top of page

Landlord's Fee
 

Tenant's Fee
 

 

 

As of 1 June 2019, Sab Estate Agent adheres to the regulations prohibiting charging tenants any fees beyond those specified under Permitted Payments. Moving into a new home and renewing a tenancy will incur fewer costs.

​

Permitted Payments:

  • Tenancy Deposit: Capped at no more than five weeks' rent if the annual rent is under £50,000, or six weeks' rent if the annual rent exceeds £50,000.

  • Holding Deposit: Capped at no more than one week's rent.

  • Changes to Tenancy Agreement: If requested by the tenant, including changes of sharer, capped at £50.00.

  • Default Charges: For late payment of rent or replacement of lost keys/security devices.

  • Early Termination: Charges are applicable if the tenant initiates early termination of the tenancy.

Payments That Are Not Permitted: From 1st June 2019, Sab Estate Agent and landlords cannot charge tenants for:

  • Setting up a tenancy.

  • Renewing a tenancy.

  • Check-out fees under the Act.

However, for tenancies entered into before the 1st of June 2019, if the original contract stipulated certain renewal fees, these can still be charged for renewed fixed-term agreements or statutory periodic agreements until 31st May 2020. Similarly, check-out fees for pre-June 2019 tenancies can be charged up until 31st May 2020.

Additional Notes:

  • Rent increases can only occur once per year.

  • Unpaid rent or returned payments will incur interest at 4% above the Bank of England Base Rate from the due date.

For any questions or further information regarding charges, please contact Sab Estate Agent.

​

​

Here is an overview of our service fees. A complete summary of our services, including detailed terms and conditions, will be provided to you separately.

​

Let Only


We do not offer Let only service however this is now part of our Rent Collection or Full Management Service

Let Only with Rent Collection
14.4% (including VAT) of the total rent payable during the tenancy

​

Fully Managed Service


18% (including VAT) of the total rent payable during the tenancy

​

Renewal Letting Fees


Same as above

​

Inventory


Sab Estate Agent uses a third-party company to carry out professional inventory.  Please enquire with us regarding the cost of Inventory check & check (Both to be paid by the landlord)

 

Additional Fees (all inclusive of VAT)

​

  • Tenancy Set up Fee: £300.00

  • Energy Performance Certificate: £95.00

  • Additional Property Visits: £100.00 per visit

  • Electrical Installation Condition Report (EICR): £225.00

  • Gas Safety Certificate: £90.00

 

Please contact us if you have any questions or need further clarification on our services and fees.

​

Unpaid Rent / Returned Payments will be subject to interest at 4% above the Bank of England Base Rate from the date due

​

​

bottom of page