Tenant Fees

• Holding Deposit (per tenancy) – Equal to 1 weeks (agreed) rent

This is to reserve a property. Please note this will be withheld if any tenant or person acting on behalf of a tenant (including any 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 (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing. Should the Tenant(s) withdraw or fail referencing due to non-disclosure and/or falsified references this fee will not be returned. It can, with your agreement be used as a contribution towards your first month’s rent or Tenancy Deposit if the Tenancy proceeds to move in/completion.

• Tenancy Deposit (per tenancy) – Equal to 5 weeks (agreed) rent when rent is less than £50,000 a year

covers damages or defaults on the part of the tenant during the tenancy

• Tenancy Deposit (per tenancy) – Equal to 6 weeks (agreed) rent when rent is more than £50,000 a year

covers damages or defaults on the part of the tenant during the tenancy

• Unpaid Rent

Interest charged at 3% above the Bank of England Base rate from the due date until paid. Please note; this will not be levied until the rent is more than 14 days in arrears.

• Lost Key(s) or other Security Device

Tenants are liable for the actual cost of replacing any lost keys or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord and/or any other persons requiring keys will be charged to the Tenant(s).

• Variation of Contract (Tenants Request) – £50 Inc VAT per agreed variation or any reasonable costs if higher

To cover the costs associated with taking the landlord’s instructions as well as the preparation and execution of new legal documents

• Early Termination (Tenant’s Request)

This is not an automatic right and will be reviewed & agreed on a case by case basis. Should the tenant(s) wish to terminate their contract early, they shall be liable for the landlord’s reasonable costs in re-letting the property to find a replacement tenant as well as the rent due under the tenancy until the start date of the replacement tenancy. Please note the total cost to the tenant will not exceed the maximum of the total rent outstanding on the property.