Tenant Fees post 1st June 2019 (please see below)
GENERAL TERMS FOR LETTING
All applicants must be aged 18 years or over
Unless otherwise stated, each property will be Let on an Assured Shorthold Tenancy for an initial term of six months
Unless otherwise stated we are unable to accept Pets, Smokers and Sharers
Full references will be required including credit check, employment and Landlord references
The initial payment, payable prior to the signing of the Tenancy Agreement, comprises one month’s rent and the deposit.
All gas, electricity, water, council tax and telephone bills will be the tenant’s responsibility
The dilapidations deposit will be protected in a Government backed Tenancy Deposit Scheme
Belvoir Spalding are members of Safeagent and are covered by their Clients Money Protection Scheme and are also members of The Property Ombudsman Scheme (TPO).
Before the Tenancy starts (payable to Belvoir Spalding ‘the agent’).
TENANT FEES INFORMATION:
A Holding Deposit equivalent to one week’s rent* will be payable upon commencement of reference uptake. This is refundable or transmutable upon commencement of the tenancy, but is forfeited should the applicant provide false or misleading information for referencing purposes, or makes a late-stage withdrawal from the tenancy.
Tenancy Deposit: 5 weeks rent.
A fee of £90.00 including VAT will be payable if a new Agreement is required during the tenancy due to a change in your circumstances.
A Late Rent Fee calculated at 3.75% of the outstanding sum will be payable per defaulted payment.
An Early Release fee of £180.00 including VAT will be payable should you wish to vacate during the fixed term tenancy, subject to the landlord’s approval.
Fees may be payable in respect of replacement keys or other respective security devices, should this event arise as a result of a default by you.
*Weekly rent is calculated by multiplying the per calendar month figure by 12, and dividing this sum by 52.
‘Tenant Fees for pre 1st June 2019 tenancies’
Explanation of our tenant fees permitted under the Tenant Fees Act 2019 transitional provisions, where fees are written into existing tenancy agreements. These apply to all tenancy agreements granted or signed and executed before 31st May 2019, and can be charged up until 31st May 2020’
A fee of £25 including VAT will be payable for each letter the Landlord’s Agent, acting reasonably, has to send to the Tenant concerning breaches of the tenancy agreement.
A fee of £25 including VAT will be payable for any payment presented to the Landlord’s Agent’s bank but returned, refused or re-presented by the bank for any reason. This fee will be payable for each presentation which fails.
Belvoir Spalding is a member of Safeagent, which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme. You can find out more details on our website or by contacting us directly.
We Hold Client Money Protection through NALS. To view our certificate, please click here.