Choose to rent your next home in Gloucester

Fee Schedule- Assured Short Hold Tenancies (AST’s)

Holding Deposit – capped at One weeks rent.

Paid by you to reserve the Property. This will only be retained by us if: -

Any relevant person (including any guarantor(s)) withdraws from the tenancy,
• Fail a Right-to-Rent check,
• Provide materially significant false or misleading information,
• Fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days.

Security Deposit

(per tenancy) – capped at 5 weeks rent where the annual rent is under £50,000 and 6 weeks rent where the annual rent is £50,000 or higher.

This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid Rent

Interest will be charged at 3% above the Bank of England Base Rate from Rent Due date until paid in full. Please Note: This will not be levied until the rent is more than 14 days in arrears with the interest calculated back from the first day of the arrears.

Lost Key(s) or security device(s)

Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.

If extra costs are incurred there will be a cost of £15 per hour (Inc. Vat) for the time taken replacing lost key(s) or other security devices(s)

Variation of Contract

(Tenants request)

£50 (inc. VAT) per agreed variation/change.

To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

This also includes ‘change of sharer’ requests and covers associated costs of new tenant referencing, Right to Rent checks, deposit registration, as well as the preparation and execution of new legal documents

Early Termination

(Tenants Request)

Should you wish to leave your contract early, you will be liable for the landlord’s costs for re-letting the property, as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Utility Payments

Tenants will remain responsible, unless agreed otherwise, for all utility payments, TV licence and Council Tax accounts. Please refer to your AST for full information.