Tenant Charges

There are certain payments that are charged by us to the tenant(s), these are as follows:-

 

Rent/Deposit

If you are renting a property that is on our full management scheme, the following will be applicable:-

  • On signing the tenancy agreement one month’s rent and the agreed deposit (bond) will be required in cleared funds. Your deposit will be held by The DPS (Deposit Protection Service) under the Custodial Scheme.
  • Rent is due monthly in advance from the date the tenancy commences.

 

If you are renting a property that is on tenant(s) Finders only scheme, the following will be applicable:-

  • On signing the tenancy agreement one month’s rent and the agreed deposit (bond) will be required in cleared funds.

 

Tenant Fee Abolishment 2019

As per new guidance issued in June 2019. The Bill is now an Act of Parliament and known as the Tenant Fees Act 2019. The Tenant Fees Act outlines the Government's approach to banning letting fees paid by tenant(s) in the private rented sector and capping tenancy deposits. The ban on tenant(s) fees came into force on 1 June 2019.