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 Kegworth is a member of ARLA which is a client money protection scheme, and also a member of The Property Redress Scheme, 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.