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 £650 then our fee to find a tenant would be £780 including VAT
This service includes
• Full marketing and advertising package
• Guidance on legislation
• Producing a full written inventory and photographic schedule of condition.
• 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 | £200 including VAT |
| Hourly Rate for dealing with insurance claims | £80 including VAT |
| Hourly Rate for dealing with Dispute Resolution Service | £80 including VAT |
| End of Tenancy Check out | £200 including VAT |
| To serve a Rent Increase Notice | £80 including VAT |
| Property Inspection if required during tenancy | £80 including VAT + mileage |
| Preparation of a Guarantor Deed | £80 including VAT (per guarantor) |
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 £650.00 then our initial fee would be £585 and then 12% of the monthly rent plus VAT thereafter - £93.60 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 there are providers who offer this type of cover for 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 £80 including VAT
Hourly Rate for dealing with insurance claims £80 including VAT
Hourly Rate for dealing with Dispute Resolution Service £80 including VAT
NOTICE TO PROSPECTIVE OCCUPATION CONTRACT HOLDERS - CONFIRMATION OF FEES (WALES)
If you wish to view a property you may be required to complete a Pre-application form.
Should you wish to apply to rent a property available through McCartneys LLP before your application can be processed you may 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 Occupation Contract 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 contract 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 Contract Holder will be required to complete an Application form which will then be passed to Rightmove 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 contract for reasons unconnected with the above, then your Holding Deposit will be returned within 7 days. Should you be offered and you accept a contract with our Landlord then your Holding Deposit will be credited to the first month’s rent due under that contract.
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 Occupation Contract. Please note that all Occupation Contracts are for a minimum period of six months.
If you are considering sharing a property, please note that all parties named on the Occupation Contract are jointly and severally liable to comply with the stated terms within the agreement.
Additional Fees| Early Termination fee within the fixed term | Equivalent of one months rent + VAT |
Payment for Variation, Assignment, Novation at the contract holders request |
£50 Including VAT |
|
Default Fees ie. Replacement Keys/Security Locks (These will be listed in your occupation contract) |
up to £50 including VAT |
Applications from persons under the age of 18 will not be considered Information
Updated 01.02.2024
CONTRACT HOLDER FIND SERVICE ONLY - One Month's Rent plus VAT
Example - If monthly rental is £650 then our fee to find a Contract Holder would be £780 including VAT
This service includes:
(Non Managed) Additional Fees
| To serve RHW16 notice on behalf of the Landlord | £200 Including VAT |
| Hourly Rate for dealing with insurance claims | £80 Including VAT |
| Hourly Rate for dealing with Dispute Resolution Service | £80 Including VAT |
| End of Contract Check out | £200 Including VAT |
| To serve a Rent Increase notice | £80 Including VAT |
| Property Inspection if required during Contract Period | £80 Including VAT |
CONTRACT HOLDER FIND AND FULL MANAGEMENT SERVICE - 100% of the first Months rent inc VAT + Management fee of between 10% and 15% of the monthly rent + VAT monthly thereafter
Example: Based upon 100% fee - If monthly rent is £650.00 then our initial fee would be £650 including VAT and then 10% of the monthly rent plus VAT thereafter - £78 per month including VAT.
All of the Contract Holder Find Only Service plus:Additional Fees (Managed)
Redrafting/renewing Contracts within an existing contract period £80 including VAT
Hourly Rate for dealing with insurance claims £80 including VAT
Hourly Rate for dealing with Dispute Resolution Service £80 including VAT
Client Money Protection provided by
Independant Redress provided by
ARLA Propertymark Protected
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