TENANT FEE
There are NO TENANT ADMINISTRATION FEES. Please note, it is a standard requirement for any Applicant, before moving into a property, to provide at least One Month’s deposit up to a maximum of Five Week’s Equivalent and One Month’s Rent.
NO INVENTORY / SCHEDULE OF CONDITION FEES.
To Reserve a property, potential Tenants are required to pay a Holding Fee (also known as a Reservation Fee) of the equivalent of One Week’s Rent. If for any reason the tenancy does not complete, the Holding Fee will be refunded in full to the Tenant.
If the tenancy completes, the Holding Fee could become part of the Deposit or refunded to the Tenant.
If a Tenant loses a key, the Tenant will be responsible for the cost of a new key (without any markup)
If a Tenant requests a change to the Tenancy and the Landlord consents, then the Tenant will be responsible for £20.83 plus Vat (£25 including Vat) towards the referencing fee and £20.83 plus Vat (£25 including Vat) towards the revision of the Tenancy Agreement. The total amount the Tenant would be required to pay towards this service is £41.67 plus Vat (£50 including Vat)
Should the Tenant wish to leave their contract early, they shall be liable to the Landlord’s costs in re-letting the property 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.
If agreed with the Tenant, then this could be deducted from the deposit. If the amount exceeds the deposit amount, then the Tenant would still be liable.
A Late Rent Penalty fee of 3% (no Vat) above the Bank of England Base Rate could be charged to the Tenant if the Rent is 14 days Late or over.
For Tenant Fees please see above.
For Landlord Fees please see the Landlords section of our website.
For Terms and Conditions please see Terms sections of our website.
Address of Business 170 Greenford Road, Harrow, HA1 3QX to which Documents can be served.
DM&Co is Registered with The Property Redress Scheme (PRS)
