Jones & Chapman
Allerton, Liverpool
Explanation of our tenant fees
| fee | explanation | inc. VAT |
|---|---|---|
| Default fee for late payment of rent | Chargeable from 14 days arrears calculated on the interest at 3% above Bank of England base rate on the late payment of rent for each day that the payment is outstanding. | see explanation |
| Loss of a key or other security device | Landlords and letting agents can charge a tenant a fee to cover the cost of replacing the lost key or security device (e.g. fob, electronic device for garage doors / security gates). | see explanation |
| Payment on variation, assignment or novation of a tenancy | When a tenant has requested it, landlords and letting agents can charge to vary, assign or replace a tenancy. Fee charge £50 (including VAT). | £50 |
| Payment on termination of a tenancy | Landlords and letting agents can require a tenant to make a payment for an early termination (surrender) of the tenancy agreement at the tenant`s request. | see explanation |
| Company application fee | £100 including VAT | £100 |