TENANT FEE SCHEDULE
Holding Deposit
One weeks rent. This is to reserve a property whilst referencing is taking place. Please note that this deposit will be withheld should any relevant person including any guarantor required a) withdraw from the tenancy b) fail a Right to Rent check c) provide materially significant false or misleading information or d) fail to sign their Tenancy Agreement and/or Deed of Guarantee by the deadline mutually agreed in writing.
Security Deposit
Five weeks rent to cover any damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent
Interest at 3% above Bank of England Base Rate from the rent due date until paid. This will not be levied until the rent is more than 14 days in arrears.
Lost Keys
Tenants are liable for the cost of replacing any lost keys or other security devices. If the loss results in locks needing to be changed, the cost of a locksmiths labour, new lock and replacement keys for the tenant (two copies) plus the landlord (one copy) and agent (one copy) will be charged to the tenant
Variation of Contract at the Tenants Request
£50 per agreed variation. To cover costs associated with taking landlords instructions and preparation and execution of new legal documents.
Change of Sharer at the Tenants Request
£50 per replacement tenant to cover costs associated with taking landlords instructions and preparation and execution of new legal document.
Early Termination at the Tenants Request
Should the tenant wish to leave their contract early, they shall be liable for the landlords costs in re-letting the property as well as all rent due under the tenancy until the end of their contractual tenancy date or the start date of a new replacement tenant, whichever is the earlier.