City Relay is a member of PRS (Property Redress Scheme) and CMP (Client Money Protect). You can find out more details on the agent’s website or by contacting the agent directly.
Tenant Fees
Before the tenancy starts payable to City Relay;
Holding Deposit: 1 week’s rent
Deposit: 5 week’s rent
During the tenancy payable to City Relay;
Payment of £50 if you want to change the tenancy agreement
Payment of interest for the late payment of rent at a rate of 3%
Payment of reasonably incurred costs for the loss of keys/security devices
Other costs
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Landlord Fees
Letting, Renewal and Rent Collection 10%+VAT
City Relay will;
- Update regularly on market conditions, legislation and health & safety
- Create adverts and market property on relevant property portals
- Arrange and undertake viewings
- Register the security deposit
- Collect rent money from tenants and release to client
- Chase overdue rent payments
- Liaise with both tenant and landlord when renewing
Letting, Renewal, Rent Collection and Management 12.5%+VAT
In addition to the letting, renewal and rent collection service City Relay will:
- Deal with daily management of the property including repairs
- Arrange for utilities to be transferred into the tenants name
- Pay contractors and deduct from monthly statement once work has been approved by the landlord
- Visit the property annually and provide inspection reports at request
- Monitor and arrange for the following safety checks when required; gas safety record, electrical safety tests, smoke and carbon monoxide alarms
- Arrange and manage the end of tenancy process and deposit return
Tenancy set up fee £225+VAT
Tenancy renewal fee £150+VAT
Cancelling a tenancy before move in £350+VAT plus costs
Interest on unpaid fees or costs 3% above Bank of England base rate, charged daily
Inventory check-in Third party charge
Inventory check-out Third party charge
Cleaning costs Third party charge
CMP Membership Certificate
PRS Membership Certificate