Guidance of Tenant rental fees are provided below which gives and overview of charges linked to renting a property, such as deposits, late-payment costs or variation of contract.
Guidance of Tenant rental fees are provided below which gives and overview of charges linked to renting a property, such as deposits, late-payment costs or variation of contract.
One week’s 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).
Five weeks’ rent.
Rent Under defaults on the part of the tenant during the tenancy.
Six weeks’ rent.
Rent Under defaults on the part of the tenant during the tenancy.
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If
the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
£50 (inc. VAT) per agreed variation.
To cover the costs associated with taking landlord’sinstructions as well as the preparation and execution of new legal documents.
£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and
Right-to-Rent checks, deposit registration as well as the preparation and execution of new
legal documents.
Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent
outstanding on the tenancy.
The redress scheme we are members of is The Property Ombudsman and we hold Client Money Protection via ARLA Propertymark – Scheme reference C0131081
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