Tenants Fees Schedule - New Assured Shorthold
Holding Deposit
Holding Deposit (per tenancy) is one week's rent. This is to RESERVE a property. Please Note: This will be withheld if any applicable person (including any guarantors withdraw from the tenancy, provide substantially 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).
Early Termination (Tenant Request)
Your Tenancy Agreement remains in place for the duration of the agreed term. The Landlord will not authorise early Termination to end your Tenancy within the agreed term.
In some exceptional circumstances you may apply to the Landlord to source a replacement Tenant(s) to take over your Tenancy Agreement. The early termination charge will be 50% of the monthly rent. Your Tenancy Agreement will remain in place until a suitable replacement Tenant(s) is found and successfully passes all the credit checks and referencing criteria. Rent is due as normal as stated in your Tenancy Terms until a replacement Tenant is found. The bond is non-refundable for early termination cases.
Rent Arrears
In the case of a failure to make a payment of rent after the end of the period of seven days beginning with the ret due date, the prescribed limit is the aggregate of the amounts found by applying, in relation to each day after the due date for which the rent remains unpaid, an annual percentage rate of three per cent above the Bank of England base rate to the amount of rent that remains unpaid at the end of that day.
Missed Appointments
Where the actions of the tenant results in a missed appointment, the tenant is liable for the contractor’s call out charge, if applicable (inc. VAT).
Lost keys or other Security Devices
Tenants are liable to the actual cost of replacing any lost key(s), damaged locks or other security devices plus the actual cost includes the cost of that contractor’s labour, as evidenced by an invoice or a receipt.
Please ask staff member if you have any questions about our fees
