Tenant Fees
Amount: One week’s rent This payment reserves the property while referencing and agreement preparations are carried out. Please note: The holding deposit may be retained if any relevant party (including guarantors):
- Withdraws from the tenancy
- Fails a Right to Rent check
- Provides false or misleading information
- Fails to sign the tenancy agreement (and/or guarantor agreement) within 15 calendar days, or another deadline agreed in writing
Rent under £50,000 per year: Five weeks’ rent
Rent £50,000 or above per year: Six weeks’ rent
This deposit is held to cover any damage or breaches of the tenancy agreement by the tenant.
Interest will be charged at 2.5% above the Bank of England base rate from the rent due date until full payment is received.
Note: Interest is only applied when rent is more than 14 days in arrears.
Tenants are responsible for the actual cost of replacing any lost key(s) or security device(s). Costs will vary depending on key or device required. If lock replacement is required, costs will include:
- A locksmith
- A new lock
- Replacement keys for all relevant parties (tenant, landlord, managing agent etc.)
If additional time is needed to resolve the issue, a charge of £15 per hour (including VAT) may apply.
Fee: £50 (including VAT) per agreed variation Covers the cost of obtaining landlord consent and preparing updated legal documents.
Fee: £50 (including VAT) per letter
This covers the preparation of written confirmation or supporting letters required for Universal Credit or Housing Benefit claims, tailored to your individual tenancy circumstances.
If you wish to end your tenancy early, you will be liable for:
- The landlord’s reasonable costs of re-letting the property - £450.00 (including VAT)
- Rent due until a replacement tenancy begins
Note: These costs will not exceed the total remaining rent due under the agreement.
