Residential Letting Fees

Landlords fees:

KALMARs charge our residential landlords 10% of the annual rent plus VAT (in an instance where this is less than £1,500 then we will simply charge a minimum set fee of £1,500 + VAT) for the marketing of the property and securing a tenant. In most lettings we do recommend that an inventory report is produced however this and any other costs associated with letting a residential property are at the discretion of the landlord not KALMARs.

List of Lettings Payments

All payments and documents must be received prior to tenancy agreement being signed.

A tenant fee ban took place on the 1st June 2019 for most tenancies starting on or after that date.

The ban covers assured shorthold tenants, student lettings and lodgers living with a private landlord.

You can't be charged for things like:

  • references
  • administration
  • credit and immigration checks
  • renewing your tenancy when your fixed term contract ends

It covers fees charged to tenants and their guarantors.

If you've been charged a banned fee your landlord can't give you a section 21 notice if they've charged a banned fee unless they refund your money. This won't apply if it was an agent who charged the fee.

Reference checks are conducted externally and usually by Rent4sure. This is to review, assess and report to the landlord regarding your letting history, employment and credit score.

Inventory Check

This to protect your deposit. We usually employ an independent company to assess the condition of the property when you move in and out. It is there to ensure no irregularities or difference of opinion jeopardise the security deposit. This process comes in two stages; check in and check-out which is paid for by the owner.

Money Protection Scheme

As KALMARs Residential do not receive, hold or transfer any form of deposits we are not part of a money protection scheme. This is a responsibility of either your property manager or landlord.

Redress Scheme

KALMARs Residential are a registered member of The Property Redress Scheme

If references are failed it is likely you will not be granted a tenancy of the property (this will be at the owner’s discretion)