In accordance Renting Homes (Fees etc.) (Wales) Act 2019 and Tenant Fees Act (England) 2019
First month’s rent in advance by transfer to nominated bank account
Tenancy Deposit – Wales equivalent of 1.5 of agreed monthly rental amount / England capped equivalent to 5 weeks rent of agreed monthly rent
Holding Deposit – maximum one week’s rent of agreed monthly rent, deducted from first months rent on commencement of agreement. This will be withheld if the tenancy does not commence due to the applicant deciding not to proceed on the agreed date or providing misleading/incorrect information. The tenancy start date should be within 15 days of payment, unless a different date is agreed and in writing by both agent and applicant.
Early termination when requested by the tenant – The tenant will be responsible to pay the equivalent to the costs incurred by the landlord charge by Kingsmark Properties. Please refer to the landlord fees page.
Utilities, communication services, TV licence and council tax – payable as per the Tenants Contract
Default charge for late payment of rent – will be the equivalent of 3% per annum above the Bank of England base rate from time to time on rent payable that is unpaid for more than 14 days after the day on which it became due.
Variation of Contract requested by tenant – £50 (Inclusive of vat)
Default charge for replacement of lost key/s or security device equivalent to cost incurred plus £15 (Inclusive of vat) per hour taken to administrate the required replacements
Default charge for damage to the property during or at end of tenancy will be in line with invoiced costs to remedy property to set original standard