Fees Applying To All Pre-Existing Tenancies Entered Before 1st June 2019

Admin Fees

An administration fee of 1 weeks rent + VAT (minimum of £450 will be charged upon creation of a legally binding tenancy agreement. If additional references or guarantor references are required there will be a charge of £42 for each reference.

Should you wish to terminate your tenancy before the end of the term and the landlord agrees that you can terminate early, you will be responsible for the repayment of the pro-rata commission paid in advance by the landlord for the unexpired portion of the tenancy, unless you are exercising a break clause which is contained in your tenancy agreement.

It is your obligation to obtain written consent from the landlord for any change in the identity of the tenants. Upon receipt of this consent Hunter & Bloomfield will draw up a new tenancy agreement for signature by all parties. An administration fee of £180 will be charged for this service.

An administration fee of £42 will be charged for each letter sent by Hunter & Bloomfield regarding late or non-payment of rent or administration charges.

If any charges remain outstanding at the end of the tenancy, Hunter & Bloomfield will deduct the amount due from the deposit.

Tenancy Renewal

Please contact Hunter & Bloomfield in advance if you wish to extend your tenancy. If the tenancy is renewed, we will make a charge of £180 to cover our administration.

Rent Payment

The first instalment of rent must be paid in cleared funds when you sign the tenancy agreement. Thereafter, rent is payable by standing order (unless agreed otherwise) to arrive on the due date as stated in the tenancy agreement. This means that the standing order must be set up so that the funds leave your account three days before the rent is due.

Security Deposit

A deposit equivalent to six weeks’ rent must be paid in cleared funds when you sign the tenancy agreement.

Hunter & Bloomfield will register the deposit monies with mydeposits.co.uk, of which it is a member, on the landlord’s behalf and will be held by Hunter & Bloomfield. Hunter & Bloomfield excludes liability in relation to loss caused by the insolvency of a financial institution which holds deposits in its contracts with landlords and tenants.

All deposit deductions must be agreed in writing by both landlord and tenant upon the termination of the tenancy. The tenancy agreement entered into is between the landlord and the tenant and as such the tenant cannot hold Hunter & Bloomfield liable for any deductions made from the deposit which may fall into dispute. Any interest earned on the deposit shall be retained by Hunter & Bloomfield.

References

We will take up references based on the details that you have supplied to us. These references may be passed to our client so that they can make a decision on granting a tenancy.Before the tenancy can proceed you need to provide us with a photo ID in the form of a passport or EU driving licence and proof of all other requested documents such as bank statements, payslips and employment letters.