Ashley Adams Derby

Explanation of our tenant fees


Fee £ Inc. VAT Explanation
Default fee for late payment of rent see explanation 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.
Loss of a key or other security device see explanation 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).
Payment on variation, assignment or novation of a tenancy £50 When a tenant has requested it, landlords and letting agents can charge to vary, assign or replace a tenancy. Fee charge £50 (including VAT)
Payment on termination of a tenancy see explanation Landlords and letting agents can require a tenant to make a payment for an early termination (surrender) of the tenancy agreement at the tenants request.
Company application fee £100 £100 including VAT

You should be aware that the need for a guarantor may not become apparent until your referencing (including references for any joint tenants) has been completed, therefore any guarantor referencing fee(s) will only become payable should a guarantor be required

For more details, please contact the branch