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Fees

Fees applying to all new tenancies from 1st June 2019

We may charge a tenant any or all of the following when required:

  1. the rent;
  2. a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year;
  3. a holding deposit of no more than one weeks’ rent;
  4. default fee for late payment of rent (after 14 days);
  5. reasonable charges for lost keys or security fobs;
  6. payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant;
  7. payments associated with early termination of the tenancy, when requested by the tenant; and
  8. payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges.

Fees applying to all pre-existing tenancies entered before 1st June 2019

We shall continue to apply the charges within the existing tenancy agreement until 31st May 2020.

What is this charge for?   Application and reference processing fee
How is it calculated?   Per person including guarantor if required
How much is the charge?   £60.00 including VAT
What is this charge for?   Legal Tenancy Agreement fee
How is it calculated?   Per tenancy (only one payment per tenancy regardless of how many
tenants or guarantors)
How much is the charge?   £48.00 including VAT

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