Contract Holder Fees

Contract Holder's Guide to Charges

Dawsons is a member of and covered by the ARLA/Propertymark Client Money Protection Scheme. Dawsons is also a member of a redress scheme provided by The Property Ombudsman www.tpos.co.uk. Copies of the TPO Code of Practice plus our complaint handling procedure are available from any of our branches.

 

Permitted Charges in accordance with the Tenant Fee Act 2019

Under the terms of the Tenant Fee Act if you enter into an Occupation contract (previously Assured Shorthold Tenancy), payments which may apply will be as follows:

First month’s rent

in advance

 

Deposit

equivalent of 1 months rent plus £100 (or higher dependent on the terms of the tenancy and/or rent PCM)

Holding Deposit

maximum one week’s rent (to be calculated by dividing one months rent by 4.35)

 

Early termination when requested by the contract holder

 

Equivalent to the costs incurred by the landlord plus £50 excl VAT / £60 inc. VAT to administrate the requirements

Utilities, communication services, TV licence and council tax

 

 

Default charge for late payment of rent

 

£25 excl VAT / £30 inc. VAT, when rent is more than 14 days late and £15 excl VAT / £18 inc. VAT each 14 day period thereafter

Default charge for replacement of lost key or security device

equivalent to cost incurred plus £15 excl VAT / £18 inc. VAT per hour taken to administrate the required replacements

Default charge for damage to the property

equivalent to cost incurred plus £15 excl VAT / £18 inc. VAT per hour taken to administrate the required replacements

Default charge for missed appointments

£25 excl VAT / £30 inc. VAT

 

Default charge for out of hours call out appointments

£25 excl VAT / £30 inc. VAT

 

 

Under the terms of the Tenant Fee Act if you enter into a NON HOUSING ACT TENANCY, payments which may apply will be as follows:
 

Excluding VAT

Including VAT

A Non Housing Act Tenancy is formed when one of the following criteria is in place:

• The annual rent exceeds £100,000

• The property is occupied by an entity (Company let) rather that an individual

• The property is not used as a main or primary home

• There is a Resident Landlord

If you are in any doubt as to the type of tenancy which will apply to you, please speak to our branch staff.

Referencing and credit checks

£195

£234

 

Check-in Fee checking into the property and reviewing inventory

minimum of £60

minimum of £72

 

Extension agreement

£104.17

£125

 

Occupation Contract 

(Previously tenancy agreement)

£50

£60

 

Administration

£40

 

£48

Arrears fee

£25

£30

 

Overpaid rent return

£25

£30

 

If there are any guarantors for the contract:

 

Guarantor Referencing Fee inc. verification of details, credit check, employer and accountant reference (if available)

£95 per guarantor

£114 per guarantor

 

Deed of Guarantee Fee drafting Deed, negotiating clauses and executing document

£50

£60