Property Hub Limited
Willesden T: 0208 4593333
E: info@propertyhubltd.com
Wembley T: 0208 9031002
E: sales@propertyhubltd.com
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tenant

Tenants Fees

Fees applying to all new tenancies from 1st June 2019

We may charge a tenant any or all of the following when required:

  1. the rent;
  2. a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year;
  3. a holding deposit of no more than one weeks’ rent;
  4. default fee for late payment of rent (after 14 days);
  5. reasonable charges for lost keys or security fobs;
  6. payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant;
  7. payments associated with early termination of the tenancy, when requested by the tenant; and
  8. payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges.

Fees applying to all pre-existing tenancies entered before 1st June 2019

We shall continue to apply the charges within the existing tenancy agreement until 31st May 2020.

BEFORE YOU MOVE IN

Set Up Fee (tenant’s share): £360.00 (inc VAT) for up to two tenants
Referencing up to two tenants (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.

Additional Tenant Fee: £180.00 (inc VAT) per tenant
Processing the application, associated paperwork and referencing.

Guarantor Fee: £180.00 (inc VAT) per guarantor (if required)
Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement.

Permitted Occupier Fee: £60.00(inc VAT) per permitted occupier
Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy.

Accompanied Check-in Fee: £95 to £350.00 (inc VAT), Subject to Size of the property i.e. 1) Stuido £95, 2) 1 Bed £ 150.00, 2 Beds £ 190, 3 Beds £ 250.00, 4 Beds £ 300.00, 5 Beds £350.00.
Preparing an Inventory and Schedule of Condition of the property, explaining how appliances function and taking meter readings for utilities and services.

Pet Deposit: returnable additional security deposit of £250.00
To cover the added risk of property damage. This will be protected with your security deposit in a Government-authorised scheme and may be returned at the end of the tenancy.

DURING YOUR TENANCY

Amendment Fee: £ 250.00 (inc VAT)
Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.

Renewal Fee (tenant’s share): £250.00 (inc VAT)
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement.

ENDING YOUR TENANCY

Check out Fee (tenant’s share): £_N/A__ (inc VAT)
Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit(s).

Future Landlord Reference Fee: £_N/A__ (inc VAT)
Collating information and preparing a reference for a future landlord or letting agent.

OTHER FEES AND CHARGES

Lost Security Items: £__35.00_ (inc VAT) plus item cost
Obtaining necessary permissions, sourcing providers and travel costs.

Out of Hours Services: £35 per hour (inc VAT) plus costs incurred
Where actions of the tenant results in the agent (or nominated contractor) attending the property, time to remedy the situation is charged at the hourly rate.

Unpaid Rent / Returned Payments
Interest at 8% above Bank of England Base Rate from date due.

Professional Cleaning (if required): £35.00(in VAT) per hour - deducted from the security deposit
Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy.
Property Hub is member of the redress scheme ( The Property Ombudsman ) and the membership number is D 02415.

Property Hub, holds a Client Money Protection (CMP) and membership number is CMP001384.

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