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Our Services For Landlords Request your FREE property valuation Compliance & Preparing For Your Tenancy Landlords Identification Requirements Current Promotions Interested in Property Management? Rent & Legal Protection Service Nil Deposit Scheme for Landlords Our Fees for landlords High Yielding Investment Properties New Homes Division Mortgage advice for landlords View Previously Sold PropertiesLooking to sell?
Our guide to selling your property Successful selling with Open House events Request your FREE property valuation Off-Market Property Search Thornley Groves Collection New Homes Division EPC reports Mortgage advice What do our customers say? View previously sold properties Stamp duty calculator Current PromotionsLandlords
Our Services For Landlords Request your FREE property valuation Compliance & Preparing For Your Tenancy Landlords Identification Requirements Current Promotions Interested in Property Management? Rent & Legal Protection Service Nil Deposit Scheme for Landlords Our Fees for landlords High Yielding Investment Properties New Homes Division Mortgage advice for landlords View Previously Sold PropertiesLooking to buy?
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Prices and Charges Correct as of 2 July 2020 but Subject to Change
Assured Shorthold Tenancies | |||
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Permitted Payments | |||
Before the Tenancy Starts | |||
Holding Deposit (Reservation Fee) | 1 Week's Rent | ||
Security Deposit | 5 Weeks' Rent (6 Weeks' Rent on Properties With Rent More Than £50,000.00 a Year) |
||
During the Tenancy | |||
Variation, Novation or Assignment of the Tenancy Agreement | £50.00 inc. VAT (net £41.67) | ||
Rent Outstanding for 14 Days or More | 3% Daily Interest Rate (above Bank of England Base Rate) |
||
Payment of incurred costs for the loss of keys/security devices | |||
Payment of any Unpaid Rent or Other Costs Associated with Your Early Termination of the Tenancy/Breaking the Contract* | |||
*The Tenant will be required to give 1month's notice and will be subject to paying the Landlord the equivalent of 2 month's rent, along with his reasonable costs incurred in identifying a replacement Tenant. |
|||
Nil Deposit Scheme - Reposit* | |||
Initial Charge (One-off, non-refundable service charge payable direct to Reposit.) |
1 Week's Rent | ||
Annual Extension Charge (Payable direct to Reposit on the anniversary of your move in date if you stay longer than a 12 month period.) |
£30.00 inc. VAT (net £25.00) | ||
Replacement of Tenant Charge (Admin charge payable direct to Reposit to update Tenant’s details.) |
£50.00 inc. VAT (net £41.67) | ||
ADR Charge (Alternative Dispute Resolution) (Payable direct to Reposit if a claim goes to ADR and the adjudicator finds the claim to be wholly in the favour of the Landlord.) |
£60.00 inc. VAT (net £50.00) | ||
Other Permitted Payments | |||
Any other permitted payments, not included in the above table, under the relevant legislation including contractual damages. | |||
Non-Housing Act Tenancies 1988 (e.g. Company Let Tenancy) | |||
Under new legislation, we are not permitted to charge fees to Tenants unless the Tenancy is a Non-Housing Act Tenancy, e.g a Company Tenancy. | |||
Administration/Application Included within your Application Fee; Tenant Referencing checks which include affordability, current/previous Landlord checks (if applicable), Credit Report Checks, Immigration Right To Rent in the UK validation including Identification checks and preparation, delivery and completion of Tenancy documentation. |
|||
North/South Manchester | 1 Tenant £249.60 inc. VAT (net £208.00) 2 Tenants £398.40 inc. VAT (net £332.00) 3+ Tenants or Company £510.00 inc. VAT (net £425.00) Guarantor £234.00 inc. VAT (net £195.00) |
||
Manchester City Centre | 1 Tenant £280.00 inc. VAT (net £233.33) 2 Tenants £450.00 inc. VAT (net £375.00) 3+ Tenants or Company £595.00 inc. VAT (net £495.83) Guarantor £255.00 inc. VAT (net £212.50) |
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Rental Arrears | |||
Rent Outstanding for 14 Days or More | 3% Daily interest Rate (above Bank of England Base Rate) | ||
Rent Outstanding for 14 Days or More | £54.00 inc. VAT (net £45.00) Per Week Until Rent Balance is Clear | ||
Non-Payment of Standing Order or Returned Cheque | £54.00 inc. VAT (net £45.00) | ||
Letter or Email Sent in Respect of Outstanding Rent | £54.00 inc. VAT (net £45.00) | ||
Property Visit in Respect of Outstanding Rent | £54.00 inc. VAT (net £45.00) | ||
Matter Escalated to Legal Advisors | £54.00 inc. VAT (net £45.00) Charge for Each Letter Sent | ||
Tenancy Renewal | |||
Tenancy Extension/Renewal | £216.00 inc. VAT (net £180.00) | ||
Miscellaneous | |||
Change of Tenancy Commencement Date Prior to Start of Tenancy (If the Tenancy paperwork has already been prepared by the Agent and distributed.) | £30.00 inc. VAT (net £25.00) | ||
Property Alterations - Variation of the Tenancy Agreement | £99.00 inc. VAT (net £82.50) | ||
Any Other Variation, Assignment or Novation of the Tenancy | £294.00 inc. VAT (net £245.00) | ||
Tenancy Reference to Any Third Party | £54.00 inc. VAT (net £45.00) | ||
End of Tenancy Property Clean or Repairs | £54.00 inc. VAT (net £45.00) |
*Please note that we are unable to accept payment from American Express Credit Cards*
The online fault reporting is only for tenants of TG managed properties.
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