with a request to change the tenancy agreement i.e amending the rental due date, amending names on the agreement, adding pets, the cost is £50. This request must be made in writing and must be agreed with the landlord in advance. Where the rental due date has been changed the rental amount from the original and the new agreed date plus the £50 cost must be paid on the original due date. The rental payments can then be made on the new agreed date.
7. Default fee for late payment of rent under a tenancy agreement
   The amount of the default fee is 3% over the Bank of England base rate, which is currently 0.75% (as of 04.11.21 but is subject to change).
   Therefore all late rental payments more than 14 days overdue will be charged at the current rate of 3.75% (subject to change, in accordance with the Bank of England)
8. Payments for utilities, communication services, TV licence and Council Tax.
9. Additional Pet Information
   For any interested party wishing to apply for this property there is an additional £50 per month rent payable for each pet. Subject to agreement with the landlord.
   This additional rent would then be reflected in the 5 weeks deposit required.
   
   The tenant is fully liable for the cost of damage caused by them or misuse