Tenant Fee Schedule

Tenant Fees:

In addition to the rent you pay there are other Tenant charges which are listed below for your information:

New Assured Shorthold Tenancies (AST) signed after 1st June 2019. An AST in most instances is an agreement where the annual rent is less than £100,000 per annum, the tenant is an individual and is using the property as their main home:

  • Holding deposit – 1 weeks rent
  • Security Deposit for rent up to £50,000 per annum equivalent to 5 weeks rent
  • Security Deposit for rent between £50,000 and £100,000 per annum equivalent to 6 weeks rent
  • Unpaid rent – interest at 3% above the Bank of England base rate from rent due date until paid
  • Lost keys – tenants are liable for the actual cost of replacing any lost keys including replacing locks if necessary
  • Utilities – In most instances gas, water, electricity, council tax, broadband and telephone providers charges will be borne by the tenant
  • Contents insurance (for your own personal belongings)

Non Housing Act & Company Tenancy Agreements. These tenancies usually apply where the rent is in excess of £100,000 per annum or where the lease is signed in an occupier's company or employer's name: 

  • Administration fee - £240 inc VAT (this includes Tenancy Agreement fee and referencing fee)

  • Additional reference fee -  £48 inc VAT per person
  • Guarantor reference fee - £48 inc VAT per person
  • Reservation fee - equivalent to 2 weeks rent which is deducted from the final balance of the total amount prior to the start of the tenancy
  • Unpaid rent – interest at 3% above the Bank of England base rate from rent due date until paid
  • Deposit - equivalent to 6 weeks rent
  • Pet Deposit (if applicable) - normally an additional 2 weeks rent (in addition to the 6 weeks deposit) 
  • Utilities (Gas, Electricity, Water & Phone)
  • Council Tax 
  • Satellite TV subscription and installation if permitted/applicable)
  • Broadband
  • Contents insurance (for your own personal belongings)
  • Tenancy Agreement amendment fee - £120 inc VAT 
  • Tenancy Renewal fee (contract negotiation) - £120 inc VAT 
  • Banham Key cutting - If additional keys are required throughout the tenancy, this will be charged at £90 inc VAT and an additional £17 per key required  
  • Inventory check out fee - dependent on the size and the furnishing of the property. Minimum charge of £150 inc VAT
  • Professional clean - dependent on the size and furnishing of the property. Minimum charge of £150 inc VAT
  • Future Landlord reference fee - £60 inc VAT per person

For more information about Landlord fees please click here

Ayrton Wylie is a member of:

  • Tenancy Deposit Scheme
  • The Property Ombudsman
  • The Client Money Protection (CMP) Scheme is a compensation scheme run by the National Federation of Property Professionals (NFoPP) which provides compensation to landlords, tenants and other clients should an agent misappropriate their rent, deposit or other client funds. A copy of our Client Money Protection certificate can be found here
  • To view a copy of our client money protection provider, Propertymark’s accounting rules, please click here