As well as paying the rent, the following ‘permitted payments’ shown below will be charged to tenants entering into an Assured Shorthold Tenancy Agreement (AST)
Before the tenancy starts:
Holding Deposit – Equivalent to a maximum of 1 weeks rent.
This Holding Deposit will be paid to Tyler Estates by the tenants upon successful negotiations being concluded with the landlord. Once the deposit has been received, Tyler Estates will stop marketing the property concerned to any other prospective tenants then be put towards the deposit.
Rent – Equivalent to a minimum of 1 months’ rent.
This will need to be paid just prior to commencement of a tenancy. Where a holding deposit has been retained this can be put towards the deposit
Dilapidation Deposit – Equivalent to a maximum of 5 weeks rent.
This deposit is held to protect the landlord against any damage incurred during a tenancy by the tenants, which is deemed to be beyond fair wear and tear.
During a tenancy:
Rent – regular payments of rent as specified within the tenancy agreement
Rent arrears – Should tenants fail to pay their rent on time they will be incur a late payment fee of 3% above the Bank of England base rate of the agreed monthly rent.
Lost keys and/or security devices – Should tenants lose keys or other devices which access secure areas or damage locks they will be responsible for meeting all associated costs of the relevant contractor concerned. Tenants will also be responsible for covering the costs of replacement devices where applicable and in extreme circumstances we may apply an administration charge equivalent to no more than £15 per hour to cover their time in dealing with an emergency situation.
Changes to the tenancy – Should tenants wish to make specific changes to the terms of their Tenancy Agreement after the tenancy has commenced then any such request will need to be received in writing whereupon we will discuss this with the landlord concerned. Subject to the amendments being approved we will then make the relevant changes, issue new paperwork for signature and apply a charge of £50incVAT per amendment. Tenants will need to pay these charges once the landlord has formally agreed to the changes requested but prior to us completing all relevant paperwork.
Surrender of a tenancy – Should tenants request to end their fixed term early, Tyler Estates will need to receive such a request in writing whereupon they will discuss this with the landlord concerned. Should the landlord agree to an early release tenants must continue to pay their rent and related utilities until such time as alternative tenants move in to the property. Tenants will also be required to pay the reasonable costs incurred by the landlord to remarket the property, find suitable tenants and progress an application through to a successful ‘move in’.
During a tenancy tenants will also be responsible for meeting the following costs:
General utilities - gas, electricity, council tax and water including sewage etc.
Telephone and Internet – Relevant costs linked to the installation and relevant services
Television – Relevant costs linked to the installation, licensing and relevant satellite or cable services.
Our tenant’s money is safe as we have client money protection and we place all our deposits in The Deposit Protection Scheme. Our Redress scheme in case you have a complaint is The Property Ombudsman www.tpos.co.uk