WHAT CAN I BE CHARGED?

What has changed?

The Tenant Fees Act 2019 came into force on 1st June 2019. From that date it is illegal for letting agents to charge fees to tenants apart from a small number of exemptions that are referred to as ‘Permitted Payments’. 

Permitted payments are: 

• Rent 

• Utilities, communication services, TV licence and council tax 

• Security deposits 

• Holding deposits 

• Default fees 

• Fees for changing a tenant or ending a tenancy early

WHAT FEES CAN ANDERTON MCCLEMENTS ASK YOU TO PAY?

On tenancies signed on or after 1 June 2019:

  • Utilities, rent, council tax and TV Licence

  • A holding deposit

  • A security deposit

  • Default fees e.g. replacement key or charge for a late rent payment

  • Fees for changing a tenant or ending a tenancy early



  • Administration Fees

  • Application fees

  • Set up fees

  • Referencing fees

  • Credit Checks

  • Guarantor fees

  • Permitted occupier fees

  • Right to rent fees

  • Contract negotiation fees

  • Inventory charges

  • Saturday moving-in fees

  • Check-in fees

  • Renewal fees

  • End of tenancy fees







Tenant Fees Schedule

Holding Deposit
(per tenancy)

One weeks’ rent.
This is to reserve a property. Please Note: This will be withheld if any relevant person (including guarantor(s) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their Tenancy Agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year)
Five weeks’ rent.

Five weeks‘ rent

This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent of £50,000 or over per year)

Six weeks’ rent. 

This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid Rent

Interest at 3% above the Bank of England Base rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost key(s) or other Security Devices

Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant’s Request)

£50 (inc. VAT) per agreed variation

To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenant’s Request)

£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher

To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination
(Tenants’ Request)

Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Company Lets

Per Company £495 (inc. VAT)

To complete appropriate referencing, credit checks and administration of company documentation.