Tenant Fees

SUMMARY OF FEE’S PAYABLE BY TENANTS

Tenant Fees and Charges

Please be aware that your tenancy may be subject to the following fees. All charges include VAT at the current rate of 20%, but these amounts may change if the VAT rate increases.

For All Tenancies:

  • Advance Rent: Less the holding deposit paid.
  • Security Deposit: Equivalent to 5 weeks’ rent.
  • Changes or Amendments to Terms During Tenancy requested by the tenant: £50.
  • Late Rent Payments: Charged once rent is 14 days overdue, at a rate of 3% above the Bank of England base rate, starting from the first day of arrears.*.
  • Lost Keys or Security Devices: Charged at the actual cost of replacement.
  • Early Release: If you request to end the tenancy earlier than the end date specified in the tenancy agreement (or in accordance with any break clause), your landlord is not obligated to agree to this request. However, if the landlord does agree, they may require you to reimburse them for any financial losses incurred as a result. This could include, but is not limited to, the equivalent of the letting fee already paid by your landlord to us, calculated on a daily rate from the date you wish to end the tenancy until the date you are contractually able to do so.

* This amount is paid once your offer for a property is accepted. It will be deducted from the total balance due at move-in, so you are not paying it twice. Please be aware that this deposit may be forfeited if you later withdraw your offer, if the tenancy does not proceed due to providing misleading or incorrect information, or if your credit references fail.

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