Fees to tenants (not VAT Registered)
security deposit:
On 6 April 2007 the Government has introduced Tenancy Deposit Protection to ensure deposits are safeguarded by an approved Tenancy Deposit Protection Scheme - We will protect the deposit with The Deposit Protection Service.
A refundable deposit equal to five weeks worth of rent is required to be paid at the beginning of the tenancy this is calculated by dividing the annual rent by approx. X52 weeks, and then multiplying by x5 (weeks).
Deposits for tenancies where the annual rent is 50,000 or more are limited to the equivalent of 6 week's rent.
Holding Deposit (Refundable*): X1 weeks Rent
*Subject to statutory legislation on the repayment of this should the tenancy not go ahead. Please refer to our terms and conditions before placing your holding deposit.
Contract / tenancy agreement fee: No Charge to Tenant/s
referencing will be sought through A credit reference agency.
Credit check fee - Per tenant: No Charge to Tenant/s
Each tenant maybe be subject to a credit check before the tenancy can go ahead
Refrencing fee - Per tenant: No Charge to Tenant/s
Each tenant reference include Credit check / Immigration statues / Employers reference and previous landlord if applicable
guarantor fee (If required): No Charge to Tenant/s
Credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement
check in/ inventory fee: No Charge to Tenant/s
check out fee: No Charge to Tenant/s
contract renewal fee: No Charge to Tenant/s
change or adding of additional tenant into existing contract: 50.00
lost/replacement key/S charge: Dependant of Key Type + 25.00 call out charge
open door (locked out) per callout 25.00
late rent received charges.
For late payment of rent (in excess of 14 days) the landlords and/or agents will charge 3% above the Bank of England base rate in interest on the late payment of rent from the date the payment is missed. At the time of writing this would be 7% interest.
Early termination or surrender of A tenancy.
Where the tenants have requested early surrender of the tenancy, the landlord or agent may charge the equivalent of the loss incurred by this early surrender.
Where early surrender is granted, landlords and agents should retain evidence of the losses suffered through remarketing the property, etc in case they have to justify these losses as reasonable
We are proud members of:
The Property Ombudsman (TPO) ~ MujiFat Limited: D-10578
Client Money Protection (cmp) ~ MujiFat Limited: CMP004564