Holding Deposit
This is calculated at one weeks rental and must be paid immediately upon requesting the tenancy. This amount will be credited towards your final move in costs (rent and deposit). If you do not pass references it will NOT be refunded. If you decide the property is no longer suitable and do not wish to proceed the holding deposit is NON REFUNDABLE. If the landlord withdraws from the tenancy – it will be refunded in full. You must supply all required referencing information within 15 days -after this period we are entitled to reject your application at which point your holding deposit is non-refundable.
Photo ID:
A colour copy of your passport is required for each applicant as part of your application. If you do not hold a UK/European Passport you must provide a copy of your Visa/Work Permit.
Check In
You will be required to sign an inventory at our offices on the day you move in. You must CHECK this document and return it to us within seven days with any amendments. Failure to do so will mean the original signed inventory will be used at the termination of your tenancy.
Rent & Deposit:
The first month’s rent and deposit are both payable on or before your move in day. Your rent is exclusive of all utilities. Payment must be in cleared funds, bank transfer or by debit card. Unfortunately we cannot accept cash or credit card. The deposit will be held by a registered deposit scheme and shall be returned at the end of the tenancy, subject to deductions. No interest is paid on the deposit.
Early Termination Costs (surrender of tenancy)
Should you wish to surrender your lease early, under the Tenant Fee Bill the landlord is permitted to request compensation for the total void period the landlord sustains. The landlord also reserves the right to refuse early termination. Please ensure you are fully committed to the full term of any tenancy you enter and the financial implications of failing to meet this.
Additional Permitted Fees
- A default fee of £50 inc VAT for late payment of rent (after 7 days) Changes to a tenancy agreement as requested by a tenant at a cost of £50 inc VAT Default fee of £40 inc VAT to replace lost keys or any security devices plus the cost of keys/devices etc.
Tenants' Liability to Landlord Insurance:
Whilst it is not a mandatory requirement on tenancies that you protect your landlord’s fixtures and fittings against accidental damage/loss (minimum £2000) we STRONGLY RECOMMEND you put cover in place in order to PROTECT YOUR DEPOSIT
Company Let Fee
£500 + VAT or the equivalent of one week's rental plus VAT whichever is the greatest.