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. If extra costs are incurred there will be a charge of £15 per hour
(inc. VAT) for the time taken replacing lost key(s) or other security
device(s). 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.

We are members of The Property Ombudsman Redress scheme for sales &
lettings.