The following fees apply to applicants and tenants
Permitted Payments that may apply during tenancy:
Tenancy Deposit: 1 Calander month
Rent and all outgoings (as per tenancy agreement).
Loss of keys, fobs or other security devices: replacement costs.
Late payment of rent: interest charge of 3% above the Bank of England base rate.
Change to the tenancy agreement after it has started (subject to landlord approval): £50 (inc VAT).
Early termination of tenancy after it has started (subject to landlord approval): Rent up to date new tenant moves in and landlord’s reasonable costs incurred to find and place new tenant.
Holding Deposit* : 1 weeks rent
*A holding deposit is money paid when you’ve agreed to rent a property, but haven’t signed a contract.
If you pay a holding deposit you’re guaranteeing you’ll take up the tenancy, subject to references being accepted.
If your reference or credit check is rejected because the information you provided at the time of application was not accurate or complete, or if you change your mind and no longer wish to rent the property, the holding deposit will not be refunded.
If the agreement is cancelled through no fault of your own, the holding deposit would be returned to you.
A holding deposit is usually deducted from your first months rent.
If you have any questions, please contact us.
We are part of the Client Money Protection Scheme.