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 Boston Lettings ‘the Agent’)
Holding Deposit: 1 week’s rent
Deposit: 5 Weeks Rent Payable
During the tenancy (payable to the Agent)
For English properties:
Payment of interest for the late payment of rent at a rate of 3% over the Bank of England. Base Rate calculates from the date the payment was due up until the date payment is received.
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 Boston Lettings 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
When you apply for a property through us there will be fees payable upon application. Please see the below fee scales which will help you to understand these fees and when you will need to pay them. We do not charge VAT.
Amendment Fee - £35 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 – From the 1st of January 2018, a £25 fee per person 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:
Boston Address: 26 Wide Bargate, Boston, Lincolnshire, PE21 6RX tel: 01205 353100 email: firstname.lastname@example.org
Registered Company Name: L&M Lettings LLP Regsitered No: OC357119 Registered Address: 26 Wide Bargate, Boston, Lincolnshire, PE21 6RX
- See more at: http://www.newtonfallowell.co.uk/pages/boston-estate-agents-tenants-fees#sthash.fiwLtDsA.dpuf