OUR RENTAL PROPERTIES


Tenancy Fees

TENANT FEES:


Contract holder (tenant) fees

 

Lost keys: Tenants are liable for the actual costs of the locksmith

 

Lost Occupation Contract: Digital replacement copy free of charge. Hard replacement copy £24 (inclusive of VAT)

 

Emergency/out of hours call out fee: Where the actions of a tenant result in a call out the tenant is liable for the contractor invoices


LANDLORD FEES:


Set up a tenancy:


£480 inclusive of VAT

(ie. £400 fee + £80 vat = £480)


Full property management service:


10% of the rent collected 

(eg. Rent £1000 p.c.m - fee £120 inclusive of VAT 

ie. Fee £100 plus £20 vat = £120)



Contract Holder - Tenant Fees

Contract holder (tenant fees)

1.       The Contract-Holder shall pay to the Landlord interest at the rate of 3% per annum above the Bank of England’s base rate from time to time on any rent or any other money payable under this Contract remaining unpaid for more than seven days after the day on which it became payable.


2.       Not to do anything which might cause the Landlord’s policy of insurance on the Premises or on the Fixtures and Fittings, [a summary of the relevant insurance requirements being provided with this Contract], to become void or voidable or causes the rate of premium on any such policy to be increased. The Contract-Holder will indemnify the Landlord for any loss incurred by the Landlord as a result of the Contract-Holder’s breach of this provision (ie. If the insurance premium increases due to the tenant’s actions the tenant will be liable for the actual costs of the increased part of the premium). The Contract-Holder's belongings within the Premises are their own and are not covered by any insurance policy maintained by the Landlord.


3.       In the event of any supply of water, gas, electricity, telephone or internet services to the Premises being disconnected in consequence of the non-payment by the Contract-Holder of the whole or any part of the charge relating to the same or as a result of any other act or omission on the part of the Contract-Holder, then the Contract-Holder shall indemnify the Landlord for any costs reasonably incurred in reconnecting or resuming those services (eg. The tenant will be liable to pay the landlord for any re-connection charges incurred).


4.       To protect the Landlord from loss arising from a claim that may be brought against the Contract-Holder as a consequence of a breach by the Contract-Holder of any covenant contained in this Contract. Such loss shall be deemed to include any charges which the Landlord may reasonably incur in connection with proceedings in a court of law against the Contract-Holder but without prejudice to the Contract-Holder’s right to have such costs assessed by the relevant court.



5.       The Contract Holder is responsible for ensuring cheques are not dishonoured and payments required through standing orders or by a third party on the Contract Holder’s behalf are not cancelled before the payment or payment period is completed. Should costs be incurred for dishonouring or cancelling payments and standing orders the Contract Holder is liable for any costs (eg. If the landlord is charged by his/her bankers then the tenant will be liable for those costs).


6.       The Contract-Holder shall indemnify the Landlord for any loss arising from the failure of the Contract to keep a mutually agreed appointment to complete the check-out procedures at the termination or sooner ending of the Contract which, for the avoidance of doubt, shall include indemnifying the Landlord for any costs incurred in arranging a second check-out appointment. (nb. Agent’s costs for arranging a second check-out appointment for the Landlord – free of charge. However, if the landlord is required to instruct a contractor due to a problem caused directly by the tenants actions during the check-out period, the tenant will be liable to pay the contractor’s costs). If neither the Contract-Holder nor their Agent shall keep the second appointment any assessment made by the Landlord or the Landlord's Agent shall be final and binding on the Contract-Holder. Should the Landlord or their Agent fail to attend such appointment the Contract-Holder’s reasonable costs incurred in attending the Premises will be met by the Landlord.


7.       Where the Landlord is entitled to do anything at the cost or expense of the Contract-Holder and thereby incurs a loss, then the Contract-Holder shall pay by way of damages the loss so suffered by the Landlord promptly when requested so to do failing which the Landlord may treat their loss as a deductible sum from the Deposit in accordance with Clause 9 at the end of the Contract. (eg. If a contractor is required to solve a drain blockage, caused by the contract-holder, then the contract-holder will be liable to pay the contractor’s costs).