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Tenant fees for Assured Shorthold Tenancies (ASTs)
A Guide to our fees and potential costs & charges
VAT is charged @ 20%
All tenancies will need initial monies paid prior to check in; consisting of a full security deposit and first month's rent.
Additional fees and charges are as follows:
The level of the full security deposit will be at a level not more than 5 weeks rent unless the annual rent is greater than £50,000 (£4,166.67 pcm) where the security deposit will be at a level not more than 6 weeks rent.
Holding deposit (usually equal to one weeks rent)
During or at the end of a tenancy
Changes to an existing tenancy £50 (£41.67 + VAT )
To add additional tenant to existing tenancy £50 (£41.67 + VAT)
Administration for change of sharer to existing tenancy £50 (£41.67 + VAT)
Reasonable costs for replacement of lost keys, access or security devices.
Default fees for late payment of rent 3% above Bank of England base rate
Tenant fees for non Assured Shorthold Tenancies (non ASTs)
VAT is charged @ 20%
Prior to move in
All tenancies will need initial monies paid prior to check in; consisting of a full security deposit and first month’s rent. Additional fees and charges are as follows:
Holding deposit (usually equal to one week’s rent) and deducted from moving in monies
Referencing fees (per person) £60 (£50 plus VAT)
To prepare documents for a new tenancy £300 (£250 plus VAT)
During the tenancy:
To prepare extension documents for an existing tenancy £150 (£125 plus VAT)
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.