Company Tenant Fees

From 1 August 2023.

Tenant Charges

Including VAT

Holding Deposit (per tenancy)

One week’s 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

Six weeks’ rent.
This covers damages or defaults on the part of the tenant during the tenancy.

Set Up Fee

£240

Guarantor Fee (covering credit referencing and preparing a Deed of Guarantee)

£48

Permitted Occupier Fee

£30

Check In

£80-£195 depending on size of property. Charged at contractor’s cost.

Renewal Fee

£90 to be paid by Tenant
£90 to be paid by Landlord

Variation of Contract/Change of Sharer

£144

Unpaid rent

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.

Early Termination (Tenant’s 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. The rent referred to in the previous sentence shall be no more than the maximum amount outstanding on the Tenancy at the time of the start of the replacement Tenancy.
The Tenant(s) will be required to vacate the Property five working days before the start of the replacement Tenancy. The Tenant will be responsible for all costs as per the Tenancy Agreement until the start date of this new Tenancy.