Tenant Fees and Charges

(All fees are subject to VAT)

New Assured Shorthold Tenancies - Signed on or after 1st June 2019 

Holding deposit

1 week’s rent

Security deposit 

5 week’s rent

6 week’s rent - rent of £50,000 or over per annum 

Unpaid rent

3% above Bank of England base rate from Rent Due Date after 14 days in arrears.

Lost Keys

Cost of replacement key or other security device/lock replacement/locksmith. £15/hour (inc. VAT) for extra costs incurred in time taken to replace keys.

Variation of contract

£50 (inc. VAT) per variation

Change of sharer

£50 (inc. VAT) per replacement tenant

Early termination

Landlords costs in re-letting the property as well as rent due until the start date of replacement tenancy. Costs to be no more than the maximum amount of rent outstanding on the tenancy