Here at Avenue Estates we like to be as honest and transparent as we possibly can, so below you can find a breakdown of any and all fees and costs that you will be responsible for paying before, during and after your tenancy.
As well as paying the rent and security deposit, as agreed in advance, you will also have to pay the following:
BEFORE YOU MOVE IN:
|Tenancy Agreement/Holding Fee||£295.00 (inc VAT) Contract negotiation (amending and agreeing terms) and arranging the tenancy and agreements|
|Reference Fee||£110.00 (inc VAT) Per tenant processing the application and referencing. Anyone over the age of 18 moving into the property will need to pay this fee.|
|Guarantor Fee||£90.00 (inc VAT) Per guarantor (if required) covering referencing and the tenancy agreement|
|Deposit||Equivalent to a month’s rent plus £100.00 (unless otherwise agreed) This will be protected via MyDeposits and may be returned at the end of the tenancy.|
Please note we do not have CMP (Client Money Protection) however deposits are held in a segregated account and protected via MyDeposits
DURING YOUR TENANCY:
|Tenancy Amendment Fee||£264.00 (inc VAT) Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.|
|Tenancy Renewal Fee||£90.00 (inc VAT) Preparation and signing of new tenancy agreements.|
|Reverting to a Periodic Tenancy||£90.00 (inc VAT)|
|Early Termination Fee||£420.00 (inc VAT) Moving out of a property during an agreed term.(please note: early termination is subject to both Avenue Estates and the landlord agreeing to this and as well as the fee rent will be payable until a new tenant moves in or the tenancy agreement ends)|
ENDING YOUR TENANCY:
|Check out Fee||£54.00 (inc VAT) Full assessment of property condition against inventory, collection of keys and arrangement of deposit return.|
OTHER FEES AND CHARGES:
|End of Tenancy Clean||As per the charge of the cleaning company.|
The charge will be deducted from the Security Deposit if this has not been carried out at the end of the tenancy. Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy. Avenue Estates do not make any additional charges for this.
If you have any questions on our fees please feel free to ask a member of our team.
Please note that all fees may vary in the event that Avenue Estates do not Fully Manage the property in question.