Fees applying to all new tenancies from 1st June 2019
We may charge a tenant any or all of the following when required:
a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year;
a holding deposit of no more than one weeks’ rent;
default fee for late payment of rent (after 14 days);
reasonable charges for lost keys or security fobs;
payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant;
payments associated with early termination of the tenancy, when requested by the tenant; and
payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges.
Fees applying to all pre-existing tenancies entered before 1st June 2019
We shall continue to apply the charges within the existing tenancy agreement until 31st May 2020.
Please find below a list of fees you will be expected to pay for your tenancy application:
A holding deposit of one week's rent is paid once an offer has been agreed. This is not a fee, but a deposit to show your commitment to rent. It is subtracted off the balance when you move in. Should you withdraw your application you will forfeit your deposit.
Equivalent to five weeks rent (will be lodged with The Deposit Protection Service).
In line with current legislation, Tenants are not charged for the following: