Holding Fee (per tenancy) - One week's rent. This is to reserve a property. Please note; this will be withheld if any relevant person (including 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 agreement (and / or Guarantor's agreement) within 15 calendar days (or other deadline for agreement as mutually agreed in writing).
Security Deposit (per tenancy, Rent under £50,000 per year) - Five week's rent. This covers damages or defaults on the part of the tenant during the tenancy.
Security Deposit (per tenancy, Rent over £50,000 per year) - Six week's rent. This covers damages or defaults on the part of the tenant during the tenancy.
Late or Unpaid Rent - Interest at 3% above the Bank of England base rate from Rent Due Date until paid. Please note; this will not be levied until the rent is more than 14 days in arrears.
Lost keys or other security / parking devices / permits. Tenants are liable for the actual cost of replacing any lost keys or other security / parking devices / permits; as per the invoice provided. If the loss results in locks needing to be changed, the actual costs of a locksmith, their call-out charge, new lock and replacement keys for the tenant, landlord and other persons requiring keys will be charged to the tenant. A further charge of £50+VAT (£60) will be added for administering the replacement.
Variation of Contract (tenant's request) - £50+VAT (£60) per agreed variation. To cover the costs associated with the negotiation as well as the preparation and execution of new legal documents.
Early Termination (tenant's request) - £50+VAT (£60) plus Landlord's expenses incurred. Should a tenant wish to leave their contract early, they shall be liable to pay the landlord's expenses in their early termination and re-letting of the property, as well as all rent and bills due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the property.
Client Money Protection: SW19 are members of UKALA. Our membership number is 073678
Independent Redress: SW19 are members of The Property Redress Scheme. Our membership number is 073678.
Deposit Protection Scheme: Your deposit, if protected by SW19, will be protected by My Deposits. Our membership number is 30002449.
Complaints: For our full complaints procedure visit sw19.com/complaints-procedure.