Tenant Fees

Tenant Fees 2025

Description

Charge

General fees and charges

Holding deposit

Equivalent of one weeks rent, which will be put towards your first rent due on completion of the tenancy.

Any tenancy agreement specially negotiated clauses agreed after the tenancy agreement has been signed

Up to £50 + VAT (£60), or for any reasonable costs incurred if these are higher than £50

Traditional deposit: annual rent less than £50,000

Equivalent to five weeks’ rent

Traditional deposit: annual rent £50,000 or more

Equivalent to six weeks’ rent

Change of sharer

£50+ VAT (£60 ) per new sharer or removal of sharer reference and providing a new tenancy agreement, or for any reasonable costs incurred if these are higher than £50.

Early termination (at landlord's discretion)

All costs, fees and charges 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 (for the whole time a tenant stays in the property) exceeds £125,000.

Bank Charges

There is no charge for payments to UK bank accounts, if you ask us to pay an overseas account we’ll charge £30+VAT (£36) per payment.

Default fees and charges

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 which have been lost, damaged or broken.

 

These charges are in line with Government regulations. If you have any queries your local lettings team will be able to help you.

 

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