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Tenants Fees

Fees and Terms for Tenants

Tenant fees permitted under the Tenant Fees Act 2019

In addition to paying the rent you may also be required to make the following payments (and not limited to) permitted under the Tenant Fees Act 2019. Deposit is a total of 5 weeks rent.

We require a Holding Deposit of 1 weeks rent. This is required for the property to be removed from the market. This will be deducted (by agreement with you) from your overall tenancy deposit.

Up to £25 per month increase in rent maybe charged per pet should one be permitted. This will be at the Landlords discretion.

Rental payments overdue by more than 14 days will be subject to interest at the rate of 3% over the Bank of England base rate calculated from the date the payment was due up until the date payment is received.

Should you extend your tenancy on a fixed term or periodic basis then a renewal fee of £50 including VAT will be charged.

Contract negotiation, amending terms and updating your tenancy agreement during your tenancy then a charge of £50 including VAT will be charges prior to any amendments happening.

Pay for lost keys, fobs and security devices. If Howell and Co has to arrange this on the Tenants behalf, then £15 including VAT will be payable as well as the cost of keys. fobs and security devices.

£450 including VAT should you wish to terminate your tenancy agreement and vacate the property early (subject to permission from your Landlord/Howell and Co). This will cover the extra administration and costs incurred by the Landlord/Howell and Co. You must be aware you will be liable to pay monthly rent until your agreement is superseded with a new tenancy.

If you pay cash for any rents or deposits, there is a charge for cash handling of £10.00 including VAT. All payments should be paid directly into our bank account. Holding deposit may be paid by debit card.

You will be liable for Utilities such as gas, electric, water and sewerage. Communications such as cable/satellite. Installation of cable or satellite. Subscription to cable or satellite supplier. Telephone and broadband. Television Licence. Council tax.

Tenants deposits are held in the Deposit Protection Scheme (DPS). See our website for details.
Howell and Co is a member of CMP which is a client money protection scheme. See our website for details.
Howell and Co is a member of The Property Redress Scheme (PRS) which is a redress scheme. See our website for details.

Company Let Fees

Application fee £300 including VAT

Holding fee £200 (this goes towards your deposit)

Deposit 1 month’s rent plus an additional £100 including VAT

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