Tenant Fees

At Madison Fox we believe in being open and transparent. This includes publishing a full list of the rental agent fees associated with renting a property through us. The agent managing your rental will be able to confirm which apply to you.

Before the tenancy starts

Reservation fee: 1 week’s rent. This will be deducted from your first month’s rent.

Deposit: up to 5 week’s rent for rentals up to £50,000 per annum

Up to 6 weeks’ rent for rentals over £50,000 per annum

During tenancy

Payments to other third parties, e.g. council tax, utilities, communications services

Default charges e.g. replacement of lost keys, interest on overdue rent (this will not exceed 3% above the Bank of England base rate)

Tenancy transaction charges, e.g. requests to change or assign the tenancy (this charge will reflect the cost incurred by the landlord)