Information for Landlords & Tenants

 

NOTICE TO PROSPECTIVE TENANTS - CONFIRMATION OF FEES (ENGLAND)
 

If you wish to view a property you will be required to complete as Pre-application form.

Should you wish to apply to rent a property available through McCartneys LLP before your application can be processed you will need to pay us a Holding Deposit equivalent to one weeks rent for the property you are interested in.

Example – Monthly Rent £500 – Holding Deposit = £500 x 12 ÷ 52 = £115.38

Once we receive your holding deposit, current legislation stipulates that the necessary paperwork should be completed within 15 days or a longer period to be agreed.

If at any time during this period you decide not to proceed with your tenancy then your holding deposit will be retained by McCartneys LLP. Also if you unreasonably delay in responding to any reasonable request made by McCartneys LLP or you have provided us with false or misleading information as part of your pre application or tenancy application, or if you fail any of the checks which we are required to undertake under the Immigration Act 2014 then your holding deposit will not be returned.

Each prospective tenant will be required to complete an Application form which will then be passed to Rent4Sure Referencing Service. This reference will check your credit history, confirm details of your income and where applicable obtain references from your current landlord. Please note that submitting an application does not automatically mean you will be accepted for the property, the status report will be passed to the landlord for a final decision. 

If the Landlord decides not to offer you a tenancy for reasons unconnected with the above then your Holding Deposit will be returned within 7 days. Should you be offered and you accept a tenancy with our Landlord then your Holding Deposit will be credited to the first month’s rent due under that tenancy.

If your application is successful then a Deposit equivalent to five weeks rent will be payable to be held by the Deposit Protection Service together with the first month's rent in advance. These will need to be cleared funds on or before the commencement of the tenancy.  Please note that all Assured Shorthold Tenancies are for a minimum period of six months.

If you are considering sharing a property please note that all parties named on the Tenancy Agreement are jointly and severally liable to comply with the stated terms within the agreement.

Other Fees Payable

Early Termination fee within the fixed term                                              Equivalent of one month’s rent + VAT

Payment for Variation, Assignment, Novation at the tenants request     £50 Including VAT

Default Fees ie. Replacement Keys/Security Locks                               £50 including VAT
(These will be listed in your tenancy agreement)

Applications from persons under the age of 18 will not be considered.
 

 

NOTICE TO PROSPECTIVE LANDLORDS - CONFIRMATION OF FEES (ENGLAND)

 

TENANT FIND SERVICE ONLY – One Months Rent plus VAT

Example – If monthly rental is £375 then our fee to find a tenant would be £450 including VAT
This service includes

    Full marketing and advertising package
    Guidance on legislation
    Producing a full written schedule of condition and photographic inventory.
    Full credit checks/references on prospective tenants 
    Drafting of an ARLA  tenancy agreement 
    Registering the deposit with The Deposit Protection Service
    Check in appointment with tenant

Additional Fees

To serve Section 21 Form 6A notice on behalf of the Landlord       £180 including VAT .
Hourly Rate for dealing with insurance claims                                  £60 including VAT
Hourly Rate for dealing with Dispute Resolution Service                 £60 including VAT
End of Tenancy Check out                                                              £180 including VAT
To serve a Rent Increase Notice                                                      £60 including VAT
Property Inspection if required during tenancy                                £60 including VAT

TENANT FIND AND FULL MANGEMENT SERVICE –   between 75%  and 100% of the monthly  rent plus VAT + Management fee of between 10% and 15% of the monthly rent + VAT monthly thereafter

Example - Based upon 75% fee - If monthly rent is £450.00 then our initial fee would be £405 and then 12% of the monthly rent plus VAT thereafter - £64.80 per month.

All of the Tenant Find Only Service plus
    Regular inspections of the property
    The collection and monitoring of rent (please note that we cannot guarantee rental payments however the credit referencing company we use called rent4sure do offer this insurances to Landlords)
    Arranging and overseeing of maintenance issues.
    End of tenancy check out appointment
    Ongoing guidance on compliance and legislation
    Arranging periodic safety checks.
    Serving Rent Increase and Section 21 Form 6A notices.

Additional Charges

Redrafting/renewing tenancy agreements within an existing tenancy     £60 including VAT
Hourly Rate for dealing with insurance claims                                         £60 including VAT
Hourly Rate for dealing with Dispute Resolution Service                        £60 including VAT

 

NOTICE TO PROSPECTIVE TENANTS - CONFIRMATION OF FEES (WALES)


 

Should you wish to apply to rent a property available through McCartneys LLP each prospective tenant will be required to complete an Application form which will then be passed to Rent4Sure Referencing Service. This reference will check your credit history, confirm details of your income and where applicable obtain references from your current landlord. Please note that submitting an application does not automatically mean you will be accepted for the property, the status report will be passed to the landlord for a final decision.

There is a non-refundable charge for this referencing service as follows: 

  • Comprehensive Plus

£35.00 plus VAT (£42.00)

In some cases we may require an alternative type of reference and the charges for these are as follows:

  • Credit Profile Plus

£14.00 plus VAT (£16.80)

  • Guarantor's Application

First guarantor application is free

  • If first guarantor is found not acceptable by Rent4Sure then the charge for the Second Guarantor's Application is

£35.00 plus VAT (£42.00)

Please note all fees quoted for referencing are per person

In addition if your application is successful there is an administration charge of £125 + VAT (£150.00) for drafting the tenancy agreement – this fee is per property not per person.

A deposit will be required equivalent to a months rent (unless stated otherwise) together with the first months rent in advance. These will need to be cleared funds on or before the commencement of the tenancy. Please note that all Assured Shorthold Tenancies are for a minimum period of six months.

If you are considering sharing a property please note that all parties named on the Tenancy Agreement are jointly and severally liable to comply with the stated terms within the agreement.

Some of our clients do have specific requirements e.g. non-smokers, no pets. Please check prior to viewing that you would be eligible for the property concerned.

Applications from persons under the age of 18 will not be considered.

 

 
NOTICE TO PROSPECTIVE LANDLORDS - CONFIRMATION OF FEES (WALES)


 

TENANT FIND SERVICE ONLY – One Months Rent plus VAT

Example – If monthly rental is £375 then our fee to find a tenant would be £450 including VAT

This service includes

  • Producing details to be displayed in our office
  • Placing a window card in our rental window
  • Free advertising on our nationally advertised web site, www.mccartneys.co.uk and our

properties are also featured on Rightmove and the new property portal On The Market

  • Advertising in the local newspaper
  • Producing a full written schedule of condition and inventory for the property together

with a photographic schedule

  • Taking up of full credit checks/references on prospective tenants (a fee of £42.00

payable by the prospective tenant to rent4sure referencing service)

  • Drafting of an RICS tenancy agreement (administration charges payable by tenant)
  • Registering the deposit with The Deposit Protection Service

 

Additional Fees

To serve Section 21 notice on behalf of the Landlord                £60 including VAT .

Hourly Rate for dealing with insurance claims                           £60 including VAT

Hourly Rate for dealing with Dispute Resolution Service          £60 including VAT

Fee to arrange certificate/safety check                                     £12 including VAT per document

 

TENANT FIND AND FULL MANGEMENT SERVICE –  Typically Two Thirds months rent plus VAT + Management fee monthly thereafter

Example: If monthly rent is £450.00 then our initial fee would be £360.00 and then 10% of the monthly rent plus VAT thereafter - £54.00 per month.

  • Regular inspections of the property
  • The collection and monitoring of rent (please note that we cannot guarantee rental payments however the credit referencing company we use called rent4sure do offer these insurances to Landlords)
  • Arranging and overseeing of maintenance issues.

 

Additional Charges

Redrafting/renewing tenancy agreements within an existing tenancy            £60 including VAT

Hourly Rate for dealing with insurance claims                                               £60 including VAT

Hourly Rate for dealing with Dispute Resolution Service                               £60 including VAT

 

 

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