MID AND POST TENANCY CHARGES

Variation of Contract (tenant’s Request):  To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

£50.00

per agreed variation

Change of Sharer (Tenant’s Request):  To cover the 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.

£50 per replacement tenant or any reasonable costs if higher

Lost Security Items:  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 (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Subject to event

TENANCY DEFAULT CHARGES

Early Termination (Tenant’s Request):  Should the tenant wish to leave their contract early; they shall be liable to the landlord’s costs in re-letting 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 remaining full tenancy term. 

IMPORTANT - A landlord has absolutely no obligation to agree to an early termination.  Typically, if a release is offered it will be on their terms.

Variable

Arrears Charges - Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue nonpayment of rent.  Please Note:  This will not be levied until the rent is more than 14 days in arrears.

Daily charge of 3% above bank of England base rate