Refundable Holding deposit | Capped at 1 weeks rent |
Security Deposit | Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000 |
Rent | The agreed monthly rent |
Changes to tenancy | Capped at £50 inc VAT |
Early termination charge | Not exceeding the landlord’s financial losses |
Late payment of rent | Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue |
Replacement keys | Reasonable costs or give the tenant the option to purchase themselves. |
Utilities, council tax, communication services, TV Licence etc | Tenants own responsibility unless otherwise stated in contract |
Client Money Protection Scheme Membership details | The law requires your membership details |
Property Redress Scheme Membership details | The law requires your membership details |