TENANTS FEES AND CHARGES

Permitted Charges in accordance with the Tenants Fee Act 2019 for ASSURED SHORTHOLD TENANCY:

All fees and charges are shown inclusive of VAT:

Holding Deposit (per tenancy)

Equivalent to one weeks rent. The property will be reserved on receipt of the holding deposit into our bank account. – Please Note: This will be withheld if any relevant party withdraw from the tenancy, fail the right to rent check, provide misleading or false information or fail to sign the tenancy agreement within 15 calendar days (or other dead line as mutually agreed in writing).

Tenancy Deposit (per tenancy of rent less than £50,000 per annum)

Five weeks rent. – The tenancy deposit can be used to cover damages or defaults (gas electricity, water, sewage communication services, television licence and council tax) on the part of the tenant during the tenancy

Unpaid Rent

Interest at 3% above the Bank of England base Rate from Rent which is more than 14 days overdue.

Early Termination at the Tenants request

Should the tenant wish to leave their contract early, they shall be liable to the Landlords costs in re-letting the property as well as all rent due until a new contract commences (this will not exceed the maximum amount of rent outstanding on the tenancy).

Lost Key(s) or other Security Device(s)

Tenants are liable for actual cost of replacing any lost key(s) or security device(s). If the loss results in the locks having to be changed the new lock, replacement keys for all parties concerned with be charged to the tenant.

Variation of Contract at the Tenants request (after the commencement of the tenancy)

£72.00

Change of Sharer at the Tenants request

£72.00 per replacement sharer.

NON HOUSING ACT TENANCY, fees (not affected by the Tenant Fee Act 2019)

The property is occupied by a company let rather than an individual

There is a Resident Landlord.


LANDLORDS FEES AND CHARGES
The below fees can be tailor made to your individual requirements please speak to a member of our Lettings Team.

Let Only - 10% plus VAT / 12% inclusive of VAT
Let only service includes marketing the property, carrying out accompanied viewings, obtaining relevant checks on the potential tenants including credit checks and referencing and finalising the tenancy agreement.

Find Only with Rent collect - 12% plus VAT / 14.5% inclusive of VAT
As an additional service we can also offer a monthly rental collection, pursue non payment of rent and provide advise on rent arrears.

Full Management - 15% plus VAT / 18% inclusive of VAT
Full management included all of the above, as well as getting quotes for repairs and arranging for repairs within the property, carrying out routine inspections per annum and notifying the landlord of the outcome.

Tenancy Agreement and Set up Administration
£510.00

Check-in Fee –
1 bedroom property £114.00
2 bedroom property £126.00
3 bedroom property £162.00
4 bedroom property £180.00

Tenancy renewal
£180.00

Guarantor Referencing Fee (per tenant)
£72.00

Legal Name of Business:
Paul Meakin Estate Agents Ltd Trading as: Paul Meakin Estate Agents Ltd

Registered office address of business:
8 Burnell Road, Sutton, Surrey. SM1 4SR 020 8661 1625

Place of registration:
England – Registration number -14589023

We are members of The Tenants Deposit Scheme
We are members of ARLA and The Property Ombudsman
Members of the NFOPP client money protection scheme via ARLA - NAEA

View our Client Money Protection Certificate