PERMITTED TENANTS FEES
Before the tenancy starts (payable to Oliver Minton Letting Agency ‘the agent’)
- Holding Deposit: 1 week’s rent held for 14 days whilst referencing takes place
- Security Deposit : 5 weeks rent payable on signing the tenancy agreement
During the tenancy (payable to the agent)
- Default fee for late payment of rent – Chargeable from 14 days arrears calculated on the interest at 3% above Bank of England base rate on the late payment of rent for each day that the payment is outstanding.
- Loss of a key or other security device – Landlords and letting agents can charge a tenant a fee to cover the cost of replacing the lost key or security device (e.g. fob, electronic device for garage doors / security gates).
- Payment on variation, assignment or novation of a tenancy – When a tenant has requested it, landlords and letting agents can charge to vary, assign or replace a tenancy. Fee charge £50 (including VAT).
- Payment on termination of a tenancy – Landlords and letting agents can require a tenant to make a payment for an early termination (surrender) of the tenancy agreement at the tenant’s request.. This must not exceed the financial loss that a landlord may suffer, or reasonable costs that have been incurred by the landlord’s agent resulting from an agreement for the tenant to leave early.
Referencing and Right to Rent Checks
You will be asked to complete an application before referencing can be undertaken, you should also provide an original photographic Identification (e.g. passport, National ID card, VISA, resident permit, driving licence) and Proof of Residence (e.g. original utility bill, council tax bill or bank statement all of which much be less than 3 months old)
Referencing will cover a check against the credit file and public records of the individual, an Anti-Money Laundering check, confirmation of employment and salary details, confirmation of previous tenancy details and right to rent checks
LANDLORD FEES
Most of our landlord clients have specific requirements, so we like to tailor our services accordingly to suit, which is why we do not offer a standard commission rate.
We ensure the commission charged is competitive as possible without compromising our high standards of service. So although a general guide of our fees are listed below, we would recommend that if you are thinking of renting out a property locally, to contact our Lettings Manager, Debbie Reynolds, on 01920 822999, to discuss in more detail, the various options available.
We offer a free market appraisal service.
Full Management
12% inc VAT of monthly rent
Initial Set Up Fee for each tenancy £ 120 inc VAT
EPC Compilation if required £85 inc VAT
Inventory Compilation at start of tenancy –price on application according to property size
Inventory Check out at end of tenancy-price on application according to property size
Renewal of tenancy agreement £60 inc VAT
Payment of the commission covers the following services:
- Promoting and generally marketing the Property.
- Introduction of a tenant for your property
- Negotiating the terms of the Tenancy between yourself and the tenant.
- Taking up references as agreed with the landlord through our preferred referencing company
- Collection of the deposit payable by the tenant against dilapidation and forwarding of this to the government-authorised Deposit Protection Scheme
- Organising a full property inspection and inventory check prior to the start of the tenancy and at the end, dealing with matters relating to unfair wear and tear before authorising release of the Tenant’s deposit from the DPS
- Collecting the rent monthly and paying over to the Landlord monthly (normally sent within 3 days of collection) less any fees or expenses due or incurred for the period. Payments will be made by direct bank/BACS transfer.
- We try our best to notify service companies – all of which are payable by the tenant at the commencement and termination of the Tenancy.
- Regular inspections of the Property are carried out throughout the term of the tenancy. Responsibility for and management of The Property when empty/vacant is not included, and will only be carried out by special arrangement.
- Co-ordination of repair or maintenance including arranging for tradesmen to attend the property and obtaining estimates where necessary.
- Negotiating rent increases with tenants and landlords
Tenant Find Only- Non Managed
70% of first months rent including VAT subject to a minimum fee of £800 including vat
EPC Compilation if required £85 inc VAT
Inventory Compilation at start of tenancy –price on application according to property size
Inventory Check out at end of tenancy-price on application according to property size
Renewal of tenancy agreement £60 inc VAT
Payment of the commission covers the following services :
- Promotion and marketing of the property
- Negotiating the terms of the Tenancy between yourself and the tenant
- Taking up references as agreed with the landlord through our preferred referencing company
- Collection of the deposit payable by the tenant against dilapidation and forwarding of this to the government-authorised Deposit Protection Scheme
- Organising a full property inspection and inventory check prior to the start of the tenancy
- Forward the first months rent to the landlord after deducting our fees/ charges as agreed
Landlords responsibilities throughout a tenant find only:
- Collecting the monthly rent
- Maintaining and checking the condition of the property
- Attending to any maintenance issues during the tenancy
- Negotiating tenancy renewals and rent increases
- Informing the agent of amounts to be deducted from the deposit at the end of the tenancy
Please note that all of our clients’ money is held in a client money protection service (CMP) provided by PropertyMark and that we are regulated by The Property Ombudsman
Get to know our team
Meet the Team
Oliver Minton
Managing Director
Linda Francis
Office Manager at Stanstead Abbotts
Debbie Reynolds
Lettings Manager
Sarah Hodson
Sales Progressor
Jon Hawes
Sales Negotiator at Stanstead Abbotts
Lucie Williams
Sales Negotiator at Stanstead Abbotts
Read our reviews
Why Choose Us
Choosing us means choosing a team that truly cares about your journey. We take the time to listen, understand your needs, and provide solutions tailored to you.
I was very happy with all aspects of my buying experience with Oliver Minton The staff are all friendly and helpful They go above and beyond to help buyers with the process from start to finish I would highly recommend them. Sarah Hodson is truly a star. We had several unexpected hiccups during the process […]
I was very happy with all aspects of my buying experience with Oliver Minton The staff are all friendly and helpful They go above and beyond to help buyers with the process from start to finish I would highly recommend them. Sarah Hodson is truly a star. We had several unexpected hiccups during the process but she dealt with them promptly & professionally. She chased up the relevant parties to resolve the issues and kept in constant communication with me to update me! It’s so important to have someone you can trust assisting you during the buying process and I felt that I could trust Sarah 100%
We had a great experience with this agency, where always there to help when needed or was always willing to communicate things to the landlady when needed. Also really helpful when you had any questions regarding processes.
We had a great experience with this agency, where always there to help when needed or was always willing to communicate things to the landlady when needed. Also really helpful when you had any questions regarding processes.
Debbie has been amazing over the last 10 years in various properties. Her help when moves were needed was brilliant and made transitions easy. Problems were always followed up and sorted whenever possible quickly.
Debbie has been amazing over the last 10 years in various properties. Her help when moves were needed was brilliant and made transitions easy. Problems were always followed up and sorted whenever possible quickly.
The lettings staff were always on hand to help with any problems or queries. They were very responsive to emails or phone calls and made renting through them a very seamless and easy process. Debbie was always happy to help and had brilliant communication. She responded to emails and returned telephone calls in a timely manner. […]
The lettings staff were always on hand to help with any problems or queries. They were very responsive to emails or phone calls and made renting through them a very seamless and easy process. Debbie was always happy to help and had brilliant communication. She responded to emails and returned telephone calls in a timely manner. If we ever had a query, she was always on hand to help.
Oliver Minton Lettings were slightly more expensive than other agents but this was justified with the professional and knowledgeable service they provided. I felt everything was covered by them which gave me the confidence to allow them to get on with their job and not worry about it. Both Debbie and Verity were brilliant to […]
Oliver Minton Lettings were slightly more expensive than other agents but this was justified with the professional and knowledgeable service they provided. I felt everything was covered by them which gave me the confidence to allow them to get on with their job and not worry about it. Both Debbie and Verity were brilliant to work with, kept me informed at all times and were very quick to respond to any queries which you often don’t get from companies these days..
Really good experience dealing with you guys. Debbie was really great and helpful when providing information and helping with any queries and questions.
Really good experience dealing with you guys. Debbie was really great and helpful when providing information and helping with any queries and questions.
Our experience with Oliver Minton Lettings was extremely good from start to finish. Debbie has been fantastic throughout our first letting experience! She has been very informative and helpful with her years of knowledge making the process very smooth.
Our experience with Oliver Minton Lettings was extremely good from start to finish. Debbie has been fantastic throughout our first letting experience! She has been very informative and helpful with her years of knowledge making the process very smooth.
What a pleasure its been having been a tenant for 8 years via Oliver Minton. Very professional and caring. A refreshing experience. After a poor previous experience, Debbie and the rest of the team have was always polite, professional and resolved any issues. I’d definitely recommend them to anyone!
What a pleasure its been having been a tenant for 8 years via Oliver Minton. Very professional and caring. A refreshing experience. After a poor previous experience, Debbie and the rest of the team have was always polite, professional and resolved any issues. I’d definitely recommend them to anyone!
Over the years that we have dealt with Oliver Minton Lettings we have always found them proactive and professional. We have enjoyed a good and fair working relationship. Debbie is an exceptional employee. Her letting industry knowledge is up to date and she is factual in her advice. She always makes time to explain and clarify […]
Over the years that we have dealt with Oliver Minton Lettings we have always found them proactive and professional. We have enjoyed a good and fair working relationship. Debbie is an exceptional employee. Her letting industry knowledge is up to date and she is factual in her advice. She always makes time to explain and clarify the situation for both Tenant and Landlord. Debbie’s communication is excellent and she manages to keep all parties in touch and appraised.