Tenants
Tenancy information for tenants
For Assured Shorthold Tenancies signed on or after 1 June 2019, the following applies.
Holding deposit
Equivalent to one week's rental per tenancy. This will be withheld if the tenant or guarantor withdraws from the tenancy, fails a Right to Rent check, provides false or misleading information, unreasonably delays responding to reasonable requests for information, or fails to sign the tenancy agreement by the Deadline for Agreement date.
Rent payments
The first month's rent is paid in advance, and subsequent monthly rental payments are also paid in advance on the due date.
Security deposit
Equivalent of 5 weeks' rental per tenancy for a total rent under £50,000 per annum, or 6 weeks' rental per tenancy for a total rent of £50,000 or over per annum.
Variation of contract
A sum of £50.00 (including VAT) is payable if a tenant requests a variation or assignment of a tenancy, or a replacement or addition of a tenant/occupier, during the tenancy. The tenant will be liable for the Variation of Contract fee for the preparation of any documents in relation to each variation.
Early termination
Should the tenant require and agree with the landlord to terminate the tenancy before the tenant is permitted to do so, the tenant will be responsible for indemnifying the landlord and the agent for any losses and reasonable costs incurred as a result of the early termination and in the re-letting of the property.
Lost keys, fobs & security devices
The tenant will be liable for all costs incurred in replacing any keys, fobs or other security devices that are lost during the tenancy, for the property and the building where necessary.
Unpaid rent interest
Interest at 3% above the Bank of England base rate will be applicable on any rent or other monies outstanding and payable under the tenancy agreement.
Independent redress
Provided by The Property Ombudsman.
Client money protection
Provided by Money Shield. Find out more.
Talk to us
Looking for a property to rent?
No tenant fees, ever. Browse our current lettings or register your requirements.