OUR TENANT FEES

 

 

 

 

 

 

Applicable to all new assured shorthold Tenancies (ASTs) signed on or after 1st June 2019 in England and 1st September 2019 in Wales

 

Holding Deposit – capped at One weeks rent
Paid by you to reserve the Property. This will only be retained by us if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days

 

Properties in England - Deposit – capped at 5 weeks rent where the annual rent is under £50,000 and 6 weeks rent where the annual rent is £50,000 or higher.
This will cover damages and defaults by the tenant as detailed in the AST during the tenancy

 

Properties in Wales - Deposit – usually 1.5 x monthly rent and an additional £200 per pet depending on size/ breed.
This will cover damages and defaults by the tenant as detailed in the AST during the tenancy

 

Late payment of Rent
Interest will be charged at 3% above the Bank of England Base Rate from Rent Due date until paid in full. This will not be levied until the rent is more than 14 days in arrears with the interest calculated back from the first day of the arrears.

 

Lost Keys or security devices
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.

 

Variation or changes to an existing tenancy agreement — £50 per change.

This charge will cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents. This also covers costs in ‘change of sharer’ situations and covers the landlords costs in securing a new sharing and associated legal requirements in processing that new sharers application.

 

Early Termination as requested by Tenant
Should you wish to leave the property before the end of your tenancy agreement, and should the landlord agree to this, then you will be liable to cover the landlord’s costs of re-letting the property as well as any rent due under the terms of your tenancy agreement up until the point the replacement tenancy commences.

 

Utility Payments
Tenants will remain responsible, unless agreed otherwise, for all utility payments, TV licence and Council Tax accounts. Please refer your AST for full information

 

Chepstow | 01291 626262

Usk | 01291 672212

Ross-on-Wye | 01989 768484

Monmouth | 01600 713030

Newport | 01633 449884

Forest of Dean | 01594 715888

Associated Park Lane Office
0203 368 8745

 

We are fortunate to sell and let a huge variety of property in one of the most beautiful regions of Britain. Set within glorious unspoilt countryside straddling the English Welsh borders are picturesque villages.