At Fairway Residential Lettings, we will help you to find a suitable home to rent. Our friendly and professional staff are on hand to answer your questions and help you through the process.
All charges are inclusive of VAT @ 20%
|Tenancy Deposit||5 week's rent, refundable. If rental income >£50,000 per annum, then 6 week's rent applies.
(monthly rent x 12 / 52 weeks x 5 = 5 week’s)
|Holding Deposit||Refundable. If you'd like to reserve a property, the refundable holding deposit is capped at 1 week’s rent.
( monthly rent x 12 / 52 weeks = 1 week)
|Changes to AST||£48.00 fee for Novation, Variation of Assignment of Contract (Changes to AST).|
|Surrender of Tenancy||£180.00 (+ Rent) fee. This Surrender of Tenancy fee covers the landlord’s costs for re-letting the property and all rent outstanding until a new tenant is found (up to the maximum outstanding rent on the tenancy).|
|Late Rent Payment||The fee for late rent payment after 14 days where rent was overdue is capped at 3% above the Bank of England Base Rate.|
|Lost Keys etc.||The cost for lost keys or other respective security devices equals the cost of their replacement.|
|Utilities.||Tenants are responsible for all utility charges including: Gas, Electric, Water, Council Tax, TV Licence etc.|
NB. All fees are subject to change without notice
Fairway Residential Lettings Ltd are members of the Propertymark, Client Money Protection Scheme.