Fees to Tenants

SUMMARY OF POSSIBLE FEES AND CHARGES TO TENANTS

River Habitat is a member of:
(1) The Property Ombudsman redress scheme
(2) ARLA and the ARLA Client money Protection Scheme

BEFORE YOU MOVE IN:

Administration fee [per tenancy] £240.00 (incl. VAT)

Referencing (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement

Credit Referencing Fee [per Applicant (if required)] £50.00 (incl. VAT)

Covering credit referencing by independent Credit Referencing Agency

Guarantor Fee [per Guarantor(if required)] £50.00 (incl. VAT)

Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement

Pet Deposit [per tenancy (if required)] 2 week’s rent

This is a returnable additional Security Deposit to cover the added risk of property damage. This will be protected with your security deposit in a Government-authorised scheme and may be returned at the end of the tenancy

DURING YOUR TENANCY:

Renewal Fee [per tenancy] £40.00 (incl. VAT)

Contract negotiation, amending/updating terms, arranging a further tenancy and agreement

Unpaid Rent / Returned Payments

(1) £25.00 + VAT per letter/email sent
(2) Interest at 8% above Bank of England Base Rate from date due

In the event that rent is late and River Habitat need to chase Tenant(s) more than twice for unpaid rent

ENDING YOUR TENANCY:

Check out Fee [per tenancy]

Furnished (£/incl. VAT) Unfurnished (£/incl. VAT)

Studio / One bedroom property 100.00 80.00

Two bedroom property 110.00 90.00

Three bedroom property 120.00 100.00

Four bedroom property 130.00 110.00

Each additional room 25.00 15.00

Attending the property by Independent Inventory Clerk to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit(s)

Professional Cleaning [If required]

£ incl. VAT *

One bedroom / one bathroom property 168.00

Two bedroom / one bathroom property 216.00

Two bedroom / two bathroom property 264.00

Three bedroom / two bathroom property 336.00

Four bedroom / three bathroom property 378.00

Five bedroom / four bathroom property 516.00

* Individual quotations may apply in the case of properties left in an extremely dirty condition

Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy.

Early Termination Charges [If applicable]

These will only apply where exiting of the property by the Tenant occurs outside the terms legally specified in the Tenancy Agreement

Administration Fees [chargeable to the exiting Tenant] £280 + VAT

For finding replacement Tenant, drawing up new Tenancy Agreement, liaising with any remaining Tenants in this process, for additional work including the arranging of mid-term checkouts, part refund of deposits and other such work resulting from the premature exit from the property.

Rent due: In order to ensure that the Landlord does not incur financial losses, the exiting Tenant will continue to be responsible for their portion of the rent up to the point where a new tenancy begins.

IF YOU HAVE ANY QUESTIONS ABOUT OUR FEES OR CHARGES PLEASE CONTACT OUR PROPERTY MANAGEMENT DEPARTMENT