As of June 1, 2019, when a rental agreement, student rental or private sector rental license is entered into, you are prohibited from collecting fees or other payments that are not included in the list of authorized payments above. Commission rental fees for several agencies: For the introduction of a tenant who has entered into a lease of the property for more than six months, at 12% VAT included, (10% plus VAT) of the gross rent for the initial term of the lease. The commission is charged in advance on a six-month basis if there is an agreed break clause, if not every year from the start of the lease with a balance of the commission charged. In the event that a tenant exercises a break clause agreed under the terms of the tenancy agreement, we will return a portion of the commission paid pro-rata for the period not completed. If the tenancy agreement is extended or extended for a new term and a regular continuation of the lease is subsequently included beyond the fixed term (even if the terms and conditions are changed) with the original tenant or with an associated part of the original tenant, a commission is due, most rental fees are now prohibited. Find out what to do if you`ve been charged a prohibited fee. The rental ban applies to new or renewed leases signed on June 1, 2019 or after June 1, 2019. You can be charged up to £50 to change a term in your lease or transfer it to someone else. This includes the situation in which you will find a replacement tenant who will then sign a new contract with the landlord. Douglas-Gordon would like you to be aware of the circumstances in which you may benefit from a royalty or levy on the services we have provided, including a lease we have established. This rate describes our current fees and fees that, unless otherwise stated, include VAT (which, at the time of this rate, 20%) one percentage point. The fees and fees posted are payable to us and are charged by us.

Please note below for our terms and conditions of sale and fees for Payable rentals, where you decide not to proceed with a rental after we have registered satisfactory references or created a rental agreement. Payment is due after receiving our invoice. The fee ban is there for a good reason – and it`s important for homeowners and homeowners to pay attention to it. With the new tenant contribution ban, tenants can only be charged to night ten rentals after their fixed life expires, but only if they have signed a rental agreement before June 1, 2019. For too long, Londoners have been forced to pay brokerage fees every time they return and even renew their leases. As of June 1, 2019, when the Rental Fees Act comes into force, it is illegal for a lessor to charge you a fee if you rent a new property or extend your lease. The Tenant Fees Act prohibits most rental fees and limits rental bonds paid by private rental tenants in England. Provide a market assessment, advise on necessary remediation and provide legal instructions to ensure that your property complies with the legal provisions. Build a To Let Board, advertise on relevant portals and make visits until a suitable tenant is found.

We will manage the implementation of the lease and we will withdraw the first months of rent and payment of the deposit. If a lease has been entered into before June 1, 2019, you can still collect a fee until May 31, 2020, but only if these are included in an existing lease.