Tenant Fees & Charges

At Chadwicks Estate Agents, we follow the Tenant Fees Act 2019 and are committed to transparency about all tenancy-related fees.

FAQs

Q: Are there different fees for tenancies started before 1st June 2019?
A: Yes. For tenancies before this date, please contact our office for details of any applicable tenant fees.

Q: What fees apply for tenancies starting on or after 1st June 2019?
A: You will receive our Tenant Terms of Business and your Tenancy Agreement, outlining all fees payable before, during, and after your tenancy, including rent and deposit details.

Q: What is a holding deposit and how much is it?
A: The holding deposit is equal to one week’s rent. It reserves the property while your application is processed. It may be withheld if you or a guarantor withdraw, fail a Right-to-Rent check, provide false information, or don’t sign the tenancy agreement within 15 days (or an agreed deadline).

Q: How much is the security deposit?
A:

• Five weeks’ rent if the annual rent is under £50,000

• Six weeks’ rent if the annual rent is £50,000 or more

Q: What happens if I lose my keys?
A: Tenants cover the full cost of replacing lost keys or security devices. If locks must be changed, this includes locksmith fees, new locks, and replacement keys. A labour charge of £15 per hour (inc. VAT) also applies.

Q: Are there fees for changing the tenancy?
A: Yes. Variations to the contract cost £50 + VAT each. Changing a sharer costs £50 + VAT per new tenant and covers referencing, Right-to-Rent checks, and paperwork.

Q: Can I end my tenancy early?
A: If you request early termination, you’re responsible for the landlord’s reasonable re-letting costs plus rent until a new tenant moves in. These won’t exceed the remaining rent owed.

If you have more questions about fees or your tenancy, please contact us — we’re happy to assist.

Fees and Charges

For tenancies entered into before 1st June 2019, please contact our office for details of the tenant fees applicable.

For tenancies beginning on or after the 1st June 2019, you will receive a copy of our Tenant Terms of Business which, together with your tenancy Agreement, details everything which will become payable before, during and after the tenancy. This will include confirmation of the agreed rent and the deposit.

Below is a list of our current permitted payments:

This reserves the property whilst your application is being processed. Please Note: your holding deposit will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

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 and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

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.

If the tenant applies to leave their contract early, they will be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will not exceed the maximum amount of rent outstanding on the tenancy.

Tenant Fees & Charges

At Chadwicks Estate Agents, we follow the Tenant Fees Act 2019 and are committed to transparency about all tenancy-related fees.

FAQs

Q: Are there different fees for tenancies started before 1st June 2019?
A: Yes. For tenancies before this date, please contact our office for details of any applicable tenant fees.

Q: What fees apply for tenancies starting on or after 1st June 2019?
A: You will receive our Tenant Terms of Business and your Tenancy Agreement, outlining all fees payable before, during, and after your tenancy, including rent and deposit details.

Q: What is a holding deposit and how much is it?
A: The holding deposit is equal to one week’s rent. It reserves the property while your application is processed. It may be withheld if you or a guarantor withdraw, fail a Right-to-Rent check, provide false information, or don’t sign the tenancy agreement within 15 days (or an agreed deadline).

Q: How much is the security deposit?
A:

• Five weeks’ rent if the annual rent is under £50,000

• Six weeks’ rent if the annual rent is £50,000 or more

Q: What happens if I lose my keys?
A: Tenants cover the full cost of replacing lost keys or security devices. If locks must be changed, this includes locksmith fees, new locks, and replacement keys. A labour charge of £15 per hour (inc. VAT) also applies.

Q: Are there fees for changing the tenancy?
A: Yes. Variations to the contract cost £50 + VAT each. Changing a sharer costs £50 + VAT per new tenant and covers referencing, Right-to-Rent checks, and paperwork.

Q: Can I end my tenancy early?
A: If you request early termination, you’re responsible for the landlord’s reasonable re-letting costs plus rent until a new tenant moves in. These won’t exceed the remaining rent owed.

If you have more questions about fees or your tenancy, please contact us — we’re happy to assist.

Tenant Fees & Charges

At Chadwicks Estate Agents, we follow the Tenant Fees Act 2019 and are committed to transparency about all tenancy-related fees.

FAQs

Q: Are there different fees for tenancies started before 1st June 2019?
A: Yes. For tenancies before this date, please contact our office for details of any applicable tenant fees.

Q: What fees apply for tenancies starting on or after 1st June 2019?
A: You will receive our Tenant Terms of Business and your Tenancy Agreement, outlining all fees payable before, during, and after your tenancy, including rent and deposit details.

Q: What is a holding deposit and how much is it?
A: The holding deposit is equal to one week’s rent. It reserves the property while your application is processed. It may be withheld if you or a guarantor withdraw, fail a Right-to-Rent check, provide false information, or don’t sign the tenancy agreement within 15 days (or an agreed deadline).

Q: How much is the security deposit?
A:

• Five weeks’ rent if the annual rent is under £50,000

• Six weeks’ rent if the annual rent is £50,000 or more

Q: What happens if I lose my keys?
A: Tenants cover the full cost of replacing lost keys or security devices. If locks must be changed, this includes locksmith fees, new locks, and replacement keys. A labour charge of £15 per hour (inc. VAT) also applies.

Q: Are there fees for changing the tenancy?
A: Yes. Variations to the contract cost £50 + VAT each. Changing a sharer costs £50 + VAT per new tenant and covers referencing, Right-to-Rent checks, and paperwork.

Q: Can I end my tenancy early?
A: If you request early termination, you’re responsible for the landlord’s reasonable re-letting costs plus rent until a new tenant moves in. These won’t exceed the remaining rent owed.

If you have more questions about fees or your tenancy, please contact us — we’re happy to assist.

Tenant Fees & Charges

At Chadwicks Estate Agents, we follow the Tenant Fees Act 2019 and are committed to transparency about all tenancy-related fees.

FAQs

Q: Are there different fees for tenancies started before 1st June 2019?
A: Yes. For tenancies before this date, please contact our office for details of any applicable tenant fees.

Q: What fees apply for tenancies starting on or after 1st June 2019?
A: You will receive our Tenant Terms of Business and your Tenancy Agreement, outlining all fees payable before, during, and after your tenancy, including rent and deposit details.

Q: What is a holding deposit and how much is it?
A: The holding deposit is equal to one week’s rent. It reserves the property while your application is processed. It may be withheld if you or a guarantor withdraw, fail a Right-to-Rent check, provide false information, or don’t sign the tenancy agreement within 15 days (or an agreed deadline).

Q: How much is the security deposit?
A:

• Five weeks’ rent if the annual rent is under £50,000

• Six weeks’ rent if the annual rent is £50,000 or more

Q: What happens if I lose my keys?
A: Tenants cover the full cost of replacing lost keys or security devices. If locks must be changed, this includes locksmith fees, new locks, and replacement keys. A labour charge of £15 per hour (inc. VAT) also applies.

Q: Are there fees for changing the tenancy?
A: Yes. Variations to the contract cost £50 + VAT each. Changing a sharer costs £50 + VAT per new tenant and covers referencing, Right-to-Rent checks, and paperwork.

Q: Can I end my tenancy early?
A: If you request early termination, you’re responsible for the landlord’s reasonable re-letting costs plus rent until a new tenant moves in. These won’t exceed the remaining rent owed.

If you have more questions about fees or your tenancy, please contact us — we’re happy to assist.

Tenant Fees & Charges

At Chadwicks Estate Agents, we follow the Tenant Fees Act 2019 and are committed to transparency about all tenancy-related fees.

FAQs

Q: Are there different fees for tenancies started before 1st June 2019?
A: Yes. For tenancies before this date, please contact our office for details of any applicable tenant fees.

Q: What fees apply for tenancies starting on or after 1st June 2019?
A: You will receive our Tenant Terms of Business and your Tenancy Agreement, outlining all fees payable before, during, and after your tenancy, including rent and deposit details.

Q: What is a holding deposit and how much is it?
A: The holding deposit is equal to one week’s rent. It reserves the property while your application is processed. It may be withheld if you or a guarantor withdraw, fail a Right-to-Rent check, provide false information, or don’t sign the tenancy agreement within 15 days (or an agreed deadline).

Q: How much is the security deposit?
A:

• Five weeks’ rent if the annual rent is under £50,000

• Six weeks’ rent if the annual rent is £50,000 or more

Q: What happens if I lose my keys?
A: Tenants cover the full cost of replacing lost keys or security devices. If locks must be changed, this includes locksmith fees, new locks, and replacement keys. A labour charge of £15 per hour (inc. VAT) also applies.

Q: Are there fees for changing the tenancy?
A: Yes. Variations to the contract cost £50 + VAT each. Changing a sharer costs £50 + VAT per new tenant and covers referencing, Right-to-Rent checks, and paperwork.

Q: Can I end my tenancy early?
A: If you request early termination, you’re responsible for the landlord’s reasonable re-letting costs plus rent until a new tenant moves in. These won’t exceed the remaining rent owed.

If you have more questions about fees or your tenancy, please contact us — we’re happy to assist.