This information is intended to inform prospective Tenants of 'professional' properties of the fees they can expect to incur during a typical tenancy. Please read and understand this information carefully before deciding whether to apply for a property. Please note that separate fees apply to 'student' properties. These can be seen on our 'Student FAQs' and Student 'How to Rent a Property' pages.
|Fee||Service Provided/Circumstances Required||How calculated||When payable|
|Rent||As consideration for renting the property.||As per the Tenancy Agreement||As per the Tenancy Agreement|
|Deposit||To protect Landlord against damage or expenses caused by the Tenant during the Tenancy||
One month’s rent + £100 when renting whole property if rent above £650 or One month's rent + £50 when renting whole property if rent below £650.
Half one month's rent for room by room lettings
|At the start of the Tenancy before keys collected|
|Changes to the Tenancy||When requested by the Tenant, for example change of sharer||£50 including VAT||When tenancy changed|
|Early release Fee||If Tenant wishes C.P. Walker & Son to advertise the property to find replacement Tenants if the Tenant is seeking an early surrender of their Tenancy (i.e. during the fixed term of a Tenancy)||Landlords Loss or Agent's Reasonable Costs||When existing tenant instructs C.P. Walker & Son to readvertise for replacement Tenants|
|Default Fee||Late payment of rent or replacement of a lost key/security device||Overdure rent or lost key/security device||
Arrears - interest at 3% above the Bank of England's annual % for each late day.
Keys - Reasonable costs incurred for replacement
CP Walker & Son is a member of the RICS and as such is covered by its Client Money Protection Scheme.
CP Walker & Son is a member of the "The Property Ombudsman" Redress Scheme - Membership Number T01394.
"CP walker were my first choice as a letting agent as they were also the Estate agent I bought the property through several years ago. All of the staff were incredibly supportive then on what became a difficult and protracted purchasing process, so I was confident of excellent service on a landlord let arrangement. They very quickly found ideal tenants for my house last year and throughout the process offered great advice and support to both parties. Rex Walker in particular has been terrific and you couldn't want for a better advisor. I'd thoroughly recommend to all. [Let Only and now Managed Client of 2 years]"