Tenant Fees post 1st June 2019
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 Wellingborough ‘the Agent’)
Holding Deposit: Maximum of the equivalent to 1 weeks rent.
Deposit: Maximum of the equivalent to 5 weeks rent.
During the tenancy (payable to the Agent)
Payment of interest for the late payment of rent at a rate of 3% over the Bank of England base rate calculated from the date the payment was due up until the date the payment is received.
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.
Belvoir Wellingborough 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 Safeagent. To view our certificate, please Click Here.