Tenants Fees

TENANTS FEES – per tenancy:

Tenancy Deposit   - 5 weeks rent.
A refundable tenancy deposit capped at no more than 5 weeks rent where the annual rent is less than £50,000 or 6 weeks rent where the total annual rent is £50,000 or above.

Holding Deposit – 1 weeks’ rent
A refundable holding deposit at no more than 1 weeks’ rent (to reserve a property).

DURING YOUR TENANCY:

 Amendment Fee - £50.00 inclusive of VAT.
Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.

 Early Termination Fee:  
The costs associated with the early termination of the tenancy.  The tenant is responsible for the remaining months of the tenancy.

OTHER FEES AND CHARGES:

 Lost Security Items - £50.00 inclusive of VAT.
Obtaining necessary permissions, sourcing providers and travel costs.

Unpaid Rent/Returned Payments :
Interest charged at 3% above the Bank of England Base Rate from due date.

Tenants Deposit will be registered with Mydeposit   

www.mydeposits.co.uk

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