Permitted Charges in accordance with the Tenant Fee Act 2019 for an Assured Shorthold Tenancy.
In addition to the rent, we only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
- Deposits – a maximum of 5 weeks rent for annual rent below £50,000, or 6 weeks rent for annual rental of £50,000 and above. For Student properties the deposit is typically £200 per person each for a multi occupancy shared property
- Contract variation, novation, amendment at the tenant’s request, and where agreed by the Landlord e.g. change of occupant: £50 inclusive of VAT per instance
- Rental payments overdue by more than 14 days will be subject to interest at the rate of 3% over the Bank of England Base Rate calculated from the date the payment was due up until the date the payment was received
- Payment for the reasonable cost of any lost keys(s) or security device(s)
- Payment of any unpaid rent or other reasonable costs associated with any allowable early termination of the tenancy, if agreed by the Landlord (capped at the Landlord’s loss or the agents reasonably incurred costs)
- Payment of the reasonable costs incurred as a result of any breach of the terms of the tenancy by the tenant
- Utility, communication services, payable to the provider where applicable e.g. gas, electricity, telephone, broadband, TV license, council tax etc.
- Any other permitted payments not included above, as allowable under the Tenant Fees Act 2019
Please note we are members of:
- CMP Client Money Protect, RLA, SADLA,
- Independent Redress Available from the Property Ombudsman (Lettings) registration number D6774.
Our Client Money Protect certificate can be viewed here.
Please note we do not accept cash. Payments should be made by standing order or bacs. Be advised that in some cases we will just advertise properties on an "Introduction only" basis for landlords where we have no involvement in the contract signing. In these circumstances they may have different information to those above.
Due to recently introduced "Right to Rent" Immigration legislation we may now need to carry out identity checks on all applicants. All prospective tenants will be asked to provide documentary proof of their "right to rent".
Contracts are legally binding for the full duration of the contract, so you should be sure of your plans before you sign for a property.
Please contact us on firstname.lastname@example.org should you require more information.