Tenant Fees?
Before the Tenancy Starts
Holding Deposit Fee | 1 Week's Rent |
Security Deposit | 5 Weeks' Rent (6 Weeks' Rent on Properties With Rent More Than £50,000.00 a Year) |
During the Tenancy
Variation, Novation or Assignment of the Tenancy Agreement | £50.00 inc. VAT (net £41.67) |
Rent Outstanding for 14 Days or More | 3% Daily Interest Rate (above Bank of England Base Rate) |
Payment of incurred costs for the loss of keys/security devices | |
Payment of any Unpaid Rent or Other Costs Associated with Your Early Termination of the Tenancy/Breaking the Contract* | |
*The Tenant will be required to give 1month's notice and will be subject to paying the Landlord the equivalent of 2 month's rent, along with his reasonable costs incurred in identifying a replacement Tenant. |
Other Permitted Payments
Any other permitted payments, not included in the above table, under the relevant legislation including contractual damages. |
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James Favas MARLA
Associate Director
0161 543 0310