Tenant admin fees

We dislike hidden charges as much as you. That’s why we’re transparent about our fees. Below is a full list of the fees you may encounter when renting a property through Mountgrange Heritage.

Mountgrange Heritage Careers

Prior to commencement of tenancy

After an offer has been accepted by the Landlord, which is subject to contract and references, in addition to paying the rent, the following charges may be made:

Administration Fees

We charge a fee of £360 (inc VAT) for the administration of each tenancy which includes our fee for preparation of the Tenancy Agreement (£200) and the remainder covers referencing and registering the deposit with the Tenancy Deposit Scheme (TDS).

Tenancy Agreement Fees

Whilst we charge a fee of £200 for the preparation of their agreement some of our Landlords will charge different amounts. We will advise you of these potential costs at the time of negotiating the offer you make.

Referencing Fees

As stated above we include referencing in our one-off administration fee. However, some of our Landlords may charge fees separately for referencing. We will advise you of these potential costs at the time of negotiating the offer you make.

Guarantor Fees

You will be charged £30 (inc VAT) per guarantor (if required); this covers credit referencing and preparing a deed of guarantee as part of the tenancy agreement.

Deposit

We will take a deposit, usually equivalent to 6 weeks’ rent, which will be held in an account in your name for the duration of the tenancy. A larger deposit may be required by your Landlord – for example if you keep a pet.

Stamp Duty

Stamp Duty Land Tax (SDLT) is payable on tenancy where the rent is in excess of £125k per annum. Details of this can be found on www.hmrc.gov.uk/sdlt.

During the tenancy

Amendment Fee

We charge £96 (inc VAT) for amendments made during your tenancy, this includes contract negotiation, amending terms, tenants and updating your tenancy agreement.

Renewal Fee

We charge £96 (inc VAT) this includes contract negotiation, amending and updating terms and arranging a further tenancy and agreement.

From the onset of your tenancy you will be liable for the following:

Utilities

You will normally be liable for all charges for the supply of gas, electricity, telephone and water including the supply of cable/satellite television.

Council Tax

You will be liable for the council tax payable at the property and the amounts payable will vary from borough to borough. You will be able to access the information on the website for the appropriate borough.

Television License

You are breaking the law if you use a television at the property and do not hold a television license. A license costs £145 per annum and can be obtained from www.tvlicensing.co.uk.

Insurance

You will be responsible for insuring your own contents throughout the term of your tenancy.

Garden Maintenance

You may be responsible for the upkeep of any garden and any related costs.

End of tenancy

At the expiry of your tenancy you will be liable for the following:

Professional Cleaning

Under the terms of your tenancy agreement you will be responsible for professional cleaning of all furniture, fixtures and fittings at the expiry of your tenancy. If you would like us to arrange the clean for you we charge £60 (inc VAT) for this service, this is in addition to the cost of the clean itself which varies and is dependent on number of beds and size of property.

Inventory

You will be liable for the cost of the checking of the inventory at the end of the tenancy. This cost will depend on the size of the property and we can obtain an estimate for this if required.

Dilapidations

Following the inventory check-out your landlord or his managing agent will assess whether you are liable for any dilapidations.

Future Landlord Reference

A charge of £30 (inc VAT) applies when you ask us to provide information to a future landlord or referencing agency on your performance as a Tenant.