Fees applying to all new tenancies from 1st June 2019
We may charge a tenant any or all of the following when required:
- the rent;
- a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year;
- a holding deposit of no more than one weeks’ rent;
- default fee for late payment of rent (after 14 days);
- reasonable charges for lost keys or security fobs;
- payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant;
- payments associated with early termination of the tenancy, when requested by the tenant; and
- payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges.
Fees applying to all pre-existing tenancies entered before 1st June 2019
We shall continue to apply the charges within the existing tenancy agreement until 31st May 2020.
Pocock & Shaw Ely Office - Fees charged to tenants
After viewing the property each applicant must complete an Application Form. This applies to each individual over the age of 18 who will be registered as a Tenant/Joint Tenant on the Assured Shorthold Tenancy Agreement or Company Let Agreement.
Completing the Application Form does not necessarily guarantee that the Applicant will get the Tenancy. Please complete the application form and return it to the office together with the following fees (please note the total referencing and legal fees are non-refundable):
Referencing & Legal Fee(s) for Assured Shorthold Tenancies:
For one applicant is £200.00 inclusive of VAT
Each applicant thereafter £70.00 inclusive of VAT
Each guarantor will be charged at £70.00 inc VAT
Referencing and Legal Fee for a Company Let is £300.00 inc VAT
Deposits:
For an Unfurnished Property the Deposit is equivalent to one and a half months rent.
For a Furnished Property the Deposit is equivalent to two months’ rent.
After satisfactory references have taken place, we will ask for a non-refundable partial payment of the deposit equivalent to half a month’s rent. Also note that an additional Deposit may be requested if a pet is allowed on the premises subject to the Landlord’s agreement.
Tenancy Agreement Renewals:
When a tenant moves out of a shared property and a renewal tenancy agreement is drawn up, the new tenant is to be referenced at a cost of £70.00 plus a fee of £75.00
Tenancy Agreement Extensions:
No fee is payable for either a fixed or periodic extension, unless a new agreement needs to be prepared. If this is the case the fee payable is £80.00 inclusive of VAT.
End of Tenancy Fees:
The Tenant will be charged a check out fee which will be deducted from the Deposit. A scale of charges is available, please request a copy.