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Fulham & Battersea Tenant Fees

ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):

BEFORE YOU MOVE IN:

Holding Deposit (per tenancy):

One weeks rent. This is to reserve a property. Please note: This will be withheld if any relevant person (including guarantor(s)) withdraw from the tenancy, fail a Right to rent check, provide materially significant, false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other deadline for Agreement as mutually agreed in writing).


Security Deposit (bond) (per tenancy if rent under £50,000 per year):

Five Weeks’ rent to cover damages or defaults of the tenant during the tenancy.


Security Deposit (bond) (per tenancy if rent of £50,000 per year or over):

Six Weeks’ rent to cover damages or defaults of the tenant during the tenancy.

DURING YOUR TENANCY:

Unpaid Rent:

interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please note this will not be levied until the rent is more than 14 days in arrears.

OTHER FEES AND CHARGES

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

Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc VAT) for the time taken replacing lost key(s) or other security device(s).


Variation of Contract (Tenant’s request):

£50 (inc VAT) per agreed variation. To cover the costs associated with taking landlord instructions as well as the preparation and execution of new legal documents.


Change of Sharer (Tenant’s request):

£50 (inc VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking the landlord’s instructions, new tenant referencing and Right to Rent checks, deposit registration as well as the preparation and execution of new legal documents.


Early Termination (Tenant’s request):

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 the rent outstanding on the tenancy.


IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF


Balham, Clapham & Furzedown Landlord Fees

ADDITIONAL NON-OPTIONAL FEES AND CHARGES (IRRESPECTIVE OF LEVEL OF SERVICE):

BEFORE YOU MOVE IN:

Holding Deposit (per tenancy)

One weeks rent. This is to reserve a property. Please note: This will be withheld if any relevant person (including guarantor(s)) withdraw from the tenancy, fail a Right to rent check, provide materially significant, false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other deadline for Agreement as mutually agreed in writing).


Security Deposit (bond) (per tenancy if rent under £50,000 per year) 

Five Weeks’ rent to cover damages or defaults of the tenant during the tenancy.


Security Deposit (bond) (per tenancy if rent of £50,000 per year or over) 

Six Weeks’ rent to cover damages or defaults of the tenant during the tenancy.

DURING YOUR TENANCY:

Unpaid Rent 

interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please note this will not be levied until the rent is more than 14 days in arrears plus Overdue rent payments of £30.00 (Per week)

OTHER FEES AND CHARGES

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

Lost Key Fee:

£30 (inc VAT) arrangement fee plus cost of item

Lost Security Items (Banham Keys/Fobs):

£90 per hour (inc VAT) plus cost of item

· Obtaining necessary permissions, sourcing providers and travel costs


Variation of Contract (Tenant’s request) 

£50 (inc VAT) per agreed variation. To cover the costs associated with taking landlord instructions as well as the preparation and execution of new legal documents


Change of Sharer (Tenant’s request) 

£50 (inc VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking the landlord’s instructions, new tenant referencing and Right to Rent checks, deposit registration as well as the preparation and execution of new legal documents.


Early Termination (Tenant’s request) 

Should the tenant wish to leave their contract early, they shall be liable for the following:

· Full rent until the day before the new Tenancy commences,

· The Letting fee for the unexpired period of the Tenancy (This fee is non negotiable and covers Aspire’s costs for the advertising and sourcing suitable Tenants for the Property).

· Inventory and Check In and Check Out report for the new Tenancy (As we use an independent Inventory Clerk any price quoted can be expected to rise by the amount of inflation over the term of the Tenancy. Such costs will be sent to you within the termination letter).

· TDS registration Fee (the cost to register the new deposit).

· Landlord administration fee.


IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF

Client Testimonials

The exceptional rental value they achieved for our family home is a reflection of their professional expertise and knowledge of the local area. A genuine local estate agent.

Susannah B

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Client Testimonials

As a landlord of over 20 diverse properties in South London, I expect an expert, reliable and efficient service across all offices. Aspire exceed my expectation at every step. They are outstanding.

Nigel G

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Client Testimonials

Aspire know their business exceptionally well. They’re right on the button with the current market, and despite local competition, they’re leading from the front.

Caroline B

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