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Fees

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COSTS & FAIR FEES


TENANT COSTS & FEES

WE APPROACH TENANT FEES WITH FAIRNESS IN MIND, NOT GREED!
TSP Living do not intend to make profit from tenants. Whilst we do charge some fees, they are either due to additional work provided and/or negligence on behalf of the tenant.
We do not charge for the preparation of a tenancy, however there are nominal fees for tenancy renewals and addendum's, but these are not excessive.

  • Referencing Cost - £21.60 per tenant (or guarantor) inc. VAT
  • Reservation Deposit - Equivalent to 50% of the first month's rent (this will be allocated to your first months rent, when you move in as agreed)
  • Security Deposit - Equivalent to 6 weeks rent per tenancy
  • Pet Deposit - An addition of 2 weeks rent added to the Security Deposit  (Pets MUST BE Landlord approved)
  • Check Out / Inventory Cost - Ranging between £100-200 inc. VAT (Depends upon size of property, number of bedrooms/bathrooms, unfurnished or furnished)

  • Contract Renewal Fee - £30 inc. VAT
  • Late Rent Payment Fee - £60 inc. VAT (plus a daily charge until the rent is brought up to date)
  • Late Rent Reminder Letter Fee - £30 inc. VAT
  • Lost/Replacement Key Fee - £15 inc. VAT
  • Additional Copy Documentation Fee - £30 inc. VAT
  • Contract Addendum Fee - £36 inc. VAT


LANDLORD COSTS & FEES

  • Check In / Inventory Cost - Ranging between £100-200 inc. VAT (Depends upon size of property, number of bedrooms/bathrooms, unfurnished or furnished)
  • Additional Contract Clauses - £25 per clause + VAT (If special provisions are required in addition to our standard tenancy agreement)
  • Court Attendance Cost - Hourly rate of £200 + VAT (Landlord will be responsible for any legal costs or expenses)

  • Intro/Let Only Service - 9% of rent per annum + VAT - Sole Agency (11% of Rent + VAT - Multi Agency) 
  • Letting & Rent Collection Service - 11% of rent per annum + VAT - Sole Agency (13% of Rent + VAT - Multi Agency)
  • Comprehensive Property Management Service - 15% of rent per annum + VAT - Sole Agency (17% of Rent + VAT - Multi Agency)
  • Short Term Letting Service (Periods of less than 6 months) - 20% of rent per annum + VAT
  • Renewal Fee - Charged on the same percentage (%) + VAT basis as original term