Hamptons International Fees and Charges in England from 1st June 2019
Permitted Charges in accordance with the Tenant Fee Act 2019 for ASSURED SHORTHOLD TENANCY:
First month's rent - In advance Tenancy Deposit - 5 or 6 weeks depending upon the rental amount Holding Deposit - Maximum one week's rent Early termination requested by the tenant - A charge not exceeding the financial loss experienced by the landlord Late Rent - Interest charged at 3% above Bank of England base rate, when rent is more than 14 days late Lost key or security device - Equivalent to cost incurred Changing the tenancy documents (after the commencement of the tenancy) - 50 inc. VAT
NON HOUSING ACT TENANCY, fees (not affected by the Tenant Fee Act 2019) A Non Housing Act Tenancy is formed when one of the following criteria is in place: The annual rent exceeds 100,000. The property is occupied by an entity (Company let) rather that an individual. The property is not used as a main or primary home. There is a Resident Landlord
Tenancy Agreement and Setup Administration - 390 inc VAT Check-in Fee checking into the property and reviewing inventory - Minimum of 130.80 inc VAT Enhanced Reference Fee (per person or company) - 60 inc VAT Tenancy Continuation - 150 inc VAT Change of Sharer - 120 inc VAT Early Termination - 150 inc VAT Late payment of rent - Interest will be charged at 3% above the Bank of England base rate Guarantor Referencing Fee - 60 inc VAT per guarantor Deed of Guarantee - 50 inc VAT
Please note: The Initial Monies will be confirmed and must be paid by debit card or bank transfer. We are unable to accept cash.
Hamptons International is a member of and covered by the ARLA/Propertymark Client Money Protection Scheme and a member of a redress scheme provided by The Property Ombudsman.
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020 3463 8372