Tenancy Fees & Permitted Payments

Rent

Rent is payable as agreed within your tenancy agreement.

Tenancy Deposit (where applicable) – 5 Weeks Rent

A refundable tenancy deposit will be taken before the tenancy begins and will be protected in a Government-approved tenancy deposit protection scheme.

Holding Deposit

A holding deposit of no more than one week’s rent may be required to reserve a property.

Changes to the Tenancy

Where requested by the tenant, a fee of up to £50 (including VAT) may be charged for:

> Changing a tenant.
> Varying or assigning the tenancy.
> Novating the tenancy.
> Any other change requested by the tenant.

If the cost incurred is greater than £50, evidence of the reasonable costs will be provided.

Early Termination

If you ask to end your tenancy before the end of the fixed term, you may be required to pay the landlord’s reasonable costs, together with any rent due until a new tenancy begins.

Late Payment of Rent

Interest may be charged on rent outstanding for more than 14 days, at a rate of up to 3% above the Bank of England Base Rate, calculated from the date the payment became overdue until it is paid.

Lost Keys or Security Devices

You may be charged the reasonable cost of replacing any lost keys, key fobs or other security devices. If changing locks is necessary, you will also be responsible for the reasonable costs incurred. Evidence of these costs will be provided upon request.

Utilities & Council Tax

Unless otherwise stated within your tenancy agreement, tenants are responsible for paying:

> Council Tax
> Gas
> Electricity
> Water
> Telephone
> Broadband
> Television Licence & any other services connected to the property during the tenancy.