Grange Way

Bowburn, DH6

BEFORE YOU MOVE IN To Reserve a property a holding deposit of £75 per person is payable, should you be offered and you accept a tenancy with our Landlord, then your holding deposit will be credited to the first month’s rent due under the tenancy. 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). Security Deposit (per tenancy. Rent under £50,000 per year): Maximum of five weeks rent Security Deposit (per tenancy. Rent over £50,000 per year): Maximum of six weeks rent 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, and 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.*Please note for all tenancies signed before 1st June 2019, that have the following fees detailed in the tenancy agreement, these fees will still apply but will ceased to be charged on 31st May 2020. Check Out Fee - £90 Inc VAT per tenantTenant Reference Fee - £25 Inc VAT per reference Lost Keys - £50 Inc VAT