All the following fees are inclusive of VAT at the current rate
Prices and Charges Correct as of 1st December 2022 but Subject to Change
Assured Shorthold Tenancies |
|
Permitted Payments | |
Before the Tenancy Starts | |
Holding Deposit (Reservation Fee) | 1 Week’s Rent |
Security Deposit | 5 Weeks’ Rent (6 Weeks’ Rent on Properties With Rent More Than £50,000.00 a Year) |
During the Tenancy | |
Variation, Novation or Assignment of the Tenancy Agreement | £50.00 inc. VAT (net £41.67) |
Rent Outstanding for 14 Days or More | 3% Daily Interest Rate (above Bank of England Base Rate) |
Payment of incurred costs for the loss of keys/security devices | |
Payment of any Unpaid Rent or Other Costs Associated with Your Early Termination of the Tenancy/Breaking the Contract* | |
*The Tenant will be required to give 1 month’s notice and will be subject to paying the Landlord’s reasonable costs in identifying a replacement Tenant. The Tenant will also be remain liable for rent and utilities until the end of the fixed term unless a suitable tenant is found. | |
No Deposit Scheme | |
Initial Charge 1 Week’s Rent (One-off charge payable direct to Goodlord, which will form part of the first month’s rent for a successful application. You will pay the monthly No Deposit Scheme fees to Thornley Groves throughout the tenancy as set out below. These payments should be made at the same time as your rent payment by standing order: | |
Rent pcm up to £599.00 | You will pay an additional amount of £30 inc. VA |
Rent pcm between £600.00 and £999.00 | Additional £40.00 inc. VAT |
Rent pcm btween £1000.00 and £1499.00 | Additional £50.00 inc. VAT |
Rent pcm between £1500.00 and £1749.00 | Additional £60.00 inc. VAT |
Rent pcm between £1750.00 and £1999.00 | Additional £80.00 inc. VAT |
Rent pcm above £2000.00 | Additional 4.5% inc. VAT of the monthly rent |
Other Permitted Payments | |
Any other permitted payments, not included in the above table, under the relevant legislation including contractual damages. | |
Non-Housing Act Tenancies 1988 (e.g. Company Let Tenancy) |
|
Under new legislation, we are not permitted to charge fees to Tenants unless the Tenancy is a Non-Housing Act Tenancy, e.g a Company Tenancy. | |
Administration/Application Included within your Application Fee; Tenant Referencing checks which include affordability, current/previous Landlord checks (if applicable), Credit Report Checks, Immigration Right To Rent in the UK validation including Identification checks and preparation, delivery and completion of Tenancy documentation. | |
Chester | 1 Tenant £249.60 inc. VAT (net £208.00) 2 Tenants £398.40 inc. VAT (net £332.00) 3+ Tenants or Company £510.00 inc. VAT (net £425.00) Guarantor £234.00 inc. VAT (net £195.00) |
Rental Arrears | |
Rent Outstanding for 14 Days or More | 3% Daily interest Rate (above Bank of England Base Rate) |
Rent Outstanding for 14 Days or More | £54.00 inc. VAT (net £45.00) Per Week Until Rent Balance is Clear |
Non-Payment of Standing Order or Returned Cheque | £54.00 inc. VAT (net £45.00) |
Letter or Email Sent in Respect of Outstanding Rent | £54.00 inc. VAT (net £45.00) |
Property Visit in Respect of Outstanding Rent | £54.00 inc. VAT (net £45.00) |
Matter Escalated to Legal Advisors | £54.00 inc. VAT (net £45.00) Charge for Each Letter Sent |
Tenancy Renewal | |
Tenancy Extension/Renewal | £216.00 inc. VAT (net £180.00) |
Miscellaneous | |
Change of Tenancy Commencement Date Prior to Start of Tenancy (If the Tenancy paperwork has already been prepared by the Agent and distributed.) | £30.00 inc. VAT (net £25.00) |
Property Alterations – Variation of the Tenancy Agreement | £99.00 inc. VAT (net £82.50) |
Any Other Variation, Assignment or Novation of the Tenancy | £294.00 inc. VAT (net £245.00) |
Tenancy Reference to Any Third Party | £54.00 inc. VAT (net £45.00) |
End of Tenancy Property Clean or Repairs | £54.00 inc. VAT (net £45.00) |
*Please note that we are unable to accept payment from American Express Credit Cards*
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