SUMMARY OF ALL FEES, PAYMENTS AND DEPOSIT BREAKDOWN

This section sets out the fees, payments and deposit arrangements that may apply when renting a property through us. Different rules apply depending on whether the Tenancy is granted to an individual Tenant or to a Company.

Please read the relevant section carefully before making an application. If you are unsure which section applies to you, please speak to a member of our team before proceeding.

Individual Tenancies

The following fees apply only where the Tenancy is granted to an individual Tenant as an Assured Periodic Tenancy

Tenant applications - No fee

Guarantor charge, if applicable - No fee

Home Office Visa Check, if applicable - No fee

Holding Deposit, to reserve the Tenancy subject to referencing - 1 week’s rent

Tenancy Deposit - up to 5 weeks’ rent

Payments in the event of default

Lost keys and/or security devices - The Tenant will be liable to cover the reasonable cost of replacement of these items

Late payment of rent - Where rent is at least 14 days overdue, the Tenant will be liable to pay interest on the outstanding rent at a rate of 3% above the Bank of England base rate

Other Fees

Variation of Contract, change within the current contract - £50 including VAT, or reasonable costs incurred if higher

Assignment of Contract, change of Tenant within the current contract - £50 including VAT, or reasonable costs incurred if higher

Novation of Contract, provision of a new contract - £50 including VAT, or reasonable costs incurred if higher

Surrender of Tenancy - A Tenant will be required to make a payment for an early termination/surrender of the Tenancy Agreement at the Tenant’s request. The payment cannot exceed the loss suffered by the Landlord or the reasonable costs incurred by us as the Letting Agent

Pets - No additional rent, fee, deposit, insurance requirement or charge will be payable by the Tenant as a condition of obtaining consent to keep a pet. The Tenant remains responsible for any damage, nuisance, infestation, cleaning or other reasonable loss caused by any pet kept at the property, subject to the terms of the Tenancy Agreement, any applicable tenancy deposit rules and any statutory restrictions

Corporate Tenancies

The following fees apply only where the Tenancy is granted to a Company and is not an Assured Periodic Tenancy.

Company applications - £540 per Tenancy

Holding Deposit - determined on application

Tenancy Deposit - determined on application

Payments in the event of default - determined at the time of the default

All fees are inclusive of VAT