TENANT AND COMPANY LET CHARGES FOR NEW TENANCIES FROM 1ST JUNE 2019
We have been established since 1990. We are full members of the National Federation of Property Professionals Client Money Protection Scheme through our membership of ARLA Propertymark (The Association of Residential Letting Agents, Propertymark Scheme Ref: C0006484), Safe Agent and The Property Ombudsman being the largest lettings redress scheme in the UK, making Lenwell a name you can trust. Lenwell are one of the few agents in the UK to hold the ISO9001:2015 accreditation with the British Standards Institute meaning you can be assured that the processes and procedures we work to are robust and independently checked.
Choose your agent with care, only considering those displaying these trusted accreditations which provide the assurance that you will receive both a high standard of service and the peace of mind that comes with the knowledge your money is protected and your agent abides by a strict code of conduct. We are required by law to disclose all charges and the information given below is provided to ensure you are fully informed of any fees and costs involved in renting a property through Lenwell. The fees cover work that will vary according to the circumstances of the tenancy and will include, amongst other things conducting viewings, providing expert local knowledge of the area, including schools and transport links, negotiating the tenancy, verifying and checking references, drawing up and negotiating the terms of the Tenancy Agreement.
If you have any questions please call. We look forward to helping you find your next property.
View our fees here for Tenants:
BEFORE YOU MOVE IN per tenancy:
Holding Deposit (per tenancy) One weeks rent
This amount will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right- to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit Five weeks rent
This covers damages or defaults on the part of the tenant during the tenancy.
DURING YOUR TENANCY:
Amendment Fee £50
Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.
Renewal Fee (tenants share) Nil
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement.
Late Payment of Rent 3%
Interest at 3% above Bank of England base rate for any amount outstanding for more than 14days. Lost
Security Items (Eg Keys) £50
Plus cost of lost item or repairs required (ie invoice from locksmith)
ENDING YOUR TENANCY:
Early Termination (Tenants request)
Should the tenant wish to leave their contract early, they shall be liable for the landlords costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maxi mum amount of rent outstanding on the tenancy.
Change of Sharer (Tenants request) £50per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlords instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
View our fees here for Company Lets:
At Lenwell we are happy to help source suitable property for your Company to Let. Please contact your local Branch to discuss options with the experienced Lettings Staff. Charges apply