Permitted Payments you may be charged:
Holding fee of one weeks’ rent
One months’ rent in advance
Five weeks’ rent as a security deposit or six weeks’ rent if the rent is above £50,000 per annum.
A reasonable charge for loss of keys/security device during tenancy
An interest charge for late rent of 3% above the Bank of England base rate for each day the amount is outstanding, when the rent is outstanding for at least 14 days
A reasonable cost for contractual damages under the Assured Shorthold Tenancy Agreement
A reasonable charge will apply for changes to the tenancy agreement or a change of sharers.
Charges will apply for the early termination of a fixed term agreement.
We are registered with The Property Ombudsman and our membership number is L00493
We are registered with the ARLA Propertymark Client Money Protection Scheme and our membership number is C0123573