Tenant Fees

All fees include VAT where applicable.

Assured Periodic Tenancies

There are no application, referencing, tenancy preparation, renewal, inventory or check-out fees for tenancies covered by the Tenant Fees Act 2019.

 

Holding deposit — One weeks rent

Payable per tenancy, not per applicant. Refundable subject to the statutory rules. Please read our Holding Deposit Agreement before making payment.

Tenancy deposit — Annual rent below £50,000

Equivalent to five weeks rent.

Tenancy deposit — Annual rent from £50,000 to £100,000 inclusive

Equivalent to six weeks' rent.

Tenant-requested changes — £50 per agreed change

For an agreed amendment to an existing tenancy, including a change of tenant.

Late rent — Interest at three percentage points above the Bank of England base rate

Applies where rent is at least 14 days overdue. Interest is calculated daily at this annual rate on the outstanding rent.

 

Lost keys or security devices — Reasonable replacement costs

The reasonable costs actually incurred, supported by written evidence.

 

Late-rent and lost-key charges apply only where included in the tenancy agreement.

 

Rent in advance

For monthly assured periodic tenancies, no more than one month's rent is payable before the tenancy starts, and only after both parties have signed the agreement.

 

Company Lets and Other Exempt Tenancies

The following charges apply only to agreements outside the Tenant Fees Act 2019. They do not apply to ordinary assured periodic tenancies.

Holding deposit — One week's rent

Subject to the written holding-deposit terms provided before payment.

Tenancy deposit — Annual rent below £50,000

Our standard requirement is five weeks' rent.

Tenancy deposit — Annual rent of £50,000 or more

Our standard requirement is six weeks' rent.

Referencing — £60

Tenancy agreement preparation — £250 per tenancy

Renewal agreement — £120 per renewal

Tenant-requested amendment — £60 per agreed change

 

Check-out — Independent inventory clerks charge

Typical charges are £120 for a one-bedroom property, £140 for two bedrooms, £160 for three bedrooms and £170 for four bedrooms. The charge depends on the property and its furnishings, and we will confirm it in advance.

 

London Estates Client Money Protection is provided by The National Approved Letting Scheme

All our fees  are inclusive of VAT

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