Tenant Fees

Permitted payments

Property Holding Fee - 1 week's rent.


Tenancy Security deposit - 5 weeks' rent.


Permitted payments during the tenancy:


- £50 inc VAT for any changes to the tenancy agreement (eg permission to keep a pet) if allowed by landlords.

- Up to £100 inc VAT for the reasonably incurred costs for loss of keys/security devices.

- Landlord's loss or the agent's reasonably incurred costs associated with early termination of a tenancy.

- Contractual damages in the event of tenant's default of a tenancy agreement.

- Utilities, communication services (eg. telephone, broadband), TV licence and council tax;

- Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate);

- Payments for the late payment of rent;

- A breach of a term of the contract;

- Any other permitted payments under the Tenants Fee Act 2019.

For tenancies that started before 1st June 2019 fees will continue to be charged as per the original agreement until 31st May 2020.

Adkins are members of The Property Ombudsman (redress scheme)

Adkins are members of propertymark Client Money Protection scheme

Further information is available www.gov.co.uk

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/821379/6.5707_MHCLG_How_to_Rent_v4.pdf


Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes). Relevant fees must also be published on third party websites, such as Rightmove. For properties to rent in England, details of the agent's membership of any redress scheme and client money protection scheme must also be published with their fees on Rightmove. It is the agent's responsibility to ensure that all relevant information is provided to Rightmove and is up to date and accurate. If the relevant information does not appear here, the agent may have included it within the property description. Last updated at 06/07/2022, 7:35 AM by Paul Adkins

Last updated at 3:55 PM 21/01/2022 by allAgents