Guide To Tenant Fees
The following are permitted payments which we may request from you:
a) The rent
b) A refundable tenancy deposit 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) A refundable holding deposit (to reserve a property) capped at no more than one week`s rent
d) Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher
e) Payments associated with early termination of the tenancy, when requested by the tenant equivalent to the landlords costs.
f) Payments in respect of utilities, communication services, TV licence and council tax; gas and electricity.
g) A default fee for the late payment of rent at a rate of 3% over the bank of England base rate.
h) A default fee for the replacement of a lost keys/security device, where required under a tenancy agreement to be charged at cost.
Please call us if you wish to discuss this further.