Tenant Fees post 1st June 2019 (please see below)
In addition to paying the rent, you may also be required to make the following payments permitted under the Tenant Fees Act 2019.
Before the tenancy starts (payable to BELVOIR ILFORD] ‘the Agent’)
Holding Deposit: 1 week’s rent
Deposit: 5 weeks rent
During the tenancy (payable to the Agent)
For English properties:
Payment of interest for the late payment of rent at a rate of 3% above base.
During the tenancy if permitted and applicable
- Utilities – gas, electricity, water and sewerage
- Communications – telephone and broadband
- Installation of cable/satellite
- Subscription to cable/satellite supplier
- Television licence
- Council Tax
Other permitted payments
Any other permitted payments, not included above, for breaches of contract or under the relevant legislation including contractual damages. These may include reasonable costs or losses incurred for loss of keys, security devices and changes to the tenancy agreement or early termination, if the Landlord agrees they can be made, up to the permitted limits.
REFERENCING: Will be taken on each tenant via an INDEPENDENT referencing agency. Depending on whether the affordability threshold is reached. More than one individual may have to be reference. Allow 3-5 working days depending on our workload and your target move-in date.
NEW ARRIVALS & STUDENTS: All applicants falling under this heading will require a guarantor where they are unable to prove EMPLOYMENT income in the UK. This condition will apply even if a significant advance of rent is being made. This is because as well as the rent, provision has to be made for the property costs – i.e. – council tax, gas and electricity, etc. The guarantor MUST be a resident in the UK and earn three times the annual rent cost. He/she will be referenced as well as the applicant and fees will be payable.
RENTAL TERM: Tenancy agreements are for 12 months. However, a “break” (the early ending of the contract) can be exercised at eight (8) months – by the tenant, giving two (2) months notice – in writing – at any time during the sixth (6th) month of the contract.
RENT PAYMENT: Rent is payable per calendar month, in advanced without exception.
COUNCIL TAX & UTILITIES: The ingoing tenant is responsible for ALL utilities, specifically water; gas; electricity and council tax. The tenant is required to inform all establishments of their occupation of the property. ALL such liabilities MUST be cleared by the end of the tenancy.
INVENTORY & CHECK-IN: Most landlords will require a formal inventory of the property and its contents. This is prepared by an independent company. Belvoir will check you into the property at the landlords expense and the check-out will be at your expense (see item 2.iv above)
PROPERTY HANDBACK & CLEANLINESS: Outgoing tenant(s) are responsible for ensuring that all elements of the property, specifically its cleanliness, contents and keys are in a fit and proper condition to allow a new tenant to take immediate occupation, save for any agreed repairs. The property, including appliances, must be thoroughly and “professionally” Cleaned. Failure to fulfil these obligations could result in a charge being made against you and a deduction from your security deposit.
INSURANCE: The landlord is NOT responsible for insuring any part of the tenant’s property. Any personal goods or chattels, of value, should be insured at the tenants cost and stored at the property at their risk.
CONTRACT RENEWAL: In the event of you renewing your contract for another term, an administration fee of £72 will be payable.