NEW ASSURED SHORTHOLD TENANCIES (ASTs)
Properties can be reserved for 48 hours. We require the Tenants Personal Details along with a UK based guarantor to be completed by all tenants and returned to us within 48 hours. If you have not already done so you must bring in your passport or if not available then both birth certificate and driving licence into our office –please note this is a legal requirement and must be original documents only.
Failure to provide this information in the timescale given will mean the property will be re advertised.
The Tenancy Agreement and associated documents will be sent out by DocuSign to all tenants and guarantors; Deposits must also be paid in full at this time.
Failure to sign the Agreement within 10 days from the date it is sent over to you will mean the property will be re-advertised by Nicholas Humphreys.
TENANT FEES SCHEDULE
Holding deposit: £50.00 per tenant subject to a maximum of one week’s rent.
Each tenant must pay a £50.00 holding deposit for their chosen property. 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). This will be reimbursed once the Tenancy Agreement and associated documents are signed and completed in full and returned to the office (79 Queens Road, Clarendon Park, Leicester, LE2 1TT)
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.
CLIENT MONEY PROTECTION: Propertymark
INDEPENDENT REDRESS: THE PROPERTY OMBUDSMAN – www.tpos.co.uk
IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF
