Tenant Fees
As well as paying the rent, you may also be required to make the following permitted payments. All the following fees are inclusive of VAT at the current rate, unless otherwise stated.
As well as paying the rent, you may also be required to make the following permitted payments. All the following fees are inclusive of VAT at the current rate, unless otherwise stated.
No Deposit Option
We are partnered with Reposit, providing a nil deposit option, which is only available on properties which are eligible and where the Landlord has agreed to offer the Reposit service. These properties can be identified by the Reposit sticker on the advertising.
(This service is provided by our Deposit Alternative Partner Reposit and payments are made directly to Reposit. Additional fees may apply)
(Payable direct to Reposit on the anniversary of your move in date if you stay longer than a 12 month period.)
Replacement of Tenant Charge £50.00 inc. VAT (net £41.67)
(Admin charge payable direct to Reposit to update Tenant’s details.)
(Payable direct to Reposit if a claim goes to ADR and the adjudicator finds the claim to be wholly in the favour of the Landlord.)
Before the Tenancy starts (payable to John Shepherd Lettings ‘the Agent’) | |
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Holding Deposit (Reservation Fee): | 1 week’s rent |
Security Deposit: | 5 weeks’ rent (6 weeks’ rent on properties with rent more than £50,000 a year). |
During the Tenancy (payable to the Agent) | |
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Payment if you want to change the Tenancy agreement (for example adding a new person to the Tenancy etc.) | £50.00 (net £41.67) |
Payment of interest for the late payment of rent | A rate of 3% above Bank of England base rate. |
Payment of reasonably incurred costs for the loss of keys/security devices | |
Payment of any unpaid rent or other reasonable costs associated with your early termination of the Tenancy/breaking the contract.* |
* The Tenant will be required to give one month’s notice and will be subject to paying the Landlord the equivalent of two month’s rent, along with his reasonable costs incurred in identifying a replacement Tenant.
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Under new legislation, we are not permitted to charge Administration/Application fees to Tenants unless the tenancy is a Non-Housing Act Tenancy. Therefore, the fees below relate purely to Non-Housing Act Tenancies.
Included within your Application Fee; Tenant referencing checks which include affordability, current/previous landlord checks (if applicable), Credit report checks, Immigration Right To rent in the UK validation including Identification checks & preparation, delivery & completion of Tenancy documentation.
One Tenant | £249.60 Inc. VAT (net £208.00) |
Two Tenants | £398.40 Inc. VAT (net £332.00) |
Three or More Tenants or Company | £510.00 Inc. VAT (net £425.00) |
Guarantor | £234.00 Inc. VAT (net £195.00) |
Rental Arrears
Matter Escalated to Legal Advisers
Tenancy Renewal
Miscellaneous
No Deposit Option
We are partnered with Reposit, providing a nil deposit option, which is only available on properties which are eligible and where the Landlord has agreed to offer the Reposit service. These properties can be identified by the Reposit sticker on the advertising.
(This service is provided by our Deposit Alternative Partner Reposit and payments are made directly to Reposit. Additional fees may apply)
(Payable direct to Reposit on the anniversary of your move in date if you stay longer than a 12 month period.)
Replacement of Tenant Charge £50.00 inc. VAT (net £41.67)
(Admin charge payable direct to Reposit to update Tenant’s details.)
(Payable direct to Reposit if a claim goes to ADR and the adjudicator finds the claim to be wholly in the favour of the Landlord.)
*Please note that we are unable to accept payment from American Express Credit Cards*
John Shepherd Lettings are a proud member of Propertymark, which is a client money protection scheme, and we are also a member of The Property Ombudsman which is a redress scheme. You can find out more details on our website or by contacting usr directly.