Our fees
Fees for tenants
Fees and Charges (all are inclusive of VAT)
Before you move in
| Agency Fee Covers referencing – Identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers/landlords and processing guarantor documents, any other relevant information to assess affordability, as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement. | £200 per tenant |
| Company Let agency fee (not applicable to individuals) Covers referencing as per above. | £300 |
| Check in – lock out appointment due to incomplete paperwork or missing funds. | £60 |
| Missed check in appointment. | £60 |
During your tenancy
| Overdue rent late for more than 3 days (per property per month) | £24 |
| Overdue rent of 14 days (per property per month) | £36 |
| Incorrect rent payments. Includes paying by incorrect methods, incorrect amount, returned payments. | £12 per payment or 1.1% if over £1,000 (per payment) |
| Rent chaser letter or letter addressed to guarantor regarding breach of tenancy. | £30 per letter |
| Letter sent by solicitor to chase arrears | £48 per letter |
| Coapt to return any overpaid funds or return rent due to the tenant not cancelling monthly standing order. | £30 |
| If funds being paid by COAPT to a tenants international bank account | £60 |
| Fee for non-payment of a tenant invoice within 7 days. | £18 |
| If tenant requires a bedroom door lock fitted (part of Coapt multi-lock system) | £114 |
| Removal of unauthorised bedroom door lock | £60 |
| Replacement key cutting (Standard key) | £18 |
| Replacement key cutting (Multi-lock key) | £30 |
| Re-inspection fee | £30 |
| Misuse of emergency plumbing and Carbon Monoxide alarm number fee | £30 |
End of tenancy
| If a tenant finds a suitable replacement and then exits their tenancy early | £450 |
| If the tenant instructs Coapt to advertise their room if looking to exit their tenancy. | £132 |
| If Coapt sources a replacement on behalf of a tenant looking to exit their tenancy. | £132 |
| If the tenant wishes to renew their fixed term tenancy agreement | £60 per tenant |
| Check out fee (tenants share) Covers attendance to the property to conduct a check out inspection and report. It also covers the entire process for returning the deposit. | £30 per tenant |
| Missed check out appointment. | £60 per appointment |
| Referencing fee | £30 per reference |
Coapt are members of the Property Ombudsman, client money protection is provided with our membership to UKALA
Fees for landlords
Fees and Charges (all are inclusive of VAT)
| Levels of service offered Rates negotiable for multiple properties
| 2.4 weeks rent |
| Tenancy Set up fee An administration, external professional photographic inventory and check-in / check-out fee | £342 |
Tenancy Renewal Fees
| £180 £240 £342 |
| Deposit Registration Fee For registration of each deposit registered with MyDeposits Ltd (subject to change in the fees charged by MyDeposits) | £36 |
| If a property is let on individual tenancy agreements. | £60 per tenant |
| Credit checks (for insurance purposes) | £18 per check |
| Backdated client statements. Charge only applies if the number of statements exceeds 3. | £30 |
| Overseeing large maintenance repairs / improvements if greater than £300 | 12% |
| For Coapt to complete and manage an application if a property needs to be licensed under the Housing Act 2004 or an additional licencing scheme. | £270 |
| For Coapt to oversee any works needed to be completed in order to be issued with a HMO licence. | 5.1% |
| The landlord may terminate the agreement by giving one months’ notice in writing. | 6 months commission |
| Involvement with any property insurance claims, this charge does not include overseeing of works | £50 |
| Gas Safety Certificate | £66 |
| Gas Safety Certificate and Service | £114 |
| Energy Performance Certificate | £84 |
| Electrical Condition Report | £210 |
| Thumb turn locks (Incl 7 keys) | £102 |
| Key cutting cost (per key) | £18 |
| Fire Blanket | £24 |
| CO Detector | £36 |
| Fire Plaque | £18 |
| Fire Alarm Test (Grade D – Additional HMO) (Annual) | £108 |
| Fire Alarm Test (Grade A – National HMO) (6 Month) Next 6 month is £85 + VAT (£102 Incl VAT) | £144 |
| Emergency light testing | £108 |
| Floor Plan (Up to 3 bed) | £90 |
| Floor Plan (4/5 bed) | £102 |
| Floor Plan (6+ bed) | £120 |
| GSI + Service | £114 |
| Additional visits to the property by the Agent, at the Landlords request (including Coapt attendance for British Gas visits) £42 per visit including first half hour and £30 per half hour thereafter. | £42 & £30 |
Coapt Ltd are members of The Property Ombudsman, client money protection is provided with our membership to UKALA.
