Property2Let

Guide To Tenant Fees

As well as paying the rent, you may also be required to make the following permitted payments:

Permitted Payments

Before the tenancy starts (payable to the Agent).

Holding deposit equal to one weeks’ rent
Default Fees – where the rent is overdue by more than 14 days we can apply a default fee of 3% above the Bank of England base rate
Contractual Damages, this is where damage has been caused by the tenant in breach of their contractual obligations defined in the tenancy agreement. The agent is entitled to recover the costs to put them back in the position they would have been had the tenant carried out all contractual obligations
Loss of keys or other security device, a reasonable charge can be applied in the event of loss of keys etc

Tenant Protection

Property 2 Let is a member of TDS, which is a deposit protection scheme.

Property 2 Let is also a member of PRS, which is a redress scheme.

You can find out more details by contacting us directly.

Tenancy Deposit

A security deposit of a minimum of one month’s rental will normally be required. The deposit is held in a registered government deposit scheme to cover damage, breakages, and any other liabilities under the terms of your tenancy agreement.

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