The following are permitted payments which we may request from you:
a) The rent.
b) A refundable tenancy deposit (reserved for any damages or defaults on the part of the tenant) capped at no more than five weeks' rent where the annual rent is less than £50,000, or six weeks' rent where the total annual rent is £50,000 or above.
c) A refundable holding deposit (to reserve a property) capped at no more than one week's rent.
d) Payments to change the tenancy when requested by the tenant, capped at £50 inc VAT (Per Tenant), or reasonable costs incurred if higher, charged to the incoming tenant.
e) Payments associated with early termination of the tenancy, when requested by the tenant, amounting to £300 inc VAT (Per Tenant), charged to the exiting tenant.
f) Payments in respect of utilities, communication services, TV license and council tax; and
g) A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement.
Please contact us if you wish to discuss this further.