BURNS ROAD

£650 pcm
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TENANT FEES SCHEDULE

NEW ASSURED SHORTHOLD TENANCIES (ASTs) SIGNED ON OR AFTER 1 JUNE 2019

Holding Deposit (per tenancy)

One week’s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

 

Security Deposit (per tenancy. Rent under £50,000 per year)

 

Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.

 

Security Deposit (per tenancy. Rent of £50,000 or over per year)

 

Six weeks’ rent.  This covers damages or defaults on the part of the tenant during the tenancy.

 

Unpaid Rent

Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

 

Lost Key(s) or other Security Device(s)

 

Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. 

 

Variation of Contract (Tenant’s Request)

£50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

 

Change of Sharer (Tenant’s Request)

£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.  To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

 

Early Termination (Tenant’s Request)

Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

 

Please ask a member of staff if you have any questions about our fees.

Client Money Protection is provided by the RICS Client Money Protection Scheme Firm Reference No:  005566.

Redress through The Property Ombudsman Scheme.

Martin Pendered is a member of ARLA Propertymark  - Membership No M0051469 which includes Client Money   Protection, Professional Indemnity Insurance,   Membership of an Independent Redress Scheme

 

A Three Bedroom End Terrace House Situated Within Wellingborough. Accommodation Comprises Entrance Hall, Lounge, Kitchen/Dining Area. To the First Floor Are Three Bedrooms And Family Bathroom With Seperate W/C. Benefits From Gas Central Heating, Upvc Double Glazing, Garden to The Front and Enclosed Rear Garden. Council Tax Band A, EPC Rating C. Available End Of August.


A Holding Fee of £150 (equivalent to one weeks rent) is payable by the applicants to secure the property.

If The Application Is Successful the holding fee will be deducted from the first month`s rent.

A Property Deposit of £750 (equivalent to 5 weeks rent) is payable on successful application and is held for the duration of the tenancy.