Tenant Costs

Tenant costs of moving and renting Fees or Charges

Holding deposit In order to reserve the property 1 week’s rent

*calculation example: monthly rent x 12 divided by 52 weeks

The Rent As agreed for the property and specified in the Tenancy agreement Subject to agreement

Security deposit or 5 week’s rent

Late Payment of Rent Fee Where a rental payment is significantly delayed a fee will be applied

Late rental payment interest charge – 3% of amount

owed above the Bank of England base rate, levied after

the 14th day that the rent is late

Key Replacement Fee Where a tenant requires a replacement key or security device for their property Up to £30 per key incl. VAT