Tenants Terms & Conditions/ Scale of Fees

Nil Deposit

TENANTS SCALE OF FEES

A description of our scale of fees are listed below.

EARLY TERMINATION (TENANTS REQUEST)

Should the tenant wish to leave their contract early, they shall be liable to pay the landlord’s costs in re-letting the property (up to One Month’s Rental Plus VAT) as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy and will be subject to negotiations between both parties being agreed. The Tenancy in place is a contractual agreement and terms need to be agreed before any further action can be taken. All Early Termination requests are subject to Landlord approval. Domans Residential costs would depend on the time spent negotiating and drawing up in writing what is agreed on behalf of the tenant. Standard Charge of £50.00 inc VAT.

CHANGE OF SHARER (TENANT’S REQUEST)

These costs are per replacement tenant for any reasonable costs incurred, such as; To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks (£62.50 plus VAT (75.00), deposit registration and new insurance certificate (if traditional Deposit Scheme) at £30.00 Plus VAT (£36.00) as well as the preparation and execution of new legal documents, £41.50 plus VAT (£49.80). Tenants on Nil Deposit Schemes would need to contact the insurer about costs and provide appropriate deposit cover prior to signing of any new Tenancy. The Tenancy in place is a contractual agreement and terms need to be agreed before any further action can be taken. All Change of Sharer requests are subject to Landlord approval.

LOST KEY(S) OR OTHER SECURITY DEVICE(S)

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 and any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a minimum charge of £12.50 plus VAT (£15.00) per hour for the time taken replacing lost key(s) or other security device(s). Security device replacement costs depend on the supplier and will normally be paid directly.

VARIATION OF CONTRACT (TENANT’S REQUEST)

£41.50 plus VAT (£49.80). per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

CONTRACTOR CALL OUTS

In the event a contractor is called to a property and the contractor reports that the cause of the problem was through the tenants misuse or tenants not checking the basic maintenance i.e trip switches, fuses, etc. then the full costs of the callout and repair would be at the tenants own expense and the invoice would be forwarded to the tenant for payment. In the event the tenant refuses to pay, then the Landlord would reserve the right to either claim the monies back through a debt recovery company/small claims court or via the dilapidation deposit on hold at the end of the tenancy.

RECOVERY OF FEES/OTHER CHARGES

The Agent shall be entitled to deduct from any deposit that may be paid by a Tenant of the Landlord’s Property any fees or other monies properly due and payable by the said Tenant to the Agent as described in the Tenancy Agreement.

UNPAID RENT

Interest will be charged at 3% above the Bank of England Base Rate from the Rent Due Date until paid in order to pursue non- payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

HOLDING DEPOSIT

One weeks rent will be required to reserve a property. Please Note: This will be withheld 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 (or other Deadline for Agreement as mutually agreed in writing). This Deposit will form part of the balance of the first months rental on completion of satisfactory references.

SECURITY DEPOSIT(DILAPIDATIONS DEPOSIT)

A security deposit of Five weeks rent will be required at the start of the tenancy (Per Tenancy for rent totalling less than £50,000 per year)(Six weeks rent required over £50,000 per year). This covers damages or defaults on the part of the tenant during the tenancy. An alternative Nil Deposit scheme will also be offered at a cost of One Weeks rent plus VAT. Terms & Conditions apply.

UTILITIES, RENT, COUNCIL TAX and TV LICENCE

All tenants are responsible for the payment of the above and all other costs relative to the property and your personal choice (such as TV and Broadband packages) as described in the Tenancy Agreement.

Redress Scheme and Memberships

We are members of ‘The Property Ombudsman’ No. DO3551. Members of ARLA Propertymark no. M0051060, together with Client Money Protection Scheme no. C0014803.

WHAT IS AND ISN’T A NEW TENANCY?

The Tenant Fee Act 2019, applies to Assured Shorthold Tenancies (ASTs). If your tenancy renews and a new contract is signed after 1 June 2019, then the letting agent can’t charge any further fees. However, if the tenancy continues after the end of the fixed term (what is known as a “periodic tenancy”) then your letting agent can continue charging fees until 31 May 2020 when they fall due under the terms of your tenancy agreement.

EXISTING TENANCIES

While agents cannot charge fees to tenants (other than permitted payments) on tenancies starting after 1 June 2019, agents can charge fees on pre-existing tenancies until 31 May 2020. Those fees include;

  • Should you wish to extend your tenancy in the future then we would require a £75.00 administration charge to the tenant(s). (with VAT £90.00)
  • Dilapidation deposit fee. – this is for us to hold the deposit under the My Deposit insurance backed scheme. £30.00. (with VAT £36.00)
Letting Fees Information

 

LETTING FEES WHERE APPLICABLE

The asking rent does not include letting fees. Depending on your circumstances and the property you select, Domans Residential may also apply the following upfront fees, all fees are plus VAT.

We strongly advise applicants to check agents fees first before securing a property and they should be clearly advertised as above as per new legislation 1st November 2013. 

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