Tenant Fees (From 1st September 2019)

Payable by all applicants:

A Refundable holding deposit

This can be retained if the tenant provides false or misleading information to the letting agent/landlord, which the letting agent/landlord is reasonably entitled to consider in deciding whether to grant the tenancy because this materially affects their suitability to rent the property

If the tenant notifies the letting agent/landlord before the Deadline for Agreement that they have decided not to enter into the tenancy agreement

If the tenant fails to take all reasonable steps to enter into a tenancy agreement

£ Equivalent to 1 weeks rent
The calculation for 1 weeks rent is: 1 month ÷ by 4.35.

Special circumstances:

Pet Deposit

£100 Per Pet (No VAT)

Bond
(To cover the added risk of property damage. This will be protected with your security deposit in a government-authorised scheme and may be returned at the end of the tenancy)

Equivalent to 1 months’ rent (No VAT)

Charges during Tenancy:

Release fee for ending your tenancy early (if agreed)
(Attending the property to carry out a check out and return of the deposit and administration/ compensation costs towards Landlord fees, rent will still need to be paid up to the date of a new tenant moving in.)

£360

Wasted contractor visit

£30