Downlands, Two Mile Ash, Milton Keynes

Holding deposit

See explanation

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).

Default fee for late payment of rent

see explanation

Chargeable from 14 days arrears calculated on the interest at 3% above Bank of England base rate on the late payment of rent for each day that the payment is outstanding.

Loss of a key or other security device

see explanation

Landlords and letting agents can charge a tenant a fee to cover the cost of replacing the lost key or security device (e.g. fob, electronic device for garage doors / security gates).

Payment on variation, assignment or novation of a tenancy

£50

When a tenant has requested it, landlords and letting agents can charge to vary, assign or replace a tenancy. Fee charge £50 (including VAT)

Early termination of a tenancy

see explanation

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

Utility services

see explanation

Unless otherwise agreed in your tenancy agreement, you will also be responsible for paying for the following, Council tax, electricity, gas, water, broadband, tv services and licence

Company application fee

£100

£100 including VAT