Permitted Tenant Fees & Charges:
The Rent is due as per the assured shorthold tenancy agreement. If the property is managed by Baker and Chase, the rent will be payable to us. Funds will then be sent to the landlord.
Upon entering into a contract with the landlord the tenant must pay a refundable tenancy deposit which is payable to Baker and Chase. This deposit will be protected in a government backed scheme, details of which will be forwarded to you before the commencement of the tenancy.
Tenancy Amendment Charges
Should the tenant require for any of the terms of the tenancy to be amended during the period of the agreement then this change is subject to mutual agreement from all parties and a charge of £60.00 Inc VAT which is payable to Baker and Chase.
Early Termination Charges
If the tenant would like to end the tenancy before the end of the term and this is agreed between all parties, then the tenant is liable to cover costs lost by Baker & Chase. We are required to refund the Landlord fees for the period that the tenancy did not take place but where landlord had been charged. As this fee differs in most cases, we cannot give a figure, but this will be advised to you before you proceed with the termination of tenancy.
Utility, TV License, Council Tax Charges
It is the tenants responsibility to ensure all utilities, TV Licenses and Council Tax are registered in your name for the duration of the tenancy and that they are paid in full and on time. Should it have been agreed prior to the commencement of the tenancy that any of the above charges are included in the rent or to be paid directly by the landlord, any additional payments you need to make are payable to Baker & Chase along with your monthly rent.
Late Rent Payment Fee
As per the tenancy agreement the tenant will agree to pay £35.00 if the tenant is in arrears of any rent for more than 7 days. The charge will further be incurred and payable every 14 days for the period that any rent is overdue, for the purposes to cover administration charges for chasing the late payment(s). The tenant will also agree to pay interest on any payment of Rent not made as set out in the main terms of the Tenancy Agreement from the date on which the rent was due until the date on which the rent is paid. The interest rate will be calculated at a daily rate of 3% above the Bank of England Base Rate.
Replacement of Key or Security Device Charge
Should the tenant find that their keys or security devices are lost or stolen during the term of the agreement they are welcome to arrange a replacement, providing agent/landlord are provided with a copy. Should the tenant require Baker and Chase to arrange the replacement of key/security devices then the full costs incurred will be passed on to the tenant. The cost will be confirmed with the tenant before any works proceed unless in the case of an emergency.
Client Money Protection (CMP)
Baker and Chase are members of the Client Money Protection Scheme, membership number: CMP002707
Baker and Chase are a member of The Property Ombusman Scheme, membership number: T00818