Lettings Fees

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Here at Red Brick we offer competitive fees . All deposits are held in our account with the Deposit Protection Service. So you can be assured that your money is held securely throughout your tenancy, with a government approved deposit scheme provider.

Once you have viewed a property and decide to apply to rent it you will need to complete an application form and provide various documents to support your application including photo ID (Passport/Driving Licence). Please note guide or assistance dogs are welcome at all our properties.

Tenant Fees

The Permitted Payments are:

• Rent

• A refundable Tenancy Deposit (capped at five weeks rent for rent not exceeding £50,000 per annum or six week’s rent if greater)

• A refundable Holding Deposit to reserve a property (capped at one week’s rent) This may be retained should the required paperwork not be submitted within 15 days, misleading information was supplied,  a right to rent check failure. Or tenant pulls out of the proposed tenancy.

• Novation, Variation of Assignment of Contract capped at up to £50 including VAT (or agents reasonable cost incurred if higher (which must be evidenced)

• Surrender of Tenancy (covering the landlord’s costs in reletting the property, all rent outstanding until a new tenant is found (up to the maximum outstanding rent on the tenancy)

• Default Fees (lost keys or other respective security devices; late rent payment after 14 days rent was overdue capped at 3% above the Bank of England Base Rate (currently at 0.75%)

• Utilities (water, gas or other fuel, electricity, sewerage); Communication Services (phones other than mobile phones, Internet, Satellite television); Council Tax; Green Deal charge (or any subsequent energy efficiency scheme)

Landlord Fees

We offer various levels of services to Landlords in Coventry & Rugby and the surrounding areas, including:

Basic : ( Let Only ) 75 % +VAT of first months’ rental.

Standard:

Contact us for a free no obligation, bespoke rental valuation. We charge £399 set up fee per tenancy and 12% inc VAT of monthly rental management fee.

Advanced: We charge £399 set up fee per tenancy and 15% inc VAT of monthly rental.

Contact us directly if you would like more information relating to our fees or the services we can offer.