Tenant Fees Schedule
We are committed to being upfront and transparent about our charges, so it’s important that you read this schedule carefully.
Holding Deposit
This payment is intended to reserve the property.
Application of Holding Deposit Toward Security Deposit
Once the tenancy is agreed and all checks are passed, the holding deposit will be deducted from the total security deposit payable, reducing the remaining balance due before move‑in.
This does not increase the total amount charged; it simply offsets part of the security deposit already owed.
Security Deposit
For rent under £50,000 per year
Covers damages or defaults by the tenant during the tenancy.
Security Deposit
For rent of £50,000 or over per year
Covers damages or defaults by the tenant during the tenancy.
Variation of Contract
Per agreed variation – Tenant’s Request
Covers costs for landlord instructions and preparation of new legal documents.
Change of Sharer
Per replacement tenant – Tenant’s Request
Covers landlord instructions, tenant referencing, Right-to-Rent checks, deposit registration, and preparation of new legal documents.
Lost Key(s) or Security Device(s)
Tenants cover the actual cost of replacing lost keys or security devices.
If a lock change is needed, associated expenses (locksmith, new lock, replacement keys) apply.
Unpaid Rent
Interest at 3% above the Bank of England Base Rate from due date until paid for non-payment of rent.
Early Termination
Tenant’s Request
If ending tenancy early, tenant covers landlord’s reasonable re-letting costs plus rent until new tenancy starts.