Tenant Fees

Tenant Fees

Referencing Fees

£0

Holding deposit to secure a property

Equivalent to 1 weeks’ rent

Security deposit prior to moving in

A maximum of 5 weeks’ rent

Changes to an existing tenancy agreement

£50 inc VAT

(higher fees may be charged in the unlikely event that reasonable expenses are incurred)

The only payments we charge in connection with a tenancy are:

a) the rent

b) a refundable tenancy deposit capped at no more than five weeks’ rent where the annual rent is less than £50,000, or six weeks’ rent where the total annual rent is £50,000 or above

c) a refundable holding deposit (to reserve a property) capped at no more than one week’s rent. The holding deposit does not need to be protected in a tenancy deposit protection scheme. However, we will take steps to ensure that the money is held safely and can be refunded to the tenant when necessary

d) payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher. These include:

  • pets to be kept in the property
  • a change of sharer in a joint tenancy
  • permission to sub-let
  • a business to be run from the property
  • or any other amendment which alters the obligations of the agreement

e) payments associated with early termination of the tenancy, when requested by the tenant

f) payments in respect of utilities, communication services, TV licence and council tax; and

g) A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement