Default Fees

Unpaid rent: Where rent is unpaid 14 days after it is due, interest will be charged at Bank of England Base rate plus 3%.
Lost keys: Where keys are lost, if we wish to assist you, we will charge the actual cost of a replacement if you collect it at our office. If we have to meet you at the property we will charge our time at £15 per hour plus the cost of the lost key. If the key is lost outside of business hours you must contact an emergency locksmith and pay the cost yourself and provide us with 2 spare keys. We do not have an contractual obligation to assist with lost keys.

Damages For Breach Of Contract

We may have to pay costs if you do not keep to the conditions of this contract. The law allows us to recover our reasonable costs from you. The costs you will have to pay are as follows.

Issuing Section 8 notice: If we send you a Section 8 Housing Act 1988 notice because you have broken this agreement, you must pay our reasonable costs of not more than £35 including VAT.
Returned Cheque or standing order: You must pay our reasonable costs of not more than £35 including VAT
Leaving early: This is a breach of the tenancy and you agree to pay 1/12th the cost of Letting Agents fees for each month left on the fixed term tenancy, plus rent due until a suitable new tenant moves in, plus £75 for the cost of advertising for new tenants, showing them around the property, conducting credit and Right to Rent checks, preparing a new tenancy agreement, protecting a new deposit and arranging a new Inventory.
Copy of tenancy agreement: If you lose your copy of the Tenancy Agreement we will provide a copy for £6 including VAT.
Failure to keep appointments: Failure to keep appointments such as Gas Safety Inspections, periodic Inspections which had been previously agreed, unless cancelled no later than 12 hours beforehand you agree to pay an admin charge of up to £50.
Rent overpayment: Where rent has been overpaid during the tenancy and we incur administration costs in dealing with its calculation and repayment, a fee of £25 will be charged. This would be a breach of the terms of the tenancy as the amount of rent to be paid is explained in the contract
Future references: We will provide future landlords or Letting Agents with a reference about how you conducted the tenancy, and our charge to them will be £25.

Company Let

Tenant Set Up Fee: £600 including VAT