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Tenant Fees
Refundable Holding deposit - Capped at 1 weeks rent
Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
Rent - The agreed monthly rent
Changes to tenancy - Capped at £50 inc VAT
Early termination charge - Not exceeding the landlord’s financial losses
Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keys - Reasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etc - Tenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership details - Client Money Protect
Property Redress Scheme Membership details - The PRS – membership no – PRS 008910
Landlord Fees
Non managed/Let Only fee – 5% + VAT of 12 months rent
Rent collection – 6% + VAT per month
Fully managed – from 10% + VAT
