Tenant Fees post 1st June 2019 (please see below)
In addition to paying the rent, you may also be required to make the following payments permitted under the Tenant Fees Act 2019.
Before the tenancy starts (payable to Four Walls Ltd t/a Belvoir Shrewsbury ‘the Agent’)
Holding Deposit: 1 week’s rent (click here for further information)
Deposit: 5 week’s rent
During the tenancy (payable to the Agent)
For English properties:
Payment of interest for the late payment of rent at a rate of 3% above the Bank of England base rate for each day that the payment is outstanding.
During the tenancy if permitted and applicable
Utilities – gas, electricity, oil, water and sewerage
Communications – telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Other permitted payments
Any other permitted payments, not included above, for breaches of contract or under the relevant legislation including contractual damages. These may include reasonable costs or losses incurred for loss of keys, security devices and changes to the tenancy agreement or early termination, if the Landlord agrees they can be made, up to the permitted limits.
Belvoir Shrewsbury is a member of Propertymark, which is a client money protection scheme, and also a member of ARLA and The Property Ombudsman (TPO), which are redress schemes. You can find out more details on our website or by contacting us directly.
Tenant Fees for pre 1st June 2019 Tenancies:
Explanation of our tenant fees permitted under the Tenant Fees Act 2019 transitional provisions, where fees are written into existing tenancy agreements. These apply to all tenancy agreements granted or signed and executed before 31st May 2019, and can be charged up until 31st May 2020
Fees To Tenants
Application Fee: £250.00 Inc VAT for one applicant
Plus £40 Inc VAT for additional adult applicants
Reference applicants (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 agreement.
Guarantor Fee: £ 60.00 Inc VAT
Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement
Permitted Occupier Fee: £120.00 Inc VAT
Explaining to any permitted occupier their rights and responsibilities towards the named tenants(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy
Pet Deposit/Fee: £100.00 Per Pet plus £36 Inc VAT Fee
£100 for 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. £36 Inc VAT fee
Renewal Fee: £180.00 Inc VAT
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
Amendment Fee/Addendum Fee: £120.00 Inc VAT
Contract negotiation, amending and updating terms and arranging a further agreement or addendum on an existing tenancy
Ending Your Tenancy: Check out fee £60.00 Inc VAT
Attending the property to undertake an updated Schedule of Condition of the property based on the original inventory and negotiating the repayment of the security
Unpaid Rent: Interest at 4% above Bank of England Base Rate from date due
Returned Payments: £20.00 inc VAT for each payment returned
We Hold client moeny protection through NALS. To view our certificate, please click here.