1st Avenue, London
Commercial Unit 6, 128 Metcalfe Court, West Parkside, London, SE10 0EL
No jargon. No hidden fees. Just stellar, transparent service from valuation to completion. Understand the market value to make an informed decision with expert advice from one of London's best, and most respected estate and letting agents.
We are certified and accredited by Property Mark and are members of the TPOS
We are a member of The Propertymark Client Money Protection (CMP)
Tenant Fees Act 2019 – Permitted Payments
Under the Tenant Fees Act 2019, the only payments that can be charged to a tenant are:
• Rent
• Refundable tenancy deposit
(capped at 5 weeks’ rent, or 6 weeks’ rent where annual rent exceeds £50,000)
• Refundable holding deposit
(capped at 1 week’s rent)
• Changes to the tenancy requested by the tenant
(capped at £50, or reasonable costs if higher)
• Early termination of the tenancy requested by the tenant
(costs must not exceed the landlord’s loss or reasonable agent costs)
• Payments for utilities, communication services, TV licence and council tax
(if not included in the rent)
• Default payments
(for late rent after 14 days interest is chargeable at 3% and replacement of lost keys/security devices is the cost of replacement and key cutting, where allowed in the tenancy agreement)
“No other fees are permitted under the Tenant Fees Act 2019.”
Landlord Fees
Set Up & Letting Fees
• Landlord AML Check: £24
• Referencing, Administration & Right to Rent Checks: £192
• Tenancy Agreement: £204
• Check-In / Check-Out: £126
________________________________________
🔹 Compliance & Safety Certificates
• EPC (Energy Performance Certificate): £124.80
• Gas Safety Certificate: £120
• Electrical Safety (EICR):
o 1 bed: £180
o 2 bed: £210
o 3+ bed: £240
• Licensing Application Support: £600
________________________________________
🔹 Rent Protection
• Monthly (cancel at any time):
o £0 – £500 rent: £31.50
o £500.01 – £1,000: £33.00
o £1,001 – £1,500: £36.00
o £1,501 – £2,000: £37.50
o £2,001 – £3,000: £40.50
£3,000+: 3%
• Deposit Protection & Handling: £12 PCM
________________________________________
🔹 Maintenance & Additional Services
• Property Inspections: £78
• Overseeing Maintenance (over £5,100): 6%
• Purchase Surcharge (materials/works):12%
• Co-ordinating Insurance Claims: 10% - 12%
________________________________________
🔹 Agency & Legal Services
• Service of Notices: £84
• Rent Review (informal): £108
• Rent Review (Section 13): £204
• Preparation for Rent Review Tribunal: £135
• Preparation for Possession Proceedings: £360
• Court Attendance (per day): £120
________________________________________
🔹 Tax & Financial Administration
• NRL Admin (no HMRC approval): £288
• NRL Annual Return: £70 + VAT £84
• Landlord Tax Statements: £84
• Duplicate Statements: £12
________________________________________
🔹 Withdrawal Fee
• Withdrawal after offer agreed:
£546
o 6 months’ let-only commission (capped at £765 + VAT / £918 inc. VAT)
A full schedule of fees is available on our website www.1stavenue.co.uk or by e-mail. These fees apply where services are instructed and will be confirmed in writing prior to work commencing.
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Looking to let? Speak to our local experts today
Our branch & network
Our office
London
Commercial Unit 6, 128 Metcalfe Court, West Parkside, London, SE10 0EL
Offices in our network (1)
Surrey
5 Saffron Central Square, Wellesley Road, Croydon, Surrey, CR0 2FT
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