FEES IN RELATION TO TENANCY AGREEMENTS SIGNED ON OR AFTER 1ST JUNE 2019
By Brightestmove Estate & Letting Agents - Bridgwater, Bridgwater, TA6
Tenant Fees
AST Contract Fees Signed on or after 01 June 2019
Holding Deposit A charge equal to one weeks rent
Security/Damage Deposit A charge equal to four or five weeks rent
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 Keys or other Security Devices 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 (including VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract A charge of £50 including VAT
Early Release Charge A charge to cover the landlord’s fees of reletting the property and the rent due until the tenancy start date of the replacement tenancy.
Non AST Contract Fees
Company Referencing Fee £500 (No VAT)
Renewal Fee A charge of £100 including VAT
Change of Tenant Fee A charge of £100 including VAT
Tenancy Amendment Fee A charge of £100 including VAT
Check Out Fee A charge of £120 including VAT
Early Release Charge A charge to cover the landlord’s fees of reletting the property and the rent due until the tenancy start date of the replacement tenancy.
Holding Deposit A charge equal to one weeks rent
Security/Damage Deposit A charge equal to four or five weeks rent
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 Keys or other Security Devices 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 (including VAT) for the time taken replacing lost key(s) or other security device(s).
Last updated on 13/02/2023, 2:36 PM
Kindly note that legally, letting agents need to publish information about their tenancy fees, government-approved redress schemes and client money protection schemes on their website and on third party websites (on which agents are listed). For properties to lease/rent in England, agents need to keep this information up to date and precise on allAgents or specify within the property description.