Applicant Letting Fees 2019

PJC, are Licensed by Rent Smart Wales, is a member of ARLA Propertymark, The Property Ombudsman and is regulated by RICS. 

Client money protection is provided by RICS

(All fees listed below are inclusive of VAT)

Payable by all applicants:

  • A Refundable holding deposit                                                     £ equivalent to 1 weeks rent                                                                                                                                The calculation for 1 weeks rent is: 1 month ÷ by 4.35

This can be retained if the tenant provides false or misleading information to the letting agent/landlord, which the letting agent/landlord is reasonably entitled to consider in deciding whether to grant the tenancy because this material affects their suitability to rent the property

If the tenant notifies the letting agent/landlord before the Deadline for Agreement that they have decided not to enter into the tenancy

If the tenant fails to take all reasonable steps to enter into a tenancy agreement

Special circumstances:

  • Pet Deposit                                                                                  £100 Per Pet (No VAT)

  • Bond                                                                                            £ equivalent to 1 months' rent (No VAT)                               (To cover the added risk of property damage. This will be protected with your security deposit in a government-authorised scheme and may be returned at the end of the tenancy)

  • Nil Deposit (see information on Nil deposit option)                      £ equivalent to 1 weeks' rent     

The calculation for 1 weeks rent is: 1 month's rent x 12 ÷ 365 x 7 20% VAT  

  Charges during Tenancy:

  • Release fee for ending your tenancy early (if agreed)              £360

(Compensation costs to cover the Landlord fees for re-renting, rent will still need to be paid up to the date of a new tenant moving in)

  • Late Payment of Rent                                                                 £30

  • Wasted contractor/ staff visit                                                       £30