1181 properties to let in Croydon

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

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

Tenancy Information

Deposit: £2,424

Other fees
Contract variation, novation, amendment or change of occupant at the tenant's request within an existing tenancy: £50.

Default fee of interest on late rent: 3% above Bank of England base rate applicable if rent is more than 14 days overdue.

Default fee for lost keys or other respective security devices: Actual cost of replacement.

Fees for non-Assured Shorthold Tenancies / non-Licences
Tenant fee: £250 per person.

This is fixed-cost fee that can cover a variety of works depending on the individual circumstances of each tenancy, including but not limited to conducting viewings, negotiating the tenancy, verifying references, undertaking Right to Rentchecks (if applicable) and drawing up contracts. It is charged on a per individual basis - not per tenancy. The charge will not exceed £250 inc VAT per individual and will only be applied to the first four individuals entering into the tenancy wherethere are more than four individuals taking occupation of the property. The charge will not exceed this sum unless yourequest or cause one of the specific additional services or fees set out elsewhere in this document.
Tenant protection
Foxtons' Client Money Protection Scheme is provided by Propertymark. Foxtons is a member of The Property Ombudsman Redress Scheme and subject to its codes of practice and redress scheme.

Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes). Relevant fees must also be published on third party websites, such as Rightmove. For properties to rent in England and Wales, details of the agent's membership of any redress scheme and client money protection scheme must also be published with their fees on Rightmove. It is the agent's responsibility to ensure that all relevant information is provided to Rightmove and is up to date and accurate. If the relevant information does not appear here, the agent may have included it within the property description.

Tenancy Information

Deposit: £2,424

Other fees
Contract variation, novation, amendment or change of occupant at the tenant's request within an existing tenancy: £50.

Default fee of interest on late rent: 3% above Bank of England base rate applicable if rent is more than 14 days overdue.

Default fee for lost keys or other respective security devices: Actual cost of replacement.

Fees for non-Assured Shorthold Tenancies / non-Licences
Tenant fee: £250 per person.

This is fixed-cost fee that can cover a variety of works depending on the individual circumstances of each tenancy, including but not limited to conducting viewings, negotiating the tenancy, verifying references, undertaking Right to Rentchecks (if applicable) and drawing up contracts. It is charged on a per individual basis - not per tenancy. The charge will not exceed £250 inc VAT per individual and will only be applied to the first four individuals entering into the tenancy wherethere are more than four individuals taking occupation of the property. The charge will not exceed this sum unless yourequest or cause one of the specific additional services or fees set out elsewhere in this document.
Tenant protection
Foxtons' Client Money Protection Scheme is provided by Propertymark. Foxtons is a member of The Property Ombudsman Redress Scheme and subject to its codes of practice and redress scheme.

Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes). Relevant fees must also be published on third party websites, such as Rightmove. For properties to rent in England and Wales, details of the agent's membership of any redress scheme and client money protection scheme must also be published with their fees on Rightmove. It is the agent's responsibility to ensure that all relevant information is provided to Rightmove and is up to date and accurate. If the relevant information does not appear here, the agent may have included it within the property description.

Tenant Fees: Assured Shorthold Tenancies

Holding Deposit (per tenancy) One weeks rent.
This is to reserve a property. Please 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 agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year) — Five weeks rent.
This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent of £50,000 or over per year) — Six weeks rent.
This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid 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.

Lost Key(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 £10 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant’s Request) £50 (inc. VAT) per agreed variation.
To cover the costs associated with taking landlords 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 landlords instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenants Request)
Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Company lets

before you move in

Application & Referencing Fee: £300 (inc VAT)

Rent In Advance Payment Administration Fee: £24 (inc VAT)

Right To Rent Checks: £6 (inc VAT) per adult moving into the property

Check-Out Fee: £118.80 (inc VAT)

Deposit: Usually the equivalent of 6 weeks rent (Rent x 12 divide by 52 x 6)

Abort / Withdrawal Fee: £300 (inc VAT, maximum fee)

during your tenancy

Amendment Fee: £150 (inc VAT) Per Amendment

Renewal Fee: £96 (inc VAT)

other fees and charges

Aborted Appointment Fee: £48 (inc VAT)

Early Release Fee: £90 (inc VAT) + Landlord Reletting Costs

Client Money Protection: Propertymark

Independent Redress: The Property Ombudsman

if you have any questions on our fees, please ask A member of our lettings team

Fees to landlords

Call us today for a free valuation

We're committed to giving you the best possible service and being transparent with our fees. We usually have a promotion in place for our managed service which means that you will be paying less for the service but still retain the same advantage.

Rent Collection service 12% + vatâ
Premium Management 16% + VAT

Tenancy agreement £198
Right to Rent check £180
Check in / check out £118.80
Deposit hold £102
Property visit £72
Emergency call out £90

Fees to tenants
Any questions on our fees, please ask us
Holding Deposit:Â One weeks rent
Security Deposit:Â Five weeks rent
Flatfair zero deposit: One weeks rent
Variation of Contract: £50
Change of Sharer: £50
Early Termination:Â Liable for the landlords cost of re-letting as well as any rent due under the tenancy agreement.

Ensuring that we meet the highest standards of service and adhere to professional codes of practice, Folklands Limited (Trading as Folklands estate agents) are proud members of The Property Ombudsman (Membership No.D13951), Propertymark Client Money Protection Scheme (Membership No.C0128120) and the industry regulator Propertymark (Membership No.M0207542).

The following information is provided to ensure that all tenants and applicants are fully informed of any fees and costs involved in renting a property through Folklands estate agents. Please note that all fees and charges are shown including VAT.

Holding Deposit:

The equivalent of one weeks rent (Calculated: (monthly rent x 12) / 52). This deposit will be forfeited in the event that any relevant person fails a right to rent check, withdraws from the application process or if the landlord and agent take all reasonable steps to enter the tenancy but the tenant does not. The deadline for agreement is the date by which agents/landlords and tenants should enter into a tenancy agreement after payment of the holding deposit. The default deadline for agreement is 15 days following the receipt of the holding deposit, but the landlord or agent may agree in writing a longer deadline with the tenant. This deposit will also be forfeited in the event that information provided is false or misleading information and reasonably affects the landlord’s decision to grant the tenancy.

Security Deposit:

For all tenancies with an annual rent of less than £50,000 Five weeks rent (Calculated: (monthly rent x 12) / 52 x 5) will be required as a security deposit. For those tenancies with an annual rent that exceeds £50,000 a six week deposit will be required (Calculated: (monthly rent x 12) / 52 x 6).

Unpaid Rent:

At such a point that unpaid rent reaches 14 days from the rent due date, an interest charge will be made at 3% above the bank of England’s base rate until such time that the arrears have been settled.

Lost Keys or Other Security Devises:

In the event that a key(s) or security device(s) is lost, a charge will be made at the rate of the cost of replacing such item. In the event that the loss or damage results in locks needing to be changed, the actual costs of a locksmith, a new lock and replacement keys for the tenant, landlord and any other persons requiring keys will be charged to the tenant.

Assignment, Novation or Variation of a tenancy requested by the Tenant:

In the event that a tenant requests an assignment, a novation or a variation of a tenancy, a charge of £50 to the tenant will be made on each occasion.

Change of Sharer:

When a tenant requests a change of sharer, a charge of £50 will be made to the tenant for each change.