Fee Structure
Tenant Permitted Fees
A refundable Holding Deposit of no more than one week s rent
A holding Deposit is a payment made by a tenant to a landlord (or to an agent acting on the landlord s behalf) to reserve that property
A refundable Tenancy Deposit
Up to 5 weeks rent per tenancy with Rent under £50,000.00 PA
Up to 6 weeks rent per tenancy with Rent of or over £50,000.00 PA
A Tenancy Deposit is money held by the landlord (or agent acting on the landlord s behalf) as security during the period of the tenancy & reserved for any damages or defaults by the tenant. Tenancy Deposits are held in accordance with the Deposit protection scheme
Rent: Payment to a landlord for the use of the property
Payments in the event of a default: Landlords and letting agents may require a tenant to make a payment in the event of a default/Breach of Tenancy (e.g anti-social behaviour, damaged caused by Tenant, unpaid Rent, Lost Key). The amount charged cannot exceed the loss suffered by landlord or Agent
Unpaid Rent
If rent is outstanding more than 14 days, Interest at 3% above Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent
Lost Keys or other Security Devices
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 & replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant
Charging to vary a tenancy
When a tenant has requested it, landlords & agents can charge to vary, assign or replace a tenancy. Such fees are capped at £50 unless the landlord can demonstrate that greater costs were incurred
Payment on termination of a tenancy: Agents & landlords can require a tenant to make a payment for an early termination of the tenancy agreement at the tenant s request. The payment cannot exceed the loss suffered by the landlord or reasonable costs incurred by the letting agent
Payments for provision of utilities
Agents & landlords are permitted to charge tenants fees associated with utilities, such as electricity, gas or other fuel, water or sewerage, if this is clear in the tenancy agreement
Council Tax payments: Letting agents & landlords may require tenants to pay the Council Tax on the property they rent
Payments for television licence: A payment that a tenant is required to make to have a television licence is a permitted payment if the tenant is required by the tenancy agreement to make the payment
Communication services: Agents & landlords are permitted to charge tenants fees associated with communication services, such as telephone (other than a mobile) internet,cable/satellite television, if this is clear in the tenancy agreement
Landlord Fees : Property Management from 10% + VAT (Total 12%) of a Monthly Rental
Let Only Service for Sole Agency from 50% + VAT (Total 60%) of 1 months Rental (Minimum fee of £400.00 + VAT (Total £480.00)) & Joint Agency from 75% + VAT (Total 90%) of 1 months Rental Minimum fee of £600.00 + VAT (Total £720.00)
Contract Renewal or Part Change of Tenancy Service from 40% +VAT (Total 48%) of 1 months Rental (Minimum fee of £300.00 + VAT) (Total £360.00) Referencing Service from £35.00 + VAT (£42.00) per person

1 Bedroom Student Flats To Let in Bristol