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Fees and terms for tenants


Deposit for a long let tenancyEquivalent to five weeks' rent
Deposit for a short let tenancyMinimum of £500 subject to length of short let tenancy


Other fees

Contract variation, novation, amendment or change of occupant at the tenant’s request within an existing tenancy£50
Default fee of interest on late rent if rent is more than 14 days overdue3% above Bank of England base rate
Default fee for lost keys or other respective security devicesActual cost of replacement


Fees for non-Assured Shorthold Tenancies / non-Licences

Tenant fee£250 per person
This is fixed-cost fee that can cover a variety of works depending on the individual circumstances of each tenancy, including but not limited to conducting viewings, negotiating the tenancy, verifying references, undertaking Right to Rent checks (if applicable) and drawing up contracts. It is charged on a per individual basis – not per tenancy. The charge will not exceed £250 inc VAT per individual and will only be applied to the first four individuals entering into the tenancy where there are more than four individuals taking occupation of the property. The charge will not exceed this sum unless you request or cause one of the specific additional services or fees set out elsewhere in this document.

All fees unless otherwise stated are inclusive of VAT


Client Money Protection


Exedra Management Limited t/a Leo Newman is provided by Propertymark. The scheme accounting rules, as well as our conduct and membership rules, can be found in the Propertymark Conduct and Membership Rules


Standard Fees & Terms for Tenants


Leo Newman fees and terms for tenants


Standard Fees & Terms for Short Let Tenants


Leo Newman fees and terms for Short Let tenants


Credit Card Fees


Leo Newman passes on any credit card costs to applicant/buyer.


Corporate Services


For Corporate fees and terms please contact your local office.