Tenant Charges

Under the provisions of the ‘Consumer Rights Act 2015’

The Agent must display the inclusive of VAT charges figures


Kings Lettings Customer [TENANT] Charges (assuming VAT @ 20%)


Pre-Tenancy


Fee (for Agent Expenses [one tenant] which include tenant referencing, production of tenancy agreement (fee shared with Landlord), obtaining safety certificates and required pre-let works.) :

Self-contained Accommodation                                                                      

54% of one month’s rental Inc VAT
per named occupier (plus £30 + VAT
for an additional named occupier in “shared” accommodation)


For example, if a property’s rental is £750pcm, Kings’ charge would be
£337.50 + VAT (total £405)


If that same example property were to be ‘shared’ with two others, Kings’ charge would be
£337.50 + £30 + £30 + VAT (total £477)


Room/Bedsit (using a Lodging Agreement)

£75 + VAT (total £90)

Room/Bedsit (using an AST Agreement)

£250 + VAT (total £300)

Guarantor

£30 + VAT (total £36)

TDS Registration

£25 + VAT (total £30)

Credit Search

£20 + VAT (total £24)

Applicant Withdrawal

£[min]200 + VAT (total £[min]240)

Change of Tenancy Start Date [new documents]

£25 + VAT (total £30)

“Fast Track” Referencing

£125 + VAT (total £150)

Inventory [‘check-in’ charge only]                                         

 Room/Studio/1 Bed – £108 + VAT (total £129.60)
 2 Bedrooms – £120 + VAT (total £144)
 3 Bedrooms – £132 + VAT (total £158.40)
 4 Bedrooms – £156 + VAT (total £187.20)
 5 Bedrooms – £180 + VAT (total £216)
 6 Bedrooms – £210 + VAT (total £252)

During/post Tenancy



Change in Shared Tenancy [new documents]

£150 + VAT (total £180)

                                                  [Referencing fee]

£30 + VAT (total £36)

Tenancy Renewal [extension] Documentation

£40/£55 + VAT (total £48/£66)

Early Termination

£20 + VAT (total £24)

Change in Early Termination Date

£20 + VAT (total £24)

For arranging Cleaning

£20 + VAT (total £24)

10% + VAT Fee for Dilapidations [bills over £30]

E.g. £30 bill charge: £3 + VAT (total £3.60)

Ex-Tenant Reference request

£20 + VAT (total £24)

Breach of Tenancy Letter

£20 + VAT (total £24)

Returned/Refused Bank Payments

£20 +VAT (total £24) per payment

Debt Collection Agent

Abortive Property Visit 

£50 + VAT (total £60)

£24 + VAT (total £28.80)