In company lets, tenants may encounter additional costs such as business rates and service charges for communal areas. Under an Assured Shorthold Tenancy (AST), tenants might face fees for credit checks and administration charges. It's essential for tenants to review the terms carefully to understand all potential expenses.
| DESCRIPTION | PRICE |
| Late payment of rent | Interest will be charged at 3% above the Bank of England's annual % rate for each day that the payment is outstanding. This is in accordance with the Tenant Fees Act 2019. |
| Tenant swap | £250 If you wish to make changes to your tenancy agreement, this charge may apply. Please ask. |
| Early termination of contract | You will be liable for rent until your original vacate date or until a new tenant moves in, whichever is sooner. You will also be charged any financial loss that the landlord will suffer in permitting the early termination, or the reasonable costs incurred by the agent for arranging an early termination of a tenancy. |
| Replacement of keys | You will be responsible for covering the reasonable costs of replacement. |
| Late return of keys | You will be charged your daily rent and any reasonable costs incurred by the landlord. |
| Breach of contract | Contractual damaged will be sought for any loss the landlord has incurred due to the breach. |
| DESCRIPTION | PRICE |
| Company application fee | £450 |
| Permitted occupier | £150 per tenancy |
| Fixed term tenancy renewal | £200 per tenant |
| Fixed term tenancy renewal | £110 per tenant |
|
Missed appointment fee - for any appointments not able to be carried out (including, but not limited to: photography, legionella, contractor visits) |
£42 per appointment missed |
| Late payment of rent | £110 for the first offence |
| Late payment of rent (all subsequent) | £200 all subsequent offences |
| Overpayment refund | £30 each occasion |
| Premature cancellation of standing order | £200 each occasion |
| Tenant swap | £50 |
| Early termination of contract | 1 month's rent plus VAT (plus £110 inventory revision fee). You will also be liable for rent until your original vacates date or until a new tenant moves in, whichever is sooner. |
| Maintenance call out – non emergency out of hours | £110 per call out |
| Maintenance call out – emergency out of hours | £200 per call out |