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.

 

Nil Deposit Scheme - Reposit*

Initial Charge (One-off, non-refundable service charge payable direct to Reposit.)	1 Week's Rent
Annual Extension Charge (Payable direct to Reposit on the anniversary of your move in date if you stay longer than a 12 month period.)	£30.00 inc. VAT (net £25.00)
Replacement of Tenant Charge (Admin charge payable direct to Reposit to update Tenant’s details.)	£50.00 inc. VAT (net £41.67)
ADR Charge (Alternative Dispute Resolution) (Payable direct to Reposit if a claim goes to ADR and the adjudicator finds the claim to be wholly in the favour of the Landlord.)	£60.00 inc. VAT (net £50.00)

 

Other Permitted Payments

Any other permitted payments, not included in the above table, under the relevant legislation including contractual damages.