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Tenant Fees

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.

"We were really satisfied with the service provided to us from CP Walker & Son. We had a tight deadline to sell our house, and to complicate things had tenants who sometimes restricted the access to the property for photos and viewings. CP Walker & Son, and particularly Mark Finnigan, dealt with these challenges in a professional and effective manner, providing us with support and advice while sensitively liaising with the tenants and respecting their rights, and ultimately bringing the sale through to completion. We really appreciated the integrity and good service throughout our dealings with CP Walker & Son."
Jason L