Deposit
Deposit for a long let tenancy
Equivalent to five weeks’ rent
Deposit for a short let tenancy
£700 or equivalent to one weeks’ rent (whichever is greater)
Other fees
Contract variation, novation, amendment or change of occupant at the tenant’s request within an existing tenancy
£50
Default fee of interest on late rent if rent is more than 14 days overdue
3% above Bank of England base rate
Default fee for lost keys or other respective security devices
Actual cost of replacement
Fees for non-Assured Shorthold Tenancies / non-Licences
Tenant fee
£250 per person
This is fixed-cost fee that can cover a variety of works depending on the individual circumstances of each tenancy, including but not limited to conducting viewings, negotiating the tenancy, verifying references, undertaking Right to Rent checks (if applicable) and drawing up contracts. It is charged on a per individual basis – not per tenancy. The charge will not exceed £250 inc VAT per individual and will only be applied to the first four individuals entering into the tenancy where there are more than four individuals taking occupation of the property. The charge will not exceed this sum unless you request or cause one of the specific additional services or fees set out elsewhere in this document.
All fees unless otherwise stated are inclusive of VAT