Fees for Assured Shorthold Tenancies (AST) / Housing Act Tenancies
Holding Deposit | Equivalent to one weeks rent, which will be put towards your first rent due on completion of the tenancy |
Amendments to the tenancy agreement after signature | Up to £50, or reasonable costs if this exceeds £50. |
Rent Deposit for annual rent of less than £50,000 | Equivalent to five weeks rent |
Rent Deposit for annual rent of more than £50,000 | Equivalent to six weeks rent |
Early Termination | All costs, fees and charges incurred by the landlord for allowing early termination including the agent’s existing or re-letting fees. |
Stamp Duty Land Tax | Payable on tenancies where the rent exceeds £125,000 |
Late or unpaid rent | 3% above the base rate of the Bank of England |
Lost Keys | Any cost incurred for the replacement of keys or fobs. |
Fees for Non-Housing Act Tenancies / Common Law Tenancies
Pre Tenancy Application Charge (PTAC) | Equivalent to one weeks rent, which will be put towards your first rent due on completion of the tenancy |
Tenancy Agreement | £300 per tenancy |
Deed of guarantee | £120 per deed |
Company reference checks | £120 per reference |
Rent Deposit | Equivalent to six weeks rent or eight weeks if you have a pet |
Change of Sharer | £360 per initial tenant, £70 per additional tenant |
Cancelling a let before moving in | £300 per person, company tenancy £600 |
Early Termination | All costs, fees and charges incurred by the landlord for allowing early termination including the agent’s existing or re-letting fees. |
Stamp Duty Land Tax | Payable on tenancies where the rent exceeds £125,000 |
Late or unpaid rent | 3% above the base rate of the Bank of England |
Lost Keys | Any cost incurred for the replacement of keys or fobs. |
Making an international payment | £30 |
Renewal negotiation | £180 for each renewal, £45 for additional referencing |
As a tenant, your main responsibility is to pay the rent until the end of the contract. We understand that sometimes circumstances can change unexpectedly so, should you need to break your tenancy early and your landlord agrees to re-market the property, your liability for the payment of rent and terms of the contract will end once a new tenant is found. However, you will still need to cover the landlord’s costs and fees for the remainder of the original contract, calculated on a pro-rata basis for the unexpired term of the tenancy.
All fees and charges shown are inclusive of VAT.