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 £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

NOTICE TO PROSPECTIVE LANDLORDS - CONFIRMATION OF FEES (WALES)
 

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:

  • Full marketing and advertising package
  • Guidance on legislation
  • Producing a full written inventory and photographic schedule of condition.
  • Full credit checks/references on prospective contract holders
  • Drafting of an Occupation Contract
  • Registering the deposit with The Deposit Protection Service

(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:
  • 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 Contract check out appointment
  • Ongoing guidance on compliance and legislation
  • Arranging periodic safety checks.
  • Serving Rent Increase and RHW16 notices.

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 

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