Tenant Fees

Once you have had an offer accepted by a Landlord there are various procedures and requirements that need to be undertaken in order to prepare the Tenancy.  Below we set out the costs and charges applicable to you as a Tenant in progressing your application from offer stage to Tenancy.

Housing Act Tenancies

Rented by individuals as their main home at £1923.07 per week or less.

Rent
The agreed rent payable throughout the term
Holding Deposit
The amount payable to reserve the property
1 week’s rent
Tenancy Deposit
The security deposit held for the duration of the tenancy
5 or 6 week’s rent
Fees and Charges
Where applicable, the following charges will be payable:
Change of Occupier
Deed of Assignment
£50 incl. VAT
Change of Tenancy Terms
Deed of Variation
£50 incl. VAT
Ending Tenancy Early
Deed of Surrender
£50 incl. VAT
Late Rent Payments
Interest at 3% above Bank of England base rate after 14 days
Lost Keys
Reasonable costs for replacement of keys and locks

Non-Housing Act Tenancies

Companies and/or not their main home and/or £1923.08 per week or more.

Rent
The agreed rent payable throughout the term
Holding Deposit2 week’s rent
Tenancy DepositUsually 6-8 week’s rent*
Tenancy Agreement£360 incl. VAT
Renewal Tenancy Agreement
£360 incl. VAT
Renewal Memorandum of Agreement£180 incl. VAT
References per Tenant£54 incl. VAT
References per Company£108 incl. VAT
Change of Occupier
Deed of Assignment
£150 incl. VAT
Change of Tenancy Terms
Deed of Variation
£150 incl. VAT
Ending Tenancy Early
Deed of Surrender
£150 incl. VAT

* Subject to contract.

Membership

MyLondonHome is a member of The Association of Residential Letting Agents (ARLA), the National Association of Estate Agents (NAEA) and The Property Ombudsman (TPO).

Client Money Protection

As members of ClientMoney Protect, our client accounts undergo regular audits, ensuring stringent safeguards are in place. For your peace of mind, a copy of our updated certificate and the comprehensive rules governing our Client Money Protection procedures are available below.

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