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Covid-19 Statement

Tenancy Fees and Charges

Holding Deposit -

The holding deposit is calculated as 1 week's rent.

Security Deposit -

  • Handled by TENANCY DEPOSIT SCHEME (TDS)
  • THIS WOULD BE RETURNED AT THE END OF TENANCY.
  • SECURITY DEPOSIT IS CALCULATED AS FOLLOWS

IF THE ANNUAL RENT AMOUNT IS GREATER THAN 50K THEN 6 WEEKS OF RENT IS COLLECTED AS A DEPOSIT.

IF THE ANNUAL RENT AMOUNT IS LESSER THAN OR EQUAL TO 50K THEN 5 WEEKS OF RENT IS COLLECTED AS A DEPOSIT.

LATE/UNPAID RENT AMOUNT - 3% INTEREST IS CALCULATED ON THE RENT AMOUNT AS A FEE.

Summary of Charges

Holding Deposit 1 Week's Rent
Security Deposit 5 Week's Rent
Late / Unpaid Rent 3% of interest on the rent amount .
The interest of 3% above the Bank of England base rate.
Effective from Rent Due until paid in order.
* This is levied once rent is due more than 14 days in arrears.
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