Holding Deposit
(Per Tenancy)
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One weeks rent. This is to reserve a property. PLEASE NOTE: This will be withheld in full if any relevant person(including any guarantor) withdraws from the tenancy application, fails the Right-to-Rent check, provides false or misleading information, fails to provide the relevant information or fails to sign their tenancy agreement or Deed of Guarantee within 15 calendar days (or other deadline as mutually agreed in writing).A premium of 5% of the monthly rent will be charged for properties that accept pets to cover the landlord’s extra risk of damage
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Security Deposit
(Per Tenancy. Rent Under £50,000 pa) |
Five weeks rent.
This covers damage or defaults by the tenant during the tenancy. |
Unpaid Rent |
Interest at 3% above Bank of England base rate from rent due date until paid, levied after 14 days in arrears. |
Lost Keys or other Security Devices |
Tenants will be liable to pay the cost of replacing any lost keys or
Security Devices. If a locksmith or contractor is required, the cost of this will be the tenant’s responsibility in full. There will be an additional £50 including VAT administration fee.
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Variation of Contract |
£50 including VAT per variation. To cover the costs of taking landlords instructions, preparation and execution of new documents. |
Change of Sharer |
£50 including VAT per variation. To cover the costs of taking landlords instructions, referencing & Right to Rent checks and preparation and execution of new documents. |
Early Termination |
Should the tenant wish to leave early they will be liable for the landlords re-letting costs and all due rent until commencement of the replacement tenancy plus a charge of £50 including VAT for the Deed of Surrender. |
Tenants are also responsible for paying |
The Rent, Council Tax, Utility Bills, TV Licence, Installation of and Subscription to Communications & Media Services.
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