tenancy
information

Bidwells is a member of and covered by the RICS Client Money Protection Scheme.
Bidwells is also a member of The Property Ombudsman Redress Scheme.

 

 

Fees and Charges for an Assured Shorthold Tenancy.

  • Holding Deposit - one week's rent. Security Deposit (rent of less than £50,000 per year) - Five week's rent.
  • Security Deposit (rent of £50,000 or over per year) - six week's rent.
  • Late rent - interest charged at 3% above Bank of England base rate when rent is more than 14 days in arrears.
  • Lost Key(s) or other security device(s) - cost of replacing any lost key(s) or security device(s).
  • Variation of Contract - £50 for any change to Tenancy documents after commencement of Tenancy.
  • Early Release from Contract - (Subject to Landlord approval). The Landlord/Agent can claim costs associated with re-advertising the property or referencing the new Tenants.  You will also be responsible for the property, rent and utilities until a suitable replacement Tenant moves in.

 


Non-Housing Act Tenancy Fees
(not affected by the Tenant Fee Act 2019) 

 

  • Application fee - £400
  • Security Deposit – six weeks rent and additional £500 if you have a pet.
  • Inventory/Check Out - Price dependent on size of property and if furnished or unfurnished.  Contact the office for further information.
  • Tenancy Agreement extensions - £48.00
  • Early Release from Contract - (Subject to Landlord approval). £500.00. You will also be responsible for the property, rent and utilities until a suitable replacement Tenant moves in.
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