Tenants

Guide to Tenant Fees

Permitted Tenant Fees

  • Holding Deposit (per tenancy) - One week's rent which will be deducted from the first month'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)
  • Security deposit (per tenancy, Rent of 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 over £50,000 per year) - Six weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy.

 

Permitted Tenant Fees 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 and any other persons requiring keys will be charged to the tenant.
  • Variation of Contract (Tenants Request) -  £50 per agreed variation. To cover the costs associated with taking landlords instructions as well as the preparation and execution of new legal documents.
  • Change of Sharer (Tenants Request) - £50 per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlords instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
  • Early Termination (Tenants Request) - Should the tenant wish to leave their contract early, they shall be liable for 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 refer to our website for details of landlord fees.


Looking for your next rental property? Check out our latest listings here.

LOOKING TO RENT?

Are you currently looking to rent property in the Maidenhead, Windsor, Beaconsfield or surrounding areas? Register with NextMove Lettings and we'll keep you informed of properties that match your criteria. Alternatively, if you'd like to speak to one of our friendly professionals about a property that is on our website, please give us call.


Register With Us

NextMove Lettings

Tel: 01628 947794