Tenant Fees post 1st June 2019
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 Belvoir St Albans ‘the Agent’)
Holding Deposit: 1 week’s rent
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 base rate of the Bank of England per day on the outstanding amount for more than 14 days
During the tenancy if permitted and applicable
Utilities – gas, electricity, 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.
Jeffersons Jemnics Limited trading as Belvoir is a member of Propertymark Client Money Protection scheme which is a client money protection scheme and also a member of The Property Ombudsman Scheme which is a redress scheme. You can find out more details on our website or by contacting us directly. To see our certificate please click here.
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
Revised March 2018
Jeffersons Jemnics Ltd T/A Belvoir Welwyn and St Albans is an ARLA Licensed Member
Client Money Protection (CMP) provided by ARLA
Independent Redress provided by The Property Ombudsman
DURING YOUR TENANCY
Change of Sharer - £342.00 (£285.00 + vat)
Covers one tenant reference fee and the drawing up/execution of a Deed of Assignment
Early termination fee - £240.00 (£200 + vat)
If you do not have a break clause and wish to terminate the tenancy agreement early and the landlord agrees, a fee is payable to cover administration costs which may include a Deed of Surrender.
Unpaid rent - Interest at 3% above base rate from date due and £30.00 per payment that remains unpaid for a period of 7 days after due date. Covers costs in relation to email/letter/phone follow ups.
Last minute cancellation of pre-arranged visits - £60.00 (£50.00 + vat)
Extension and renewal documentation (tenant`s share) - £73.50 (£61.25 + vat)
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement
ENDING YOUR TENANCY
Inventory check-out fees
Our tenancy agreements provide for the landlord to pay for the initial inventory and check in with the tenant paying for the check out. These costs can vary subject to accommodation, furnished or unfurnished, term of tenancy and additional rooms. Approximate costs are as follows:
1 bed -unfurnished £90.00 + vat (Total 108.00)
2 bed -unfurnished £99.00 + vat (Total 119.00)
3 bed -unfurnished £108.00 + vat (Total 129.60)
4 bed -unfurnished £126.00 + vat (Total 151.20)
Furnished accommodation will incur a surcharge of between £10.00 + vat (Total £12.00) and 30.00 + vat (Total £36.00) Additional rooms (2nd receptions, en-suites, dining rooms, utility rooms etc) will be charged at £7.50 + vat (Total £9.00).
IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF