Deposits, pre-tenancy fees & during tenancy fees
Assured Shorthold Tenancies (AST)
Pre tenancy fees
During tenancy fees
Utilities
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| Holding deposit | Equivalent to one weeks rent (offset against your move in monies) |
| Tenancy security deposit | Equivalent to five weeks rent (or six weeks rent if over £50,000 annually) |
| Advance rent | First month's rent (or quarterly, bi-annually, annually as agreed) |
During tenancy fees
| Late rental payment | Interest will be charged at 3% per annum over the Bank of England's base rate from rent due date until paid in order to pursue non-payment of rent. |
| Lost keys | The cost of replacing them plus if required the cost of a locksmith, new lock and replacement keys PLUS any security fobs, including additional copies for the agent & landlord. |
| Change of tenant | £50 inc vat per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking Landlords instructions, new tenant referencing and right to rent checks, deposit registration and preperation and execution of new legal documents. |
| Variation of Contract | £50 inc vat per variation to cover the costs associated with taking Landlords instructions as well as the preperation and execution of new legal documents. |
| Early Termination | All Landlord's costs in re-letting the property plus all rent, council tax and utilities due under the tenancy until the start date of the replacement tenancy. The costs will be no more than the maximum amount of rent outstanding on the tenancy. |
Utilities
| Gas, Electricity, Water, Council Tax, Broadband, Satellite | In most cases the rent WILL NOT include any utilities and these charges will be the sole responsibility of the tenant to include any set up fees and monthly or annual charges. These will be transferred into the tenants name(s) at the commencement of the tenancy. View our handy 'tenant utilities' page here - to find helpful checker links. |
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