Oscar Knight
Oscar Knight

020 3909 0888

property@oscarknight.co.uk

Thinking of buying, selling or renting?

Whatever your requirements, We can help.

Thinking of buying, selling or renting?

How much is your property worth?

Book a complimentary valuation today

How much is your property worth?

Need some property advice?

Get in contact with our professional team who specialise in sales and lettings.

Need some property advice?

Founded in 2009, Oscar Knight is an award winning, owner run agency specialising in Residential Lettings, Sales and Property Manangement.

As estate and letting agents we provide a tailor made, high quality service for landlords, home buyers, vendors and tenants dealing with property predominantly in South West & West London including Wandsworth, Southfields, Wimbledon, Putney, Acton, Chiswick and Ealing.

We’re members of the key trade bodies including the NFOPP, the Property Ombudsman & UKALA, to name a few; ensuring that we abide by their strict codes of practice thus offering the highest level of service whether you’re a tenant, landlord, buyer or seller.

We've thought long and hard about doing things differently - and better - not just replicating what every other agent out there does. We offer expert help with all your property needs - from a property valuation or renatl valuation to helping you find your perfect property for sale or let.

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Letting Fee Information

Tenant Fees & Charges

There are various fees and charges associated with renting a property that you should be aware of when considering making an offer on a property available through us; some are mandatory and some are possible additional fees. They are as follows:

Property Reservation

We ask for a property reservation payment of £500 before we put forward any offer to the landlord as confirmation of your intent to proceed with the proposed tenancy. This will ensure that no other applicant of Oscar Knight Agents will be shown the property (although bear in mind that landlords sometimes instruct other agents, over whom we of course have no control). Should the Landlord decide not to proceed with the tenancy, the payment will be refunded IN FULL unless the Landlords decision is as a result of you failing the referencing procedure (see reference charges below) or by you attempting to alter the initial terms of the proposed contract. The property reservation payment is non-refundable in any part for any other reason. Payment of this sum does not constitute the granting of a tenancy


Security Deposit

A security deposit equivalent to 6 weeks' rent (8 weeks if you are a student) must be paid in cleared funds when you sign the tenancy agreement and is held by the landlord or Oscar Knight Estate Agents as Stakeholder for the duration of the tenancy in accordance with the terms of the tenancy agreement.


Admin Fees

Oscar Knight will typically charge a one off tenancy administration fee of £350 inclusive of vat on a per property basis at tenancy start. This fee covers the cost of drawing up a legally binding contract for the tenancy aswell as the costs associated with referencing each applicant inclusive of checking credit status, current employer, current or past landlords, and taking into account any other information to help assess the affordability of a tenancy application. It also covers the cost of conducting a check-in at tenancy start.


References

You are responsible for any administration charges levied by your own bank in relation to obtaining a reference

Should you fail reference checks the £500 property reservation payment shall be refunded less a referencing charge of £99.00 inclusive of vat per tenant applicant and or guarantor.

A reference may be requested by a tenant at any time. The cost for this service is £24 inclusive of VAT per reference and is payable upon request.


Renewals

You will be contacted approximately 90 days in advance of the tenancy end date to ascertain if you wish to extend your tenancy or to confirm the date you will be vacating the property. If the tenancy is renewed, no fee is payable by the tenant to cover our administration for this.


Change of occupancy

In the event that one or more tenant(s) wishes to be replaced during the tenancy, consent will need to be obtained by the landlord first. It is usual practice that the landlord will require a suitable replacement tenant to be found prior to allowing the tenant(s) to be released from the obligations of the tenancy. The replacement tenant will need to provide suitable references and take over the tenancy from a relevant date i.e. the rent due date. The exiting tenant will need to 'surrender' the tenancy and upon receipt of written landlord consent Oscar Knight will draw up a new tenancy agreement for signature by the new tenant along with all the remaining parties. The deposit and check-in for the original tenancy will apply to the new tenancy. An administration fee of £120 inclusive of VAT will be charged for this.


Change of identity

Upon receipt of written landlord consent Oscar Knight will draw up a new tenancy agreement for signature by all parties. An administration fee of £84 inclusive of VAT will be charged for this.


Arrears

An administration fee of £54 inclusive of VAT will be charged for each letter sent by Oscar Knight regarding late or non-payment of rent for administration charges.

Should any fees or charges remain outstanding at the end of the tenancy, Oscar Knight will deduct the total amount due from the security deposit.


Debit/Credit Card Payments

There are no charges for payments made to Oscar Knight via EU debit card or EU Credit card.


Stamp Duty Land Tax

This tax is payable on tenancies where the rent exceeds £125,000. Please contact HMRC for further information.


Amendments

Oscar Knight reserves the right to change the schedule of fees and these terms of business upon providing reasonable notice in writing.