Tenancy Fees
We may make the following Permitted Charges:
As well as paying the rent, you may also be required to make the following permitted payments. For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
All prices are inclusive of VAT.
- Hamilton Brooks charges 10% plus VAT for simple Letting Service & 12.5% plus VAT for Full Management.
As well as paying the rent, you may also be required to make the following permitted payments. For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
- Holding deposits (a maximum of 1 week's rent);
- Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above)
- Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs);
- Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence;
- Council tax (payable to the billing authority);
- Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate);
- Reasonable costs for replacement of lost keys or other security devices;
- Contractual damages in the event of the tenant's default of a tenancy agreement; and
- Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.
- Hamilton Brooks are Members of TPO The Property Ombudsman.
- Hamilton Brooks are Members of Money Shield for Client Money Protection.
- Hamilton Brooks are Members of TDS The Tenancy Deposit Scheme ( Custodial)
All prices are inclusive of VAT.
- Hamilton Brooks charges 10% plus VAT for simple Letting Service & 12.5% plus VAT for Full Management.
