Tenancy Fees

Fees a tenant may be liable to pay during a tenancy and on application to rent a property through FSS.

TENANCY SET UP FEES
Payable on completion of the tenancy
FEEVATTOTAL
Rental under £1,000.00pcm £162.50 £32.50 £195.00
Rental over £1,000.00pcm £200.00 £40.00 £240.00
PART SECURITY DEPOSIT
payable on application to secure property,
subject to contract and references
FEEVATTOTAL
Rental up to £1,000.00     £200.00
Rental up to £2,000.00     £250.00
Rental over £2,000.00     £500.00

The part security deposit will be added to the security deposit payable on completion of the Tenancy Agreement. Should the tenant withdraw their application after credit references have been commissioned, or, should the credit reference checks prove unsuitable and no alternative solution to the tenancy can be agreed (e.g. guarantor, rent in advance etc.) the part security deposit shall be forfeited. Should the landlord withdraw the property from the market after a part security deposit is paid, this will be refunded to the applicant in full.

GUARANTOR REFERENCEFEEVATTOTAL
Per tenant guaranteed £50.00 £10.00 £60.00
INVENTORY CHECK OUTFEEVATTOTAL
No charge £0.00 £0.00 £0.00
Return visit for missed inventory check out appointment £60.00 £15.00 £75.00
TENANCY RENEWAL FEE
at expiry of initial term and thereafter
FEEVATTOTAL
No charge £0.00 £0.00 £0.00
CONTRACT AMENDMENT FEE
prior to commencement of tenancy
FEEVATTOTAL
  £25.00 £5.00 £30.00
ACCOMPANIED CHECK-IN FEEFEEVATTOTAL
  £208.33 £41.67 £250.00
OUT OF HOURS SERVICEFEEVATTOTAL
No Charge £0 £0 £0
UNPAID RENT/RETURNED PAYMENTSFEEVATTOTAL
Interest at 4% above the Bank of England Base Rate from due date
REMOVAL OF ONE TENANT AND SUBSTITUTION
during contract period
FEEVATTOTAL
  £83.33 £16.67 £100.00
FUTURE LANDLORD REFERENCE FEEFEEVATTOTAL
No Charge £0 £0 £0
PROFESSIONAL CLEANING
Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy, to be deducted from the Security Deposit.
FEEVATTOTAL
£20.00 including VAT per hour      
EARLY TERMINATION OF TENANCY
during fixed contract period
FEEVATTOTAL
Managed Property £175.00 £35.00 £210.00

Let Only

     
Rental up to £1,000.00pcm £375.00 £75.00 £450.00
Rental over £1,000.00pcm £500.00 £100.00 £600.00
Rental over £2,000.00pcm £750.00 £150.00 £900.00

Adverts in Ackrill Series of Newspapers (per insert) Managed and Let Only

£45.00 £9.00 £54.00
To Let Board - Managed and Let Only £20.83 £4.17 £25.00

We believe the fees to be reasonable and are a fair reflection of the work involved in providing a Tenancy Service to you throughout the duration of your tenancy with FSS. FSS are members of the Association of Residential Letting Agentsand the Tenancy Deposit Scheme.We belong to the Property Ombudsman Scheme and are membersof the National Federation of Property Professionals Client Money Protection Scheme.

 

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