Tenants Information

SRLCOLtd

(Trading as Stuart Rushton Lettings & Management) is a member of Property Mark Client Money Protection Scheme (Ref C0014858) and also a member of The Property Ombudsman (Membership No. D03438) which is a redress scheme.

Default fees and charges apply as follows. All our fees and charges are shown including VAT.

HOUSING ACT TENANCIES (AST)

Holding deposit - Equivalent of one weeks rent, which will be deducted from the balance of the deposit payable once references are complete. 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 false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days.

Any specially negotiated clauses agreed after the tenancy agreement is signed - Up to £50, or any reasonable costs incurred if these are higher than £50

Deposit: annual rent less than £50,000 - Equivalent to five weeks' rent

Deposit: annual rent £50,000 or more - Equivalent to six weeks' rent

Change of sharer - Up to £50 for one reference and a new tenancy agreement, or any reasonable costs incurred if these are higher than £50

Early termination - All costs, fees and charges incurred by the landlord for allowing early termination including the agent's existing or re-letting fees

Late, unpaid, returned rent payments - 3% above the base rate of Bank of England per annum, calculated daily

Lost keys - Any cost for the replacement of keys, fobs, security devices or associated items which have been lost, damaged or broken

NON-HOUSING ACT TENANCIES (NHA)

Administration Fee; Private tenancies - £300 per person. Company tenancies - £600

Deposit - Usually equivalent to one month's rent although this may be increased to two month's if the tenant has pets and/or the property and contents are particularly high value.

Any overseas payment charges - £30 per payment

Late/unpaid/returned rent payments - £60 late payment charge and 3% above the base rate of Bank of England per annum, calculated daily

Change of sharer/occupier - £375

Additional sharer/occupier (at the same time) - £75

Any tenancy agreement specially negotiated clauses agreed after the tenancy agreement has been signed - £180

Early termination - All costs, fees and charges incurred by the landlord for allowing early termination including the agent's existing or re-letting fees

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