FEES IN RELATION TO TENANCY AGREEMENTS SIGNED ON OR AFTER 1ST JUNE 2019
By Oliver Jaques - Bow, London, E3
Equivalent to One Weeks' Rent
Last updated on 03/06/2019, 1:47 PM
Equivalent to Five Weeks' Rent
Last updated on 03/06/2019, 1:48 PM
Equivalent to Six Weeks' Rent (Non Housing Act Tenancies and AST's where annual rent exceeds £50,000)
Last updated on 03/06/2019, 1:49 PM
Referencing and Contracts (Non Housing Act Tenancies and AST's where annual rent exceeds £50,000)
Last updated on 03/06/2019, 1:50 PM
Above base rate of the Bank of England - (Once rent is 14 days overdue)
Last updated on 03/06/2019, 1:51 PM
Amendments or Changes to the tenancy requested by the tenant. (Non Housing Act Tenancies and AST's where annual rent exceeds £50,000)
Last updated on 03/06/2019, 1:53 PM
Lost/Replacement Keys or Security Devices - Cost of Replacement + £30 administration fee
Last updated on 03/06/2019, 1:53 PM
Early Termination of Tenancy - If, for any reason, you request your landlord to agree to ending the tenancy earlier than the end date set out in the tenancy agreement (or in line with any break clause included in the tenancy agreement) then he/she does not have to agree to this. However, should your landlord agree, then he/she can ask you to reimburse him/her for any financial loss he/she might suffer as a result. This may include………….. Equivalent of letting fee already paid to the agent by the landlord from the date you wish to end your tenancy until the date the tenancy ends contractually (variable) as well as the New Tenancy Set Up Fee of £360 inclusive of VAT.
Last updated on 03/06/2019, 1:54 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.