Fees


Tenant Fees
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. 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.
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 £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
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 £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract (Tenant’s Request) £50.00 (inc VAT per agreed variation) To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request) £50.00 (inc VAT per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
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.
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. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
 
Landlord Fees
Tenancy Set Up £420.00
Lease Set Up £600.00
Monthly Management 10% of monthly management fee (minimum of £58.80 incl.VAT)
Monthly Management - HMO 10% of monthly management fee (minimum of £39.00 incl.VAT)
Tenancy Set Up - HMO £120.00
Energy Performance Certificate £84.00
Gas Certificate £72.00
Gas Certificate and service £118.80
Electrical Installation Condition Report £168.00
Portable Electrical Appliance Safety Test £48.00
Mandatory Property Clean (between lettings) £21.00
Rent Guarantee Policy (12 months, nil excess) £150.00
Tenancy Renewal £90.00
Lease Renewal £360.00
BRH Maintenance and Repair £54.00
BRH Maintenance and Repair (Out of hours) POA
Legionella Risk Assessment £126.00
Asbestos Survey £174.00
Press Advertising POA
Licence Application Service £150.00
Self Let £474.00
Inspection/Inventory £84.00
Mandatory Cleaning of communal areas £21.00 per hour
Fire Risk Assessment £300.00 per hour
Fire Alarm Service including any emergency lighting (6 Monthly) £180.00 per hour
Emergency Lighting £72.00 per hour
Fire Extinguisher Installation £36.00 per hour
Fire Blanket £30.00 per hour
Installation of fire notice (minimum charge of £20 for 5 notices) £20.00 for up to 5 notices (£4.80 incl. VAT per additional notice)
Servicing of fire equipment 12 Monthly £24.00 for first and £10.80 per additional extinguisher
Fire extinguisher overhaul 5 yearly £24.00 per extinguisher
Property Sourcing - On Market Properties £1200.00
Property Sourcing - Off Market Properties £3000.00
Property Sourcing - Project Acquisition & Development £6000.00
Property Sourcing - Development Only £3000.00