Tenant Fees post 1st June 2019 (please see below)
In addition to paying the rent, you may also be required to make the following payments permitted under the Tenant Fees Act 2019.
Before the tenancy starts (payable to Newton Fallowell Bingham ‘the Agent’)
Holding Deposit: 1 week’s rent
Deposit: 5 Weeks Rent
During the tenancy (payable to the Agent)
For English properties:
Payment of interest for the late payment of rent over 14 days 3% above the bank of England’s base rate for each day the rent is late
During the tenancy if permitted and applicable
Utilities – gas, electricity, water and sewerage
Communications – telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Other permitted payments
Any other permitted payments, not included above, for breaches of contract or under the relevant legislation including contractual damages. These may include reasonable costs or losses incurred for loss of keys, security devices and changes to the tenancy agreement or early termination, if the Landlord agrees they can be made, up to the permitted limits.
Newton Fallowell Bingham is a member of SafeAgent which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme. You can find out more details on our website or by contacting us directly. To view our certificate, please click here.
Tenant Fees for pre 1st June 2019 Tenancies
Explanation of our tenant fees permitted under the Tenant Fees Act 2019 transitional provisions, where fees are written into existing tenancy agreements. These apply to all tenancy agreements granted or signed and executed before 31st May 2019, and can be charged up until 31st May 2020
All Fees are inclusive of VAT at the current rate.
Amendment Fee - If a change is required during the term of the tenancy agreement they may be a charge, these could include alterations to the tenancy agreement due to a change in personal circumstances or with the Landlord's consent a request to leave the tenancy early.
Renewal Fee - £48 A fee will be chargeable upon request to extend the tenancy by another fixed term, the fee will include negotiating with the Landlord and preparing a new tenancy agreement to reflect the new term.
If you require any further information please don't hesitate to contact us:
Bingham Address: Cranmer House, 28 Market Place, Bingham, Nottinghamshire NG13 8AN tel: 01949 839839 email: firstname.lastname@example.org
Registered Company Name: Buttercross Properties LLP Registered in England No OC380203 Registered Office Cranmer House 28 Market Place, Bingham, Nottinghamshire NG13 8AN.