No Admin Fee
Holding Deposit (per tenancy)
One Week’s rent to reserve the property.
The Holding Deposit is not refundable if the tenant makes additional requests (such as permission to keep a pet, wanting a permitted occupier, wanting the landlord to provide items not already offered as part of the tenancy, specialist cleaning, different rent due day, etc which are then then refused by the landlord).
These must be asked for before an application is made.
Where the tenant provides false or misleading referencing information, a charge will be levied to cover all the landlord’s costs up to a maximum of the holding deposit paid. Where the tenant does not have the Right to Rent under Immigration Act 014 and the landlord or Agent did not know and could not reasonably have been expected to know that prior to taking the holding deposit. If after 15 days the tenant withdraws their offer, or does not take reasonable steps to take up the tenancy during the deadline for agreement. (unless a different date has been agreed between parties, in which case the time limits of the new agreement will apply) then a charge will be levied to cover the landlord’s costs up to a maximum charge of the deposit paid.
Below is a list of our current permitted payments.
Where rent is unpaid 14 days after it is due, interest at Bank of England Base rate plus 3% will be charged . You can be charged the cost the landlord has to pay his lender if a mortgage payment is missed.
Where keys are lost, if we wish to assist you, we will charge the actual cost of a replacement if you collect it at our office. If we have to meet you at the property we will charge our time at £15 per hour plus the cost of the lost key. If the key is lost outside of business hours you must contact an emergency locksmith and pay the cost yourself. We have neither a contractual or statutory obligation to assist with lost keys. If you want extra keys for other family occupiers, you will have to arrange and pay for these yourself.
Leaving early is a breach of the tenancy and you agree to pay 1/12th the cost of Letting Agents fees for each month left on the fixed term tenancy, plus rent due until a suitable new tenant moves in, plus £75 for the cost of advertising for new tenants, showing them around the property, conducting credit and Right to Rent checks, preparing a new AST and protecting a new deposit and arranging a new Inventory.
Call out Charges
You will be responsible for any reasonable call-out charges if you wrongfully ask for a workman to come to the property, and this is due to incorrect information or against our or our agent’s advice. The most you will have to pay is £52.87, including VAT.