Our fees
Fees for tenants
For tenancy agreements signed after 1st June 2019
For tenancies signed after 1st June 2019 as well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments
Before the tenancy starts (payable to Coapt ‘the Agent’)
Holding Deposit: 1 week’s rent
Deposit: 5 weeks’ rent
During the tenancy (payable to the Agent)
Payment of up to £50 if you want to change the tenancy agreement. This could include a change of sharer, pets to be kept in the property or or any other amendment which alters the obligations of the agreement.
Payment of reasonably incurred costs for the loss of keys/security devices
During the tenancy (payable to the provider) if permitted and applicable
Utilities – gas, electricity, water
Communications – telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Television licence
Council Tax
Other permitted payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Tenant protection
Coapt is a member of The Property Ombudsman, which is a redress scheme and a member of UKALA with client money protection
Click here to view our client money protection certificate, click here to view our client money handling procedures.
Fees for landlords
Fees and Charges (all are inclusive of VAT)
Coapt is a member of The Property Ombudsman, which is a redress scheme and a member of UKALA with client money protection
Click here to view our client money protection certificate, click here to view our client money handling procedures.
| Management Service Rates negotiable for multiple properties |
|
| ♦ Tenant Introduction Service | 3 weeks rent +VAT |
| ♦ Part managed service | 12% |
| ♦ Fully managed service | 14.4% |
| Inventory and administration for introduction properties | |
| ♦ Inventory only | £300 |
| ♦ Inventory, check in and check out | £480 | Inventory and administration for managed properties |
| ♦ Studio to 3 bedrooms | £390 |
| ♦ 4 to 6 bedrooms | £450 |
| ♦ 7 bedrooms and above | £480 | Tenancy Renewal Fees |
| ♦ For fully managed contracts, if all Tenants renew the AST | £210 |
| ♦ For introduction only service, any renewing tenant | £50% of service fee |
| ♦ Part renewal of a tenancy with a check in and checkout of tenants using existing inventory | £270 |
| ♦ Part renewal of tenancy with check in and check out and new inventory construction | See inventory and administration costs above | All other charges |
| For registration of each deposit registered with MyDeposits Ltd (subject to change in the fees charged by MyDeposits) | £42 |
| Deposit dispute processing fee | £120 |
| Change of tenant – Paperwork only (Introduction properties only) | 1 weeks rent +VAT |
| Change of tenant – Tenant find and paperwork (Introduction properties only). | 2 weeks rent + VAT |
| If a property is let on individual tenancy agreements. | £36 per tenant |
| Guarantor credit check | £12 per check |
| Tenant credit check | £6 per check |
| 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 | £300 |
| 3D tour | £108 – £288 |
| The landlord may terminate the agreement by giving one months’ notice in writing | 6 months commission |
| Gas Safety Certificate | £66 |
| Gas Safety Certificate and Service | £120 |
| Energy Performance Certificate | £96 |
| Floorplan (0-4 beds) | £66 |
| Floorplan (5+ beds) | £78 |
| EPC & Floorplan | £132 |
| Electrical Condition Report | £210 |
| Fire Alarm Test (Grade A/D) | £90 |
| Emergency light testing | £72 |
| PAT test | £66 |
| Legionella risk assessment | £60 |
| CO Detector (supply and fit) | £55 |
| Fire Blanket (supply and fit) | £50 |
| Fire Plaque (supply and fit) | £48 |
| Key cutting cost (per key) | £6 |
| Mattress protector | £18 |
| Heater/dehumidifier weekly hire charge | £42 |
| Positive airflow unit installation (2 storey) | £660 |
| Positive airflow unit installation (3 storey) | £912 |
| Positive airflow unit service | £54 |
| Property visit charge (per hour) | £42 |
| Property inspection with photographic report (rent and collect or introduction properties) | £90 |
| Delivery of items from office to property | £24 |
| Overseeing large maintenance repairs/HMO works/improvements if greater than £300 | 12% |
| Turnaround works overseeing charge | 12% |
