Pre-Tenancy Fees & Charges (Terms & Conditions): The Fees & Charges that you will need to pay before you move into a property with Barrain Property Advisors will be as follows.
Holding Deposit (per tenancy): One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person withdraws from the tenancy.
Rent: Paid in advance per month. Where rent is paid in advance this will be for a maximum of five months paid upfront.
Security Deposit (per tenancy)- Rent under £50,000 per year: Five weeks’ rent to include the holding deposit. This covers damages or defaults on the part of the tenant during the tenancy.
Default Fee’s for lost keys: £30 per key that requires cutting, and £50 per security key/fob.
Unpaid Rent: The landlord reserves the right to charge interest (calculated from day to day) at 3% over the Bank of England base rate on late payments and the landlord may recover the interest as though it were rent.
Amendments to the tenancy terms: Should you wish to make any changes or amendments to the terms of the agreement once the tenancy has started then, dependent upon your landlord agreeing, we will draw up an addendum to the agreement. (Addendum – £50 + VAT)
Change of occupancy (Tenant’s Request): £100 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher to cover the costs associated with taking landlords instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenants Request): Should the tenant wish to leave their contract early; they shall 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 be no more than the maximum amount of rent outstanding on the tenancy.
If you any questions on our fees, please contact on: enquiry@barrain.co.uk
Barrain Property Advisors is a member of CMP which is a client money protection scheme, and also a member of The Property Redress Scheme (PRS). You can find out more details on the agent’s website or by contacting the agent directly.
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