CBRE Limited

Permitted Charges in accordance with the Tenant Fee Act 2019 (from 1st June 2019)

Assured Shorthold Tenancy (AST)

Holding Deposit
- Maximum one week's rent - paid towards first month's rent if tenancy agreement signed in association of tenant's confirmation
Tenancy Deposit
- equivalent to 5 weeks if annual rent is less than £50,000 or equivalent to 6 weeks if annual rent is more than £50,000
First month's rent
- In advance
Early termination requested by the tenant - A charge not exceeding the financial loss suffered by the landlord in permitting the tenant to leave early
Late Rent
- Interest charged at 3% above Bank of England base rate, when rent is more than 14 days late
Lost key or security device
- Equivalent to cost incurred
Changing the tenancy documents (after the commencement of the tenancy)
- £41.67 + VAT (£50 inc. VAT)

Charges which are not affected by the Tenant Fee Act 2019

Non Housing Act Tenancy (NHA)

Tenancy Deposit
- equivalent to 6 weeks
Tenancy Agreement Fee
- £275 + VAT (£330 inc VAT)
Referencing Fee
- £50 + VAT per person (£60.00 inc VAT)
Guarantor Fee
- £50 + VAT per person (£60.00 inc VAT)
Inventory Check-out Fee
- £130 + VAT (£156 inc VAT)
Early termination requested by the tenant
- A charge not exceeding the financial loss suffered by the landlord in permitting the tenant to leave early
Late Rent
- Interest charged at 3% above Bank of England base rate, when rent is more than 14 days late
Lost key or security device
- Equivalent to reasonable cost of replacement
Renewal Agreement or Memorandum
- £200 + VAT (£240 inc VAT)
Amendment to the Agreement
- £125 + VAT (£150 inc VAT)
Changing or assigning a tenancy requested by the tenant
- £175 + VAT (£210.00 inc VAT)

CBRE Limited is a member of the following: Tenancy Deposit Scheme (TDS), Property Redress Scheme (PRS), (Royal Institution of Chartered Surveyors), RICS CMP (RICS Client Money Protection)

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