Letting Fees

Permitted fees

Holding deposit: Equivalent to one weeks rent

Deposit: Equivalent to five weeks rent

Payment on variation, assignment or novation of a tenancy: £50

Payment on termination (surrender) of a tenancy: Landlords loss and the agents reasonably incurred costs

Payment to replace lost keys, fob or gate remotes: Reasonable associated costs 

Payments in respect of Council Tax: Paid directly to relevant council 

Payments for utilities (electricity, gas or communal heating, water or sewage): Paid directly to relevant suppliers

Payments for a television licence: Paid directly to TV licencing

Communication services (telephone other than a mobile telephone; the internet; cable television, satellite television): Paid directly to relevant suppliers

Late rent payment interest: 3% above Bank of England’s APR

Contractual damages in the event of the tenant's default of a tenancy agreement; and any other permitted payments under the Tenant Fees Act 2019