Tenant Fees (From 1st September 2019)

Payable by all applicants:

A Refundable holding deposit

This can be retained if the tenant provides false or misleading information to the letting agent/landlord, which the letting agent/landlord is reasonably entitled to consider in deciding whether to grant the tenancy because this materially affects their suitability to rent the property

If the tenant notifies the letting agent/landlord before the Deadline for Agreement that they have decided not to enter into the tenancy agreement

If the tenant fails to take all reasonable steps to enter into a tenancy agreement

£ Equivalent to 1 weeks rent
The calculation for 1 weeks rent is: 1 month ÷ by 4.35.

Special circumstances:

Pet Deposit

£100 Per Pet (No VAT)

Bond
(To cover the added risk of property damage. This will be protected with your security deposit in a government-authorised scheme and may be returned at the end of the tenancy)

Equivalent to 1 months’ rent (No VAT)

Early Termination of your fixed term tenancy

In relation to early termination the landlord is entitled to full rent up to the end date of your fixed term, however, they could be open to negotiation.

Charges during Tenancy:

Wasted contractor visit

£30