Fees to Tenants

Holding Deposit – 1 Week’s Rent – A deposit paid by a tenant in order to secure a property whilst the administration takes place. If the let proceeds, this fee is refunded or offset against the move in monies. If the tenant(s) changes his/her mind, it will be forfeited  

Tenancy Deposit – 5 Weeks Rent – Any money intended to be held by the Landlord or otherwise as security for the performance of any obligations of the Tenant or the discharge of any liability of his arising under or in connection with the Tenancy.

Late Rent Payment Fees – Interest payable once rent is 14 days or more overdue and levied from the first day of rent arrears period at 3% above Bank of England Base Rate

Lost keys or security devices - Actual cost of replacement 

Tenancy Variation - Change or amendment to terms during tenancy, requested by tenant (ASTs) £50 including VAT

Ending a tenancy early – Reasonable costs incurred by the Landlord but  not more than the total amount of remaining rent due under the tenancy