Tenancy Fees.
The fees below set out our charges to landlords and the payments we are permitted to request from tenants under the Tenant Fees Act 2019. Please contact your local Clarendons office if you would like anything explained in more detail.
Landlord Fees
Fully Managed – 15% + VAT
Let & Rent Collection – 10% + VAT
Additional fees
- To draw up a tenancy agreement £300.00
- To reference each tenant and guarantor £99.00
- Administration fee for the registering of the security deposit £60.00
- Inventory and check in report from £210.00
- Check out report from £186.00
- Landlords Rent Guarantee Warranty from £360.00pa
- To carry out the annual Gas Safety Certificate from £120.00
- To carry out the Electrical Installation Condition Report (EICR) from £250.00
- To carry out a Portable Appliance Test (PAT) from £108.00
- To carry out an Energy Performance Certificate (EPC) from £120.00
- To supply a smoke alarm from £50.00 per alarm
- To supply a carbon monoxide alarm from £30.00 per alarm
- To draw up and serve a Section 8 Notice £150.00
- To draw up and serve a Section 13 Notice £120.00
- To manage the deposit return process if non-managed £125.00
- Key cutting £10.00 excluding the cost of the keys
- Inspections if non-managed or in addition to agreement £60.00
- Amendments to tenancy agreements or terms of business £60.00
- Landlord withdrawal once tenancy agreed if property not relet £300.00
- Court attendance £150.00 per hour
- Submission of NRL to HMRC £50.00 per quarter
- To apply for a landlord licence on your behalf £250.00
- To apply for an HMO licence on your behalf £500.00
Other charges may include, but are not limited to, processing insurance claims, redirecting mail, supervision of major renovations, overseas telephone calls, tax service and dealing with statutory and lenders' notices. Charges will be levied for any work required in evicting tenants or pursuing arrears of rent at our discretion.
These charges are subject to review at our discretion and may be increased on one month's written notice. Unless stated otherwise, all fees and charges are inclusive of VAT where applicable.
Tenant Fees
In line with the Tenant Fees Act 2019, the only payments we can ask tenants for are:
- Rent: The rent as set out in the tenancy agreement.
- Holding Deposit: Capped at 1 week's rent to reserve a property.
- Tenancy Deposit: Capped at 5 weeks' rent (or 6 weeks' rent where the annual rent is £50,000 or more).
- Default Fees: Capped at the Bank of England base rate + 3% for rent that is 14 or more days late, and the reasonable costs of replacing lost keys or security devices.
- Tenancy Changes: Up to £50 for a variation, assignment or novation of a tenancy requested by the tenant.
Clarendons Property Consultants Ltd is a member of a Government approved Client Money Protection scheme (safeagent) and The Property Ombudsman redress scheme.
