1140 properties to let in Croydon

300.00 per tenancy includes vat

Members of client money protect & the property redress scheme

Tenants:

As of the 1st June 2019, the tenant fee ban came in effect, meaning we will not charge tenants any administration fees.

The only monies due would be the first months rent in advance and upto a 5 week security deposit.

Holding deposit

- Equivalent to one weeks rent per tenancy (actual rent divide by 52).

- The property will be reserved on payment of the Holding Deposit

- The deadline for agreement is 15 calendar days after the Holding Deposit is paid unless a date is agreed in writing by the tenant

The Holding deposit will be refunded within 7 days :-

(i) From when the parties enter into the tenancy agreement unless the tenant has agreed in writing for the holding deposit to be put towards the balance of monies payable

(ii) If the landlord withdraws

(iii) If an agreement is not reached before the deadline for Agreement of the agreed extended date and the tenant is not at fault, or

(iv) If the landlord or the agent breaches the fee ban or acts in a way that it would be unreasonable to expect the tenant to enter into an agreement (i.e. Unfair terms, harassment etc.)

The agent can retain the Holding deposit only if:

(i) The tenant withdraws their application

(ii) The tenant doesn't take reasonable steps to enter into the tenancy

(iii) The tenant fails a Right to Rent check or fails to pass the referencing procedure within a 14 day period.

(iv) The tenant provides false or misleading information which materially affects their suitability to rent the property

Rent

- The amount which will be contractually payable to rent the property at regular specified intervals

Security deposit

- Equivalent to five weeks rent per tenancy if rent is less than £50,000 per year

- Equivalent to six weeks rent per tenancy if rent is more than £50,000 per year

- The Security Deposit can be used to cover damages or defaults on the part of the tenant during the tenancy

- Interest is payable by the tenant on late rent at the rate of 3% above the Bank of England Base rate in relation to each day after the due date for which the rent is unpaid but not to be until the rent is more than 14 days in arrears

Utilities and council tax

- Gas, electricity, fuel, water or sewage, communication services, television license, Green Deal Charge (if any) and council tax

Lost key / access or security device

- The cost of replacement including the cost of replacement of the locks (if applicable)

Early termination

- If the tenant wishes to leave the contract early and there is no break clause, the tenant shall pay the rent until the start date of any replacement tenancy together with the landlords re-letting costs (in accordance with best homes published landlord letting fees); such costs to be no more than the maximum amount of rent outstanding on the tenancy

Landlord Guide to Services and Fees

The table below shows all landlord fees exclusive of VAT (at 20%).

Best Homes is a member of and covered by the Client Money Protect Scheme. Best Homes is also a member of the Property Redress Scheme.

Let Only 10%

Fully Managed 10% for New landlords - Usually 12.5%

Tenancy Referencing: Per tenant
Landlord Cost £25.00 per applicant - per application

Right to Rent checks
Money Laundering Checks: Per tenant £25.00

Tenancy Agreement & Administration Fee
Preparation of an Assured Shorthold Tenancy Agreement, Contract negotiation, including any amendments, clauses, agreeing terms & Issuing Government How to Rent Booklet at £400.00

Deposit Registration Fee at £40.00

Check in & Check out fee: Each as follows:

Studio/ 1 Bedroom Property at £50.00
2 Bedroom Property at £65.00
3 Bedroom Property at £80.00
4 Bedroom Property at £95.00

Check out to be deducted when Notice is given

Gas Safety Certificate (Only) at £80.00
Renewable annually
If included with a Full Boiler Service at £140.00

Energy Performance Certificate at £75.00

Application for a Landlord License at £50.00 plus cost of License.
Any compliance attendance in respect of the Landlord License
at £100.00 which covers submission & data collection to be forwarded to Croydon Council & Compliance visit.

Additional Key Cutting at £10.00
Plus cost of Keys

Additional Landlord Fees
Use of Landlords Own tenancy Agreement at £75.00
To be approved by our Solicitor
Withdrawal Fee:
If Landlord withdraws with Prospective Tenant at £200.00

Tenancy Renewal Fee:
Renewal of new AST Agreement - From at £100.00

Additional Referencing: Per Tenant at £25.00 per application.

Submission of Deposit Dispute
Fully Managed at £100.00
Let Only at £150.00

Annual Submission of Section 19 Report to hmrc:
All landlords
Annualized Income & Expenditure Statement at £100.00

For Self-Assessment or Submission to Accountant at £100.00

Issuing Notices: Section 21 / Section 8
Fully Managed & Rent Collection at £50.00

Property Visits: At request of Landlord

Additional Property Inspections:
Fully Managed Properties at Landlords Request at £45.00
Attending at Property at Landlords Request

Preparation of paperwork for Court submission
Attending Court on Landlords Behalf: Meeting Bailiff
at £500.00

Supervision of any agreed works 5% of expenditure, plus V.A.T

Sale of the Property to the Tenant or a Third Party
1.5% of Sale price, plus V.A.T @ 20%

(Some of the above subject to certain negotiation)

As of the 1st June 2019 the tenant fee ban came in effect, meaning we will not charge tenants any administration fees.

The only monies due would be the first month’s rent in advance and a 5 week security deposit.

Holding deposit

- Equivalent to one week's rent per tenancy (annual rent amount divided by 52)

- The property will be reserved on payment of the Holding Deposit

- The Deadline for Agreement is 15 calendar days after the Holding Deposit is paid unless an 'extension' date is agreed in writing by the tenant

The Holding Deposit will be refunded to the tenant within 7 days:-

(i) from when the parties enter into the tenancy agreement unless the tenant has agreed in writing for the Holding Deposit to be put towards the balance of monies payable

(ii) if the landlord withdraws

(iii) if an agreement is not reached before the Deadline for Agreement or the agreed extended date and the tenant is not at fault, or

(iv) if the landlord or the agent breaches the fee ban or acts in a way that it would be unreasonable to expect the tenant to enter into a tenancy agreement (i.e. Unfair terms, harassment etc)

The Agent can retain the Holding Deposit only if:

(i) the tenant withdraws their application

(ii) the tenant doesn't take reasonable steps to enter into the tenancy

(iii) the tenant fails a Right to Rent check

(iv) the tenant provides false or misleading information which materially affects their suitability to rent the property

rent

- The amount which will be contractually payable to rent the property at regular specified intervals.

Security deposit

- Equivalent to five weeks' rent per tenancy if rent is less than £50,000 per year

- Equivalent to six weeks' rent per tenancy if rent is more than £50,000 per year

- The Security Deposit can be used to cover damages or defaults on the part of the tenant during the tenancy

- Interest is payable by the tenant on late rent at the rate of 3% above the Bank of England Base Rate in relation to each day after the due date for which the rent is unpaid but not to be levied until the rent is more than 14 days in arrears

utilities & council tax

- Gas, electricity, fuel, water or sewage, communication services, television licence, Green Deal charge (if any) and council tax

lost key / access or security device

- The cost of replacement including the cost of replacement of the locks (if applicable)

early termination

- If the tenant wishes to leave the contract early and there is no break clause, the tenant shall pay the rent until the start date of any replacement tenancy together with the landlord's re-letting costs (in accordance with Streets Ahead's published landlord letting fees); such costs to be no more than the maximum amount of rent outstanding on the tenancy

As of the 1st June 2019 the tenant fee ban came in effect, meaning we will not charge tenants any administration fees.

The only monies due would be the first month’s rent in advance and a 5 week security deposit.

Holding deposit

- Equivalent to one week's rent per tenancy (annual rent amount divided by 52)

- The property will be reserved on payment of the Holding Deposit

- The Deadline for Agreement is 15 calendar days after the Holding Deposit is paid unless an 'extension' date is agreed in writing by the tenant

The Holding Deposit will be refunded to the tenant within 7 days:-

(i) from when the parties enter into the tenancy agreement unless the tenant has agreed in writing for the Holding Deposit to be put towards the balance of monies payable

(ii) if the landlord withdraws

(iii) if an agreement is not reached before the Deadline for Agreement or the agreed extended date and the tenant is not at fault, or

(iv) if the landlord or the agent breaches the fee ban or acts in a way that it would be unreasonable to expect the tenant to enter into a tenancy agreement (i.e. Unfair terms, harassment etc)

The Agent can retain the Holding Deposit only if:

(i) the tenant withdraws their application

(ii) the tenant doesn't take reasonable steps to enter into the tenancy

(iii) the tenant fails a Right to Rent check

(iv) the tenant provides false or misleading information which materially affects their suitability to rent the property

rent

- The amount which will be contractually payable to rent the property at regular specified intervals.

Security deposit

- Equivalent to five weeks' rent per tenancy if rent is less than £50,000 per year

- Equivalent to six weeks' rent per tenancy if rent is more than £50,000 per year

- The Security Deposit can be used to cover damages or defaults on the part of the tenant during the tenancy

- Interest is payable by the tenant on late rent at the rate of 3% above the Bank of England Base Rate in relation to each day after the due date for which the rent is unpaid but not to be levied until the rent is more than 14 days in arrears

utilities & council tax

- Gas, electricity, fuel, water or sewage, communication services, television licence, Green Deal charge (if any) and council tax

lost key / access or security device

- The cost of replacement including the cost of replacement of the locks (if applicable)

early termination

- If the tenant wishes to leave the contract early and there is no break clause, the tenant shall pay the rent until the start date of any replacement tenancy together with the landlord's re-letting costs (in accordance with Streets Ahead's published landlord letting fees); such costs to be no more than the maximum amount of rent outstanding on the tenancy

Our Fees to landlords and tenants
All fees to tenants and landlords and inclusive of VAT

Fees to tenants

Contract Fee: £0.00
Fees for drawing up the tenancy agreement

Additional Tenant Fee: £0.00
Additional fee for each additional tenant in the property

Credit Check and Referencing Fee: £0.00
All tenants will be subject to a credit check and current employers and previous landlord reference

Guarantor Fee: £0

Pet deposit: £0

Check in/Inventory Fee: £0

Contract Renewal Fee: £0 unless change to original requested (£50)

Lost key Fee plus costs of key cutting: £85 or as per Government guidelines
(If staff available)

Returned Payment Fee: £0

Arrears Fee: £40

Change of tenant Fee: £50

Check out Fee: £0

Fees to Landlords

Let only 8%-12% or first months rent
Let only includes marketing the property, carrying out accompanied viewings, arranging for the inventory to be carried out, carrying out the relevant check on the potential tenant including credit checks and referencing and finalising of tenancy agreement.

Deposit Protection £50
As an additional service we can protect the deposit on behalf of the landlords for peace of mind.

Full Management service 8%-12%
Full management includes all of the above, as well as getting quotes for repairs and arranging for repairs within the property, carrying out inspections every year advising relevant utility companies of changes and hold keys throughout the tenancy term. Change of tenant fee £85.

Check out Fee: £50
The check out will include the unprotecting of the deposit where applicable and return it to the landlord or tenant.

Court Attendance £100

Business Details
Name of Business Carrolls Estates
Address 252 Wickham Road Shirley Croydon CR08BJ
We are members of a Client Money Protection Scheme Money Shield
We are members of The Property Ombudsman