Tenant Fees Schedule
Click here to view tenant fees new tenancies
Common Law and Company Let Tenancies
Application for Common Law or Company Let Tenancy: £354 (£295 +VAT)
In connection with referencing and administration work, along with preparation of the tenancy agreement.
Renewal of contract (tenant share): £90 (£75 +VAT)
Per tenancy Contract negotiation, amending and updating terms and arranging for the signing of a further tenancy agreement.
Variation of contract: £60 (£50 +VAT)
To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Occupier / Additional tenants: £300 (250+VAT) / £150 (£125 +VAT)
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Surrender of tenancy: £360 (£300 +VAT)
Should the tenant wish to leave their contract early, and the landlord agree, they shall be liable to the landlord’s costs in re-letting the property. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
If you have any questions about any of these fees, please ask a member of our staff.
INDEPENDENT REDRESS SCHEME https://www.tpos.co.uk/
CLIENT MONEY PROTECTION www.propertymark.co.uk
Professionals or pretenders
When looking to rent a property, it’s so important that you deal with a reputable letting agent who is suitably equipped and qualified to deal with matters appropriately on your behalf.
Always ensure that your agent is a member of ARLA (Association of Residential Lettings Agents), the professional body which regulates the lettings industry.
Why is this so important? Well firstly as part of their membership an agent must adhere to a strict code of professional conduct. Secondly, if for any reason the agent was to cease trading, any deposits or rent paid are automatically protected under a bonded scheme. It’s very similar to using an ABTA agent within the travel industry and means that in such circumstances you would not be out of pocket.
As a member firm of ARLA, Graham Butts is a regulated agent. Unfortunately many other local agents are not affiliated in any way to ARLA, Unregulated agents cannot be held responsible for their actions nor provide any guarantees in terms of rent or deposits which they may receive.
We trade under the name Graham Butt Lettings Ltd
You may want to listen to a short video below from ARLA themselves.
It is a legal requirement (wef 1st April 2019) to belong to an approved Scheme. Please see detailed below Rules of Conduct and Membership.
