Permitted Payments

Applicable from June 1st 2019

There is no added vat to the fees listed

1. Rent

2. Holding deposit - capped at one week's rent. This can be withheld if the tenant withdraws for any reason during the application process. This must be returned if the agent or landlord pulls out. The  holding deposit can be transferred to the tenant's security deposit as a portion of.

3. Security deposit - capped at five weeks rent

4. Late payment fee - this will be charged at 3% above the bank of England base rate from the date the rent falls due, until the rent is paid. This levy can be charged after 14 days of rent arrears and backdated to when the payment was due.

5. Variation to tenancy agreement - £50

6. Cost of replacement keys or security devices - reasonable cost.

7. Early Termination

8. Utilities

Client Money Protection - We are a proud member of Propertymark CMP - C0127435

Redress Scheme - We are a proud member of The Property Ombudsman - Membership Number D11955

Some Additional Tenant Information:

Minimum rental affordability calculation required for successful application:

Tenants: Monthly rent x 30 (this can be divided between applicants)

Guarantor (if required): Monthly rent x 36

Please note that proof of earnings will be required.

Please contact Mark Ellison for further details – 01242 584007