Tenant Fees Schedule
To secure a rental; capped at one week’s rent. Will be applied to the first instalment of the rent/security deposit. Please note this will be withheld if any relevant person (including guarantor(s)) withdraw from the tenancy, provide false or misleading information, fail a Right to Rent check, or fail to sign their Tenancy Agreement within 15 days (or other Deadline for Agreement as mutually agreed in writing).
For rent under £50,000 per year, applicable per tenancy:
Capped at 5 weeks rent; this covers damages or defaults on the part of the tenant during the tenancy.
For rent over £50,000 per year, applicable per tenancy:
Capped at 6 weeks rent; this covers damages or defaults on the part of the tenant during the tenancy.
Interest at 3% above the Bank of England Base Rate from Rent Due Date until funds received. This will not be applicable until the rent is more than 7 days in arrears.
Default Fee for Lost Key or Other Security Device(s) to access property:
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).
Global Lettings and Management is a member of a Client Money Protection Scheme. The name and address of the Client Money Protection Scheme is Client Money Protect UK, Premiere House, 1st Floor, Elstree Way, Borehamwood WD6 1JH
Global Lettings and Management is a member of a Redress Scheme for dealing with complaints. The
name of the scheme is The Property Ombudsman.