Tenancies entered in to before 01st June 2019
- Application fee - £65.00 inclusive of VAT per applicant.
- Guarantor fee - £65.00 inclusive of VAT per guarantor.
- Administration fee - £210.00 including VAT per property towards the production of the tenancy agreement and inventory.
- Penalty letter during tenancy - £42.00 inclusive of VAT.
- Late rent payment charge - £60.00 inclusive of VAT
- Failed bank payment presentation - £24.00 inclusive of VAT (£20.00 plus VAT)
- Overdue rent payments will be subject to interest of 6% per annum above Natwest Bank PLC base rate.
- Arranging of end of tenancy cleaning / repairs fee - £42.00 inclusive of VAT (£35.00 plus VAT) per hour.
Tenancies entered in to after 01st June 2019
- A refundable holding deposit of a maximum of the equivalent of one weeks’ rent.
- A security deposit of a maximum of the equivalent of five weeks’ rent or six weeks’ rent where the annual rent is in excess of £50,000 which is payable prior to the tenancy commencing.
- Changes to the existing tenancy agreement after the tenancy has commenced, if requested by the tenant - £50.00 inclusive of VAT (£41.67 plus VAT)
- Lost keys or security devices will be payable by the tenant at the cost of key cutting or for the cost price of the replacement of security devices such as key fobs and swipe cards.
- Late payment of rent will be subject to a charge of 3% above the Bank of England base rate after 14 days of the rent not being received.
- Early termination of a fixed term tenancy is subject to agreement by all parties. If agreed, tenants will remain liable
for all costs related to the tenancy up until a new tenancy begins plus a relet fee of £420.00 inclusive of VAT (£350.00
plus VAT) to cover the landlords costs but no more than the rent payable by the tenant until the end of the fixed term
Peter Clarke & Co LLP is a member of the RICS client money Protection Scheme (Scheme Rules, Certificate). Our Redress scheme is: Property Redress Scheme, Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH.
If you have any queries regarding our fees please contact us.