Permitted payments before moving in
Type |
Charge |
Holding Deposit (per tenancy)
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One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (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 agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
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Security Deposit (per tenancy. Rent under £50,000 per year)
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Five weeks’ 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)
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Six weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.
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Permitted payments after moving in which may be applicable to some applicants
Type |
Charge |
Unpaid rent |
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
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Lost Key(s) or other security device(s)
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Tenants are liable to the actual cost of replacing any lost key(s) 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 any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
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Variation of Contract (Tenant’s Request)
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Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
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Holding Deposit Change of Sharer (Tenant’s Request)
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Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
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Early Termination (Tenant’s Request)
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Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
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Non Housing Act and Company Let:
If your tenancy is a Non Housing Act or Company Let please see the fees below.
View fees