Below you will find our latest landlord and tenant charges.

LANDLORD CHARGES

STANDARD CHARGES

Charge Description Amount
(Excl. VAT)
Amount
(Incl. VAT)
Tenancy agreement Produce tenancy agreement to reflect agreed rental terms. £200 £240
Tenant referencing
(charged per tenant/guarantor)
Housing Act tenancies.

Non-Housing Act tenancies.
£50

£100
£60

£120
Deposit registration Register and protect the deposit, payable annually. (Applicable to Housing Act tenancies only). £50 £60
Tenancy arrangements Inventory/pre-tenancy clean/check in/check out. Third party charge - depends on the size of your property
Tenancy extension or renewal Negotiate all renewal terms and draw up the renewal memorandum or new tenancy agreement. £100 £120
Same day payment Any same day payments sent to you at your request (business days only). £20 £24
International bank accounts Any payments to a non-UK bank account. £20 £20
Non-Resident Landlord (NRL) returns Submitting Non-Resident Landlord (NRL) return forms to HMRC. Payable per landlord, per quarter. £100 £120
Interest Interest on unpaid fees or monies owed by you to us. 4% 4.8%

NON-STANDARD CHARGES

These come into effect if you ask Eccord to carry out any of these additional services for you.

Charge Description Amount
(Excl. VAT)
Amount
(Incl. VAT)
Additional property inspections Additional property inspections (in addition to the 2 per year included in the service as standard). £100 p/hr £120 p/hr
Meeting contractors/third parties Meeting contractors or third parties to assist with insurance claims, HMO visits and/or any additional property visits. £100 p/hr £120 p/hr
Works admin fee Arranging works or refurbishment over £1,000. We will discuss this with you and notify you in advance. 10% of total cost 12% of total cost
TDS deposit dispute Preparing paperwork for TDS dispute case. (Applicable to Housing Act tenancies only). £240 £288
Section 21 notice Serve a Section 21 notice on your behalf. (Applicable to Housing Act tenancies only) £100 £120
Abort fee If you decide not to use our services after signing this agreement and we have instructed third parties on your behalf. £500 £600
Sales valuation Value the property for sales or tax purposes (or similar). £100 p/hr £120 p/hr

CHANGE OF OWNERSHIP / OCCUPANT CHARGES

Charge Description Amount
(Excl. VAT)
Amount
(Incl. VAT)
Ownership transfer during Tenancy Transfer of landlord ownership during a tenancy (new landlord set up, new tenancy agreement and re-registering of the deposit). £180 £216
Transfer deposit to landlord or other agent Transfer of deposit to you or your new managing agent if our service is terminated during a tenancy. (Applicable to Housing Act tenancies only) £60 £72
Occupant change during tenancy Admin fee for processing a change of occupant during a tenancy. £50 £60
Sale of the property to the tenant/connected party If a tenant, connected person or entity or someone we have introduced buys your property, a percentage of the purchase price will be payable. 1% 1.2%

TENANT CHARGES

HOUSING ACT TENANCIES (AST) - GENERAL FEES & CHARGES

Fee of Intent Equivalent of one (1) week's rent which will be put towards your first rental payment and is your agreement to proceed with the agreed tenancy terms, subject to contract and references. This may be retained if you provide false or misleading information when submitting an offer that is subsequently accepted by the Landlord, or in the event you are unable to provide satisfactory ‘Right to Rent’ checks.

This may be retained if you provide false or misleading information when submitting an offer that is subsequently accepted by the Landlord, or in the event you are unable to provide satisfactory ‘Right to Rent’ checks.
Deposit If the annual rent is less than £50,000, your deposit will be equivalent to five (5) weeks’ rent.

If the annual rent is £50,000 or more, this will be the equivalent of six (6) weeks’ rent.
Change of sharer Up to £50 to cover referencing and administration costs, or any reasonable costs incurred if these are higher than £50.
Early termination (at landlord’s discretion) All costs, fees and charges incurred by the Landlord for allowing early termination including the agent's existing or re-letting fees as well as the rent until such time as the tenancy is terminated upon mutual agreement.
Stamp Duty Land Tax (SDLT) Payable on tenancies where the rent for the total tenancy exceeds £125,000.
Bank charges There is no charge for payments to UK bank accounts.

A £30 charge is payable for overseas transactions.
Default fees/charges Interest may be charged on late or unpaid rental payments at 3% above the base rate of the Bank of England per annum - calculated daily where rent is unpaid for fourteen (14) days or more.
Replacement keys or lost/broken items Full replacement costs are chargeable for keys, fobs, security devices or associated items which have been lost, damaged or broken.

NON-HOUSING ACT TENANCIES - GENERAL FEES & CHARGES

Fee of Intent Equivalent of one (1) week's rent which will be put towards your first rental payment, due at the start of the tenancy.
Tenancy paperwork £180 one off charge.
Company reference checks £120 per tenant reference.
Deposit Equivalent to six (6) weeks’ rent, although this may be higher if you have pets or if specifically negotiated.
Check-in and/or Check out £100 - £500 depending on the size of the property. Check your tenancy agreement to confirm who is responsible for paying this charge.
Change of sharer Up to £50 to cover referencing and administration, or any reasonable costs incurred if these are higher than £50.
Early termination (at Landlord’s discretion) All costs, fees and charges incurred by the Landlord for allowing early termination including the agent's existing or re-letting fees as well as the rent until such time as the tenancy is terminated upon mutual agreement.
Stamp Duty Land Tax Payable on tenancies where the rent for the total tenancy exceeds £125,000.
Bank charges There is no charge for payments to UK bank accounts. A £30 charge is payable for overseas transactions.
Default fees and charges Interest may be charged on late or unpaid rental payments at 3% above the base rate of Bank of England per annum, calculated daily where rent is unpaid for fourteen (14) days or more.
Replacement keys or lost/broken items Full replacement costs are chargeable for keys, fobs, security devices or associated items which have been lost, damaged or broken.

Eccord Ltd is a member of The Property Ombudsman (TPO) and is part of the Propertymark Client Money Protection Scheme (CMP).