Rea Estates Property Sales - Tenant information

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50b Princes Street Bishop Auckland DL14 7AZ

Monday–Friday: 9AM–5.00PM,
Saturday: 9AM–1PM

Tenant information

 

TENANTS FEES

 

Welcome to our Property Management Services! We offer transparent and straightforward fee structures for all our applicants and tenants. Below is our detailed fee menu, which includes VAT, so you can easily understand the costs associated with your tenancy.

 

Fees • Security Deposit: Equivalent to 1 months rent . This deposit ensures that the property is returned in good condition and covers any damages or unpaid rent at the end of your tenancy.

 

Holding Fee: Equivalent to one week's rent taken to secure a property and will be held for 15 calendar days (unless otherwise expressly agreed) in order to complete all tenancy documents. This amount will be included in the first month’s rent .Thid fee may  be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 Calendar days

 

ALL DEPOSITS ARE LODGED AND REGISTERED IN THE DEPOSIT PROTECTION SERVICE WITHIN TWENTYEIGHT DAYS AS REQUIRED BY LAW.

 

 Keys/Security Device Replacement: In case you need a replacement for lost or damaged keys/device, charges will be applied at cost plus an agent’s time at a rate of £15/hour to manage your request efficiently.

 

Early Termination of Tenancy: If you wish to terminate your tenancy agreement within the fixed term, this will be subject to the landlord's agreement. Fees will cover the costs incurred by the landlord to re-let the property.

 

Removal of a Tenant: £50. This fee covers administrative costs involved in processing your request.

 

Addition of a New Tenant: £50. This fee includes the necessary background checks and paperwork required to add a new tenant to your lease.

 

Changing a Tenant: £50. If you need to substitute a tenant on the agreement, this fee will cover the administrative changes.

 

Change to Rental Payment Date: £50. Should you need to alter your rent payment date, this fee applies to ensure smooth processing.

 

Amend the Tenancy to Allow a Pet: £50. We’ll work with you to amend your agreement to welcome your pet into your home.

 

Late Payment of Rent: Charged at a daily rate of 3% above the Bank of England base rate (per annum).

 

Ensure timely payments to avoid additional charges. Our goal is to provide a seamless renting experience, and our carefully curated fee menu helps ensure you have all the relevant information upfront. If you have any questions or need further assistance, please don't hesitate to contact us!

Property search

You have all been so professional and helpful whilst selling my Mam and Dads house on their behalf, under what can only be described as a difficult decision for us as a family.  Both Sue and yourself have helped us in every way possible and we can’t thank you enough. Everything went through exactly as was stated in the conversations and emails we had with yourselves and I certainly wouldn’t hesitate to recommend to anyone who’s thinking of selling their family home.

 

Jackie 

On behalf of 

Lawrence and Joan Hunt

 

Jackie Cleminson, vendor - 01/08/2021

Rea Estates, in particular Susan and William, provided exceptional service and support during our recent sale process. From the outset their proactive, professional, hands-on approach put us at ease and this level of service was consistently maintained. We were regularly updated as the sale progressed and provision of this information was greatly appreciated, they provided a resourceful link between all parties. Without a doubt we will use Rea Estates again and cannot recommend highly enough. Thank you so much Rea Estates!
Comment on agent fees
Very happy with the fee

Adam Wells

Rea Estates were extremely professional and efficient throughout the sale of our house. A big thank you to Susan, who was always on hand to guide us and answer all our questions. Nothing was too much trouble and she progressed the sale smoothly and very quickly. In today's turbulent market it all went without  a hiccup, thanks  again Rea Estates, you will be our first choice if we ever need an Estate Agent in the future. 

Karen Wager, vendor - 03/08/2021

Thanks for your help & support in our recent purchase of this property - I have to admit that we have been really impressed with your helpfulness and responsiveness to any queries we have raised; a refreshing change to my usual view and experience of estate agents.  If anyone is asking for Estate Agent recommendations in the Bishop Auckland area, then I'll certainly be pointing them in your direction.

Anon - July 2021
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