Tenant Fees & Costs – Information
The rent asked does not include certain Fees & Costs. The following charges may apply depending on the property you select and your circumstances. They include:
New Assured Short-hold Tenancy Agreements
Tenancy Deposit:
A refundable custodial Tenancy Deposit capped at no more than five weeks’ rent: £ POA
Or
NIL Tenancy Deposit Scheme, cost equal to one weeks rent: £ POA
Changes to Tenancy:
A payment to change the tenancy when requested by the Tenant and ONLY if agreed by the Landlord, capped at: £ 50.00 or reasonable written costs incurred if higher.
Early Termination Charge:
Payments associated with early termination of the tenancy, when requested by the tenant and ONLY if agreed by the Landlord, equal to the loss of rent from the void period: £ By Calculation
Late Rent Payment:
For late payment of rent, a charge equal to 3% above the Bank of England base rate in interest on the late payment of rent from the date the payment is missed until paid, will be charged: £ By Calculation
Loss of Keys & Access Fobs:
For the loss of Keys, Access Fobs or similar Security Devices, a reasonable written evidence-based cost will be charged: £ At Cost
Household Payments:
There will be contractual clauses within the Tenancy Agreement for the Tenant to be responsible and liable for the payments of all Utilities charges; Communication Services; TV Licence and Council Tax, to appropriate third-parties for the duration of the contractual Tenancy term: £ At Cost
New Company Let Tenancy Agreements
All of the above, plus:
Administration Fee:
A non-refundable administration fee is payable per new Agreement: £ 300.00
If you require any more information on the industry guidance on fees, please visit CAP website
