1960 properties to let in Manchester

Tenancy Information

Client money protection (cmp) provided by RICS:

Ombudsman services provided by prs:

Rules for how fees will be charged for Assured Shorthold Tenancies (AST) are different to how fees will be charged for Non-Housing Act Tenancies (nha). All our fees and charges are shown including VAT.

Housing act tenancies (AST)

Holding deposit Equivalent of one weeks rent

Changing tenancy documents once signed £50, or any reasonable costs incurred if these are higher than £50

Deposit: Annual rent less than £50,000 Equivalent to five weeks' rent / annual rent £50,000 or more Equivalent to six weeks' rent

Change of sharer £50 for one reference and a new tenancy agreement, or any reasonable costs incurred if these are higher than £50

Early termination (at landlord’s discretion) All costs 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

Bank charges if you ask us to pay an overseas account we’ll charge £30 per payment

Late, unpaid, returned rent payments 3% above the base rate of Bank of England per annum, calculated daily

Lost keys Any cost for the replacement of keys, fobs, security devices or associated items

non-housing act tenancies (nha)

Pre Tenancy Application Charge (ptac) Equivalent of one weeks rent or £600. If you withdraw from the tenancy: Private tenancies - minimum of £300 per person. Company tenancies - minimum of £600

Tenancy paperwork £360

Company reference checks £120 per reference

Deposit Usually equivalent to six weeks rent / with pet eight weeks

Check-in and/or out From £120 to £620 approx. Check your tenancy agreement to confirm who is responsible for paying this charge

Call out services (inc out of hours) £60 per hour and/or the contractors invoice where your actions or lack of actions result in us or a contractor attending the property to remedy the situation

Last minute cancellation of pre-arranged visits £60 per visit and any contractor invoice

Hourly rate £60 plus any replacement costs if we or the landlord have to replace any damaged items, or return any fixtures or fittings to their original position, as per the inventory

Any overseas payment charges £30 per payment

Late/unpaid/returned rent payments £60 late payment charge and 3% above the base rate of Bank of England per annum, calculated daily

Change of sharer £475 / Additional sharer (at the same time) £100

Renewal negotiation £200 for each renewal. If additional referencing is required £45 per reference

Changing tenancy documents once signed £180

Early termination (at landlord’s discretion) All costs 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

Bank charges if you ask us to pay an overseas account we’ll charge £30 per payment

Holding Deposits:
A holding deposit equal to one week's rent is payable upon the start of the application.
Successful Applications - any holding deposit will be offset against the first month's rent with the agreement of the payee.

Fees, payable in accordance with the Tenant Fees Act 2019:
Additional variable charges may apply during the course of or at the end of the Tenancy and are detailed within the Tenancy agreement;
Default of Contract - Loss of keys £25.00
Contract Variation - Admin Charge £50.00
Contract Termination - Admin Charge £50.00 (plus any reasonable Landlord costs, by prior agreement)

Deposit
A deposit equal to 5 weeks rent (6 weeks where the annual rent is greater than £50,000). The deposit and first month's rent is payable once the reference checks have been passed and before the Tenancy begins.

The Good Estate Agency is a member of the ARLA Client Money Protection Scheme (cmp) and a member of The Property Ombudsman (TPO) which is a redress scheme.

Holding deposit explained

If you apply to rent a property from one of our Landlords. Before your application can be considered, you will need to pay to us a holding deposit equivalent to one weeks’ rent.

Once we have your holding deposit, current legislation stipulates that the necessary paperwork should be completed within 15 days or such longer period as agreed. If during that period you decide not to proceed with the tenancy, your holding deposit will be retained. If during that period you unreasonably delay in responding to any reasonable request made by our firm, or you have provided us with false or misleading information or if you fail any of the checks which the Landlord is required to undertake under the Immigration Act 2014, then your holding deposit will not be returned.

If the Landlord decides not to offer you a tenancy for reasons unconnected with the above then your deposit will be refunded within 7 days. Should you be offered and you accept a tenancy with our Landlord, then your holding deposit will be credited to the first months’ rent.

You will not be asked to pay any fees in connection with your application. If your application is successful under our standard assured shorthold tenancy agreement, you will be required to pay certain fees for any breach of that tenancy agreement in line with the Tenant Fees Act 2019. In consideration of us processing your tenant application, you agree to pay those fees to us on request.

Reside Manchester are members of The Property Ombudsman &

Propertymark Client Money Protection Scheme

• Holding deposit = £200• Security Deposit = £0 deposit option available• £50.00 administration charge for any amendments to the agreement during the term• Relevant costs for Utilities, Broadband, TV Licence and Council Tax• Reasonable costs for replacement of lost keys or other security devices• Reasonable costs for any end of tenancy dilapidations beyond fair wear and tear• Reasonable costs associated with an early termination of the tenancy (subject to the tenant’s request being agreed by the Landlord)• Interest at the rate of 3% per annum above the Bank of England's base rate on any Rent lawfully due that is paid more than 14 days after the date on which it became due

Holding Deposit (Per Tenancy) - Equal to 1 weeks (agreed) rent

This is to reserve a property. Note this will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right to Rent check, provide materially significant false or misleading information or fail to sign their tenancy (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing.) Should the Tenant(s) withdraw or fail referencing due to non-disclosure and/or falsified references this money will not be returned. It can, with your agreement be used as a contribution towards your first month’s rent or Tenancy Deposit if the Tenancy proceeds to move in/completion.

Tenancy Deposit (per Tenancy) - Rent under £50,000 per year - 5 weeks rent

covers damages or defaults on the part of the tenant during the tenancy.

Tenancy Deposit (per Tenancy) - Rent of over £50,000 or over per year - 6 weeks rent

covers damages or defaults on the part of the tenant during the tenancy.

Unpaid and/or late Rent payment(s) – England - Interest at 3% above the Bank of England Base rate from the due date until paid in order to pursue non-payment of rent.

Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears. Please contact us straight away if you are unable to make a payment. We are here to help so please contact us with any queries. Failure to do so may result in legal action being taken.

Lost Key(s) or other Security Device - Tenants are liable for the actual cost of replacing any lost keys(s) or other security device(s)

Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenants Request) - £50 Inc VAT per agreed variation

To cover the costs associated with taking the landlord’s instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenant's Request) - £50 Inc VAT per replacement tenant or any reasonable costs incurred if higher

To cover the costs associated with taking the landlord’s instructions, new tenant referencing, Right to Rent checks, deposit registration as well as the preparation of new legal documents.

Early Termination* (Tenant's Request) - This is not an automatic right and will be reviewed & agreed on a case by case basis.

Should the tenant(s) wish to terminate their contract early, they shall be liable for all costs, fees and charges incurred by the landlord for allowing the early termination including the agent’s existing or reletting fees, as well as the rent due under the tenancy until the start date of the replacement tenancy.

Exceptional Circumstances (Tenant's Request)

If extra costs are incurred there will be a charge of £15 per hour inc VAT for the time taken by the Landlord/Agent in certain limited circumstances. Such costs will be verified in writing in advance where possible