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PERMITTED PAYMENTS

 

Before the tenancy starts (payable to Humberts UK Ltd ‘the Agent’)

Tenant charges for an Assured Shorthold Tenancy (AST)

Holding Deposit: Equivalent of 1 week’s rent

Tenancy deposit: Equivalent of 5 weeks’ rent (if rent is under £50,000 p.a.) or 6 weeks rent (if rent is over £50,000 p.a.)

Tenant charges for Non-Housing Act Tenancies

Holding Deposit: Equivalent of half of one months’ rent

Tenancy deposit: Equivalent of one and a half months’ rent or two months’ rent if pets will be residing at the property

Referencing fee: £48 per adult occupant and/or guarantor

 

During the tenancy (payable to the Landlord or Agent)

Tenant charges for an Assured Shorthold Tenancy (AST)

The Rent

Tenancy amendment fee (Deed of Addendum, Deed of Assignment): £50 inc VAT.  You may also be responsible for the ‘reasonable costs’ incurred in amending the Tenancy Agreement, e.g. the cost of an updated inventory report, if required.

Early termination of tenancy (Deed of Surrender): £194 inc VAT for preparation of the Deed and cost of advertising, plus the cost of referencing new tenants and/or guarantors at £48 per applicant, plus payment of rent until a new tenancy has begun. 

Payments in respect of utilities, communication services, TV license and council tax

Late payment of rent: 3.5% interest will be charged on each day the rent remains unpaid after its due date

Loss of keys or security device: You may be responsible for the reasonable costs incurred as a result of a lost key or security device.  The cost will vary depending on the type of key or device

Tenant charges for Non-Housing Act Tenancies

In addition to the above; Check-out fee: The cost will vary according to the type and size of the property but is likely to range from £90-£160.  A quote can be provided upon request.

Should you have any queries regarding the charges and costs associated with renting a property, please do not hesitate to contact one of our experienced Lettings Consultants, who will be happy to explain these in further detail.

 

CLIENT MONEY PROTECTION: Humberts is part of Propertymark Client Money Protection Scheme.

REDRESS SCHEME: Humberts is a member of the Property Ombudsman.

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