Tenancy Information Fees for a standard Assured Shorthold Tenancy (AST):
Holding Deposit - Equivalent to a maximum of 1 week's rent.
Rent - Equivalent to a minimum of 1 month's rent.
Dilapidation Deposit - Equivalent to a maximum of 5 weeks' rent for tenancies with an annual rent under £50,000 or 6 weeks' rent for those £50,000 per year and over.
Permitted payments during an AST:
Rent - Regular payments of rent as specified within the tenancy agreement.
Changes to the Tenancy - £50 inc VAT, or reasonable costs incurred if higher.
Surrender of a tenancy - The related charges and losses incurred by the landlord to end the tenancy early and re-market the property, source and reference suitable tenants and progress an application through to a successful start of a new tenancy.
Payments of utilities, communication services, TV licence and council tax.
Late Payments of Rent - A default fee of 3% above the Bank of England base rate of the agreed monthly rent after 14 days in arrears.
Lost keys and/or security devices - All associated costs of the relevant contractor concerned.
Company Let (Non Housing Act Tenancy) Administration
Non-refundable holding deposit - £750 from which the administration and reference fees are taken
Fee - £360 inc VAT
Reference Fee - £120 inc VAT plus £120 inc VAT for a guarantor
Rent - Equivalent to a minimum of 1 months rent.
Dilapidation Deposit - Equivalent to 6 weeks rent.
Renewal fee - £180 inc VAT
Check Out Inspection: 1 bedroom property- £90 inc VAT 2 bedroom flat - £100 inc VAT 2 bedroom house - £120 inc VAT 3 bedroom property - £140 inc VAT 4 bedroom property - £170 inc VAT 5 bedroom property and over - £200 inc VAT (Furnished properties incur a surcharge of 15%)
Pet deed - £60 inc VAT plus additional deposit of £300 (up to 2 bedrooms), £600 (3 bedrooms) or £800 (4 bedrooms plus)
During a tenancy: Abortive Property Visit - £60 inc VAT
Changes to the Tenancy - £120 inc VAT
Early Surrender of Tenancy - the related charges and losses incurred by the landlord to re-market the property, source and reference suitable tenants and progress an application through to a successful start of a new tenancy.
Dishonoured Payments - £36 inc VAT.
Late Payments of Rent - £24 inc VAT per written reminder.
Possession Costs - Any legal fees associated with obtaining vacant possession of the rental property. Copies of previously supplied documents - £30 inc VAT per document
Client Money Protection: Propertymark (formally known as ARLA) - www.propertymark.co.uk
Redress scheme: The Property Ombudsman - www.tpos.co.uk