Scale of Charges

Scale Of Charges

Introduction Only Service

10% (INC VAT) of the rent collected for the first six months. Payable for each individual letting where the tenant is introduced through JW&Co Langleys, hereafter referred to as ‘the Agent’

Contingency Reserve

A minimum reserve amount of £150.00 (amount to be confirmed) will need to be obtained prior to the initiation of the tenancy as a contingency in the event of any maintenance work. The contingency reserve will be deducted from the first month’s rent and will be held by the Agent.

The fees under the above service are payable when any one individual or organisation enters into an agreement to rent the Property as a result of our promotion, introduction, or viewings conducted by the Agent.

Tenant Permitted Payments As Per The Tenant Fee Act 2019

With nearly 40 years’ of experience and full membership of UKALA, the national Lettings Association (NLA) and The Property Ombudsman, JW&Co Langleys are experts in all aspects of lettings. We care about our Tenants and for that reason we pride ourselves on the level of service we provide.

You should always choose your agent with care, only considering those displaying these trusted accreditations which provide the peace of mind that comes with the knowledge your money is protected and your agent abides by a strict code of conduct. We are required by law to disclose all the charges you will incur during the set up procedure. Please do not hesitate to contact us and one of our dedicated team members will be happy to talk you through the process.

FEES IN RELATION TO A TENANCY THAT STARTED PRIOR TO THE TENANT FEE BAN ON THE 1ST JUNE 2019, UNTIL THE 1ST JUNE 2020 l Checkout fee – from £60 - £102 INC VAT (as stated in the tenancy agreement) l Renewal fee £90 INC VAT (as stated in the tenancy agreement)

TENANCY SET UP & DEPOSIT l Holding fee – one weeks rent that can be refunded or taken off the first month’s rent/deposit l Security Deposit – Up to five weeks rent

Additional Payments For Tenants

In event that a dispute arises under the tenancy deposit scheme, we will undertake all of the administrative responsibilities in resolving said dispute (Introduction Only Service)

DISCOUNTED BUNDLE OPTION £750 (INC VAT) FOR THE SERVICES LISTED BELOW l Tenancy set up and referencing l Deposit protection fee l Inventory make/update and check-in l Checkout Fee l Rent & Legal protection for 12 months

MINIMUM FEE l Fee for late rent payments – £TBC (up to 3% above the Bank of England base rate) l Higher rent payment for pets – additional £50 rent per calendar month l Lost keys / security devices from £2.50£175 INC VAT l Change of sharer / amendment to contract £50 INC VAT (plus the cost of any charges incurred by the company) l Early exit charge £50 INC VAT

Where the Landlord cancels the Agent’s instruction to provide a management service the Agent will charge. The Landlord will then be subject to to pay a fee of 8.4% (Inc VAT) of the agreed rent for the period not exceeding six months from the commencement date of the tenancy.

VAT is payable at the prevailing rate on all our fees. In accordance with consumer legislation it is quoted as included in the prices stated above.

Company Lets

l Set up fee £450 INC VAT

T&C – A holding deposit is non-refundable when an application is rejected due to incorrect/misleading information given prior to the commencement of references.