Our standard fees inclusive of VAT (except where stated otherwise) are detailed below:-
Introduction (let only) service.
9% of the first 12 months’ rent. The fees are due at the commencement of the tenancy and will normally be deducted from the first month’s rent.
Fully managed service.
15% of rents collected. The fees are deducted monthly or when we produce our statement to you.
Inventory/check-in or check-out.
Studio flat £120
One bedroom flat £132
One bedroom house £144
Two bedroom flat £144
Two bedroom house £156
Three bedroom flat £156
Three bedroom House £168
Four bedroom flat £168
Four bedroom house £186
Five bedroom flat £216
Five bedroom house £240
The above prices allow for:-
Houses – 1x Living Room, 1x Dining Room, 1x Kitchen and 1x Bathroom
Apartments – 1x Living Room, Kitchen/Diner, 1x Bathroom
(Additional Rooms e.g. En-Suite, Study, Utility charged at £10 extra per room)
Heavily furnished properties may also incur additional charges
Tenancy agreement renewal (introduction only).
6 month tenancy £90
12 month tenancy £180
Re-referencing existing tenants.
£36 per tenant
Landlord withdrawal from tenancy following successful referencing of tenants.
£240
Landlord termination of agreement with Wade Residential where tenants continue to rent the property (fully managed only).
1 month’s rent
Dealing with a deposit dispute at the end of a tenancy (introduction only).
£240
Rent guarantee/legal expenses policy (fully managed only).
Rents up to £1,250 PCM – £270 per year
Rents up to £2,500 PCM – £300 per year
Rents up to £3,750 PCM – £462 per year
Property licence application.
£180
Attendance at court.
£180 per visit/per day
Contractors invoices.
Examples are Energy Performance Certificate, Floorplan, Electrical Test Certificate, Gas Safety Test certificate. These are invoiced by an independent contractor and will therefore vary, depending on the nature of the work. The cost of any invoice will be passed onto the landlord or deducted from the rent.
Applies only to Assured Periodic Tenancies (APTs) in England from 1 May 2026 in line with Tenant Fees Act 2019 and Renters’ Rights Act 2025
Holding Deposit (Per Tenancy):-
Up to one weeks rent. This is to reserve a property. Please Note: This will 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 (or other Deadline for Agreement as mutually agreed in writing).
Tenancy Deposit (per tenancy. Rent under £50,000 per year):-
Up to five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.
Tenancy Deposit (per tenancy. Rent over £50,000 per year):-
Up to six weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.
Rent
The rent payable for the tenancy must not be more than the advertised amount. The rent period must either be one calendar month or a shorter period of up to 28 days. A tenant will be able to end a tenancy by giving two months’ notice in writing. The end date of the tenancy must align with the end of a rent period.
Rent in advance of move in date
Rent is payable following signing of the tenancy agreement and in accordance with the agreed tenancy terms. For tenancies entered into on or after 1 May 2026, no more than one month’s rent may be requested in advance.
Late Payment of Rent
Interest may be charged on unpaid rent if it remains outstanding for more than 14 days. Interest will be charged at a maximum of 3% above the Bank of England Base Rate from the date the rent became due until payment is made.
Lost Key(s) or other Security Device(s)
Tenants are liable for the actual cost of replacing any lost keys or security devices. If the loss results in locks needing to be changed, or replacement security devices being issued, the tenant will be charged the reasonable cost of a locksmith or security engineer, new lock and replacement keys/devices for all relevant parties.
Variation of Contract (Tenant’s Request)
£50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request)
£50 (inc. VAT) per replacement tenant or reasonable costs incurred if higher. Includes referencing, Right to Rent checks, deposit registration and legal documentation.
Early Termination (Tenant’s Request)
If the tenant wishes to end the tenancy early (including where less than the required notice period is given), they will be liable for the landlord’s reasonable costs. Under an Assured Periodic Tenancy, then the landlord can charge a fee if their tenant does not give the correct amount of notice. The usual amount of notice is two months. The landlord can charge up to the amount of rent they would have received if the tenant had given the correct amount of notice.
