SCALE OF TENANTS FEES BEFORE YOU MOVE IN:
Holding Deposit (Per Tenancy) Equivalent of one weeks rent
This is to reserve a property. The Holding Deposit 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 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).
Company Application Fee £394.00 (£330.00 + VAT)
Referencing (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous landlords, as well as contract negotiation (amending and agreeing terms), drawing the Tenancy Agreement up and Schedule of Condition/Inventory if compiled.
Additional Land/Grazing Agreement £90.00 (£75 + VAT)
Where an additional agreement is required that is outside the scope of a standard Tenancy Agreement.
DURING YOUR TENANCY:
Addendum/Variation Of The Tenancy Agreement (Tenant’s Request) £50.00 (£41.67 + VAT)
per agreed variation
Rent Late Payment Fee 3% above Bank of England base rate
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Replacement of Lost Keys/Electronic Keys Or Other Security Device Reasonable cost of replacing the key or security device.
ENDING YOUR TENANCY:
Early Termination (Tenant’s Request) Landlords re-letting costs as well as the rent
due until the start of the replacement tenancy.
For full details of all permitted Tenant Fees payable when renting a property through Stags please refer to the Scale of Tenant Fees available on Stags website, office or on request. For further clarification before arranging a viewing please contact the lettings office dealing with the property.
Stags is a member of the RICS Client Money Protection Scheme and also a member of The Property Redress Scheme. In addition, Stags is a member of ARLA Propertymark, RICS and Tenancy Deposit Scheme.
