Tenancy Administration fee: £180.00 (including VAT) to negotiate and prepare the tenancy agreement and other related documents at the beginning of the tenancy. This service is free where we are instructed to manage the property.
Lodging the tenant’s deposit with The Deposit Protection Service, a fee of £30.00 (including VAT) will apply. This service is free where we are instructed to manage the property.
Administering a deposit dispute with the Alternative Dispute Resolution (ADR) service carries a further charge of £60.00 (Including VAT).
Requested additional inspections carry a fee of £54.00 (Including VAT).
Should myspace be required to arrange the purchase of furniture, or items for the property, myspace will charge 10% (plus VAT) of the costs to cover time and administration (subject to a minimum £30.00 (Including VAT) and maximum charge of £120.00 (Including VAT)).
We reserve the right to levy a supervision charge of 10% (plus VAT) of the cost of any protracted refurbishment/building works.
Additional fees will be payable in respect of our dealing with applications for market rents, rent assessment committees or any other Court Tribunal proceedings or other protracted correspondence on your behalf. You will be charged at an hourly rate of £50 (Including VAT) and you will also be responsible for solicitors fees incurred in respect of such dealings.
Tenant assignment (Managed Tenancies and Let only Tenancies where we have been instructed to lodge the deposit) – Where a tenant wishes to leave a tenancy and where they have found a replacement, we will carry out one assignment at no additional charge to the Landlord. Further assignments will be charged at £240 (including VAT). For clarity, this includes during any continuations / renewals.
Tenant assignment (Let only Tenancies) – Where you request us to deal with a tenant assignment, an administration charge of £120 (including VAT) will apply.
Should you, the Landlord withdraw from an agreed let prior to the Tenancy Agreements being signed you will be obliged to cover all our Administrative Costs to the sum of £240 (including VAT), and any expenses incurred at cost.
We reserve the right to charge postage, delivery, travel, telephone, copying, bank charges and all other expenses at cost.
N.B. All myspace fees are subject to VAT at the governing rate.