Tenant Fees

Tenant’s permitted payments associated with a Tenancy

• Security Deposit (5 weeks deposit for rents up to £50,000 per annum, 6 weeks deposit for rents in excess of £50,000 per annum but under £100,000 per annum)
• Holding Deposit (equivalent of 1 week rent, taken to secure the property and then deducted from the first instalment of rent)
• Payment of interest for the late payment of rent at 3% above Bank of England base rate.