Monopoly – Buy Sell Rent

01978 800186

TENANT FEES

Information about tenant fees can be found here.

Holding Fee

As of June 2024 we are now charging a holding fee of £100 per property. This secures the property just for you whilst referencing etc takes place. The £100 will be discounted from the first months rent. This fee is fully refundable should you change your mind before the referencing takes place or should the landlord change his/her mind, or you are unable to meet the referencing criteria, through no fault of your own. However if you decide not to proceed with you application once the referencing process has been undertaken, or are found to have given incorrect information during the application, the holding fee will probably be kept by the agent. Please see the terms within the Holding Fee Information for Prospective Tenants, which you will be given in full to read before making the decision to make a holding fee  payment. 

Contract Holders/Tenants must be aware of the following possible costs in accordance with the Occupation Contract you will be asked to sign before moving into a property. 

Lost Keys or Keys not returned when the Contract Holder
leaves the property

Standard Yale style Key 
– £5 per key

Barrell Key – £9 per key

Specialist Security Key for doors where a code has to be
sent away £25 per key

 

Change of Locks £75.00

Late Payment
If the landlord instructs us to charge late fees/interest on overdue rent
it will be charged at 3% above the bank of England base rate

Wasted Time Charge/Second Hard Copy of your signed
Occupation Contract

If an appointment has been made and agreed with yourself for a checkout
inspection when you are due to leave and you are not at the property you may be
charged £25. You may also be charged £25 should you need a hard copy of your
signed Occupation Contract sent out.

 

Landlords Costs
You must be aware that your contract states 2.3
You will pay us (landlord) all reasonable losses, fees, damage costs and
expenses we incur: such as court costs, bank charges, professional fees,
landlords fees incurred due to a breach of contract/repossession order, late or
outstanding fees etc. These costs cannot be specific but could be significant.
The Landlord would be pursuing these costs and not the managing agent.
4.12 If the deposit is not enough, you must pay us the extra amount needed
to cover all costs, charges and expenses incurred and properly due
. These
cost would be calculated by the landlord getting quotes for any works required
based on the checkout report or any further expenses incurred during the
process.
The landlord would be pursuing these costs and not the managing agent

We have been using Monopoly Lettings for a number of years to manage our properties and are extremely pleased with the professional and efficient service they provide. The always ensure that all lettings are made in accordance with the current legislation and all necessary checks are completed to ensure compliance with regulation.

Steve E