Tenants

Fees are applicable to tenancies of £100,000 per annum and over and company / corporate lets.

Fees payable by tenant (20% VAT included in all fees):

Contribution toward the Administration Fee for the Tenancy Agreement: £240 per tenant

Contribution toward the Renewal Administration Fee to update your Tenancy Agreement during your tenancy: £120 per tenant

Referencing Fee for processing the application and referencing: £54 per tenant

Deposit: Typically equivalent to 5 weeks’ rent unless the actual rent is more than £50,0000 or the rental is a company let and then this will increase to 6 weeks’ rent. This will be protected in a government-approved tenancy deposit scheme (DPS)

Pet Disclaimer Charge: Would be subject to an increase of the deposit

Inventory Check-Out Charge: Dependent on the content and size of the property

End of Tenancy Clean: Dependent on size of property and the condition of the property at the end of the tenancy

Stamp Duty: Only applicable on tenancies of over £125,000

Bank Reference Fee: Contact your bank as charges vary

Deposit Protection Fee: £24 per annum

Unpaid Rent/Returned Payments: Interest at 4% above Bank of England base rate from due date

– Nicolas Van Patrick are members of the Deposit Protection Scheme (DPS) –

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Montpelier Street-based Nicolas Van Patrick (NVP) have purchased Hobart Slater, one of the original two estate agents specialising in the Knightsbridge area since 1981.