Tenant Charges
VAT is charged @ 20% where applicable Inc. VAT
To be paid when making an offer for an AST, Non-AST and Short Lets
Holding deposit *per tenancy equal to one weeks rent to be deducted from the security deposit.
*please ask to see the conditions on the holding deposit receipt form as to whether all or part of the above will be refunded should the tenancy not proceed.
To be paid prior to tenancy starting
Initial rent plus security deposit (less holding deposit ** above)
Tenancy deposit
- For AST’s with annual rent of under £50,000 equivalent of 5 weeks rent - For AST’s with annual rent above £50,000 equivalent of 6 weeks rent - All other tenancies as agreed between parties
- For Non-AST’s with annual rent of over £100,000 equivalent of 6 weeks rent
- For all Short Lets’ equivalent of 6 weeks rent
** the holding deposit will be offset against the rental payment if the application is successful.
Addendum
Change or amendment to terms during tenancy, requested by tenant (AST’s) £50 As above (all other tenancies) £120
Change of sharer during tenancy (AST’s)
(This subject to landlord approval and treated as a new tenancy) £50
Change of sharer during a tenancy (all other tenancies)
Referencing charge per individual applicant or guarantor £60 Inventory check £130 Tenancy deposit protection administration £60
Late rental payments
Arrears charged at 3% above Bank of England base rate
(Levied from the 14th day of arrears period but charged from 1st day of arrears period)
Jefferies James is a member of the property ombudsman redress scheme and the money shield client money protection scheme.