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|
|Application Fee||Taking up references and a demonstration of your commitment||£75 including VAT per person aged over 18 who would be living at the property||On acceptance of your application|
|Set Up Fee||Tenant's Share of Preparation of the Tenancy Agreement, Inventory/Schedule of Condition and deposit registration||£150 including VAT per property||At the start of the Tenancy|
|First Month’s Rent in Advance||As per asking rent||At the start of the Tenancy before keys collected|
|Deposit||To protect Landlord against damage or expenses caused by the Tenant during the Tenancy||One month’s rent + £100||At the start of the Tenancy before keys collected|
|New Tenant Application Fee||Taking up references for a new tenant joining an existing Tenancy||£75 including VAT payable by the new tenant||On acceptance of the new Tenant’s application|
|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)||£175 including VAT||When existing tenant instructs C.P. Walker & Son to readvertise for replacement Tenants|
|Pet Fee||If a Landlord consents to pet(s), a non-refundable payment to the Landlord of £100 including VAT per animal is required||£100 per pet. Note: a separate ‘Pet Agreement’ applies – please ask for details||When permission for pet(s) is given|
|End of Tenancy Cleaning||Tenants are contractually obliged to pay for properties to be professionally cleaned at the end of their tenancy||Dependent on size of property and its condition at end of Tenancy||End of Tenancy|
|When Tenant is in breach of relevant clause in Agreement (e.g. 'bounced' cheque; late rent payment; failure to put out/away refuse bins)||£30 including VAT per breach||Within 14 days of confirmed breach|
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 "Ombudsman Services: Property" Redress Scheme.
"I'd like to thank all at the office for being so nice and helpful throughout the 6 years you have been our letting agents. [Tenant for 6 years]"