The following are permitted payments which we may request from you:
a) The rent
b) A refundable tenancy deposit (reserved for any damages or defaults on the part of the tenant) capped at no more than five weeks` rent where the annual rent is less than £50,000, or six weeks` rent where the total annual rent is £50,000 or above
c) Tenancy holding Deposit -Equal to 1 weeks (agreed) 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 (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Should the Tenant(s) withdraw or fail referencing due to non-disclosure and/or falsified references this fee will not be returned,It can, with your agreement, be used as a contribution towards your first months rent or Tenancy Deposit if the Tenancy proceeds to move in/completion.
d) Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher.
Variation of Contract
£50 Inc VAT per agreed variation
To cover the costs associated with taking the landlords instructions as well as the preparation and execution of new legal documents
e) Payments associated with early termination of the tenancy, when requested by the tenant
f) Payments in respect of utilities, communication services, TV licence and council tax; and
g) A default fee for late payment of rent Unpaid Rent: Interest at 3% above the Bank of England Base rate from the 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.
h) Replacement of a lost key/security device, where required under a tenancy agreement : Tenants are liable for the actual cost of replacing any lost keys(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 and/or any other persons requiring keys will be charged to the Tenant(s).
Please call us if you wish to discuss this further.
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