Holding Deposit

(please wait for us to contact you before paying any money)

You will need to pay the equivalent of one week’s rent to reserve the property. This will be held by us for a period of 15 days unless we agree otherwise.

At the end of the 15 day period (or longer if we both agree) the deposit will be refunded to you or be offset against your rent unless any of the proposed tenants or guarantors:

  • withdraw from the tenancy,

  • fail a Right-to-Rent check,

  • provide false or misleading information, or

  • fail to enter into a tenancy by the deadline for agreement despite all reasonable steps taken by us

Schedule of Fees for Assured Shorthold Tenancies

The following payments are permitted under the Tenant Fees Act 2019 and may be payable in connection with your tenancy.

This fee schedule should be read alongside any written statement or tenancy agreement supplied to the tenant.

Holding deposit (per tenancy)

One week’s rent.
This is paid to reserve the property and will be held by us for a period of 15 days unless we agree otherwise.
At the end of the 15 day period (or longer if we both agree) the holding deposit will be refunded to you or credited towards your first month's rent unless any of the proposed tenants or guarantors:

  • withdraw from the tenancy,

  • fail a Right to Rent check,

  • provide false or misleading information, or

  • fail to enter into a tenancy by the deadline for agreement despite all reasonable steps taken by us.

Maximum deposit amount per tenancy

  • Where the rent is less than £50,000 per annum – Five weeks’ rent

  • Where the rent is £50,000 per annum or more – Six weeks’ rent

Unpaid rent

Interest may be charged on rent outstanding for more than 14 days at 3% above the Bank of England Base Rate from the date the payment became overdue until payment is made in full.

Lost keys or security devices

You will be responsible for the actual cost of replacing any lost keys or other security devices. Where locks need to be changed as a result, you will be liable for the actual cost of replacement locks, keys and any locksmith's charges reasonably incurred.

Tenancy variation

If you request any variation to the terms of the tenancy agreement after it has been signed, we are entitled to charge a fee of £50 (inclusive of VAT) or our reasonable costs incurred if these exceed £50.

Change of tenant

If you request a change to the named tenants in your tenancy agreement then, if we agree to this, we shall be entitled to charge a fee of £50 (inclusive of VAT) or the reasonable costs incurred if these exceed £50.

Reasonable expenses may include obtaining the landlord's instructions, referencing, Right to Rent checks, deposit administration, preparation of legal documents and any other reasonable costs incurred.

Ending the tenancy early

Where a tenant requests to surrender a tenancy before they would otherwise be entitled to end it, they may be liable for the landlord's reasonable costs incurred as a result of the early termination, together with any rent due until the tenancy legally ends or a replacement tenant takes occupation and begins paying rent, whichever occurs first.

Client Money Protection (CMP) and Redress Scheme

Ian Perks Estate Agent is a member of the Propertymark Client Money Protection Scheme and The Property Ombudsman Redress Scheme.

Company Let Fees

Application & reference – £174

Tenancy agreement – £160

(fees include VAT)

Payment Types

Online bank transfers
All fees, rents and deposits can be paid by transfer

Cheque payments
We can only accept bank drafts, not personal or company cheques

Cash payments
Cash payments are subject to a charge of 10% of cash value (minimum charge £10)