Colchester:

01206 656007

Lettings Fees

TENANT FEE SCHEDULE (INC VAT)

Holding Deposit – One week’s rent.

This is to reserve a property. Please note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right to Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing). This will be offset against the initial deposit with agreement of the payee.

Security Deposit – Five week’s rent.

This covers damages or defaults on the part of the tenant during the tenancy.

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 Key(s) or other Security Devices

Tenants are liable for the actual cost of replacing any lost key(s) or other device(s), if the loss results in the 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 (Inc. Vat) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant’s Request)

£50 (Inc. Vat) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenant’s Request)

£50 (Inc. Vat) per replacement tenant or any reasonable costs incurred if (Tenant’s Request) higher. To cover costs associated with taking landlord’s instructions, new tenant referencing and Right to Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenant’s Request)

Should the tenant wish to leave their contract early; they shall be liable to the landlord’s costs in reletting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Fees applying to all pre-existing tenancies entered before 1st June 2019:

We shall continue to apply the charges within the existing tenancy agreement until 31st May 2020.

COMPANY LET

£600.00 administration fee (including VAT) £99.00 Check-in fee (including VAT) As a professional established letting agency we are a member of multiple redress schemes which are detailed below.

  • Safeagent (including Client Money Protection Insurance) accreditation number: A4189
  • The Property Ombudsman company number: T05915
  • The Deposit Protection Service

LANDLORD FEES SCHEDULE (INC VAT)

100% of the first month’s rent let only
12% inclusive of VAT fully managed

View our Client Money Protection Certificate