Relevant letting fees and tenant protection information for tenancies.
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 Horts Lettings ‘the Agent’)
Holding Deposit: 1 week’s rent - This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing)
Deposit: Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy
During the tenancy (payable to the Agent)
Variation of the contract (Tenant’s request): £50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents
Change of tenant (Tenant’s request): £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
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 and any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Early termination (Tenant’s request): Should the tenant wish to leave their contract early, they shall be liable for the landlord’s costs in 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
During the tenancy (payable to the provider) if permitted and applicable
Utilities, Communications – telephone and broadband, installation of cable/satellite and/or subscription to cable/satellite supplier, Television licence, council tax
Other permitted payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Company Lets
Company lets incur a fee of £500 (inc. Vat)
Tenant protection
Horts Estate Agency Limited is a member of Propertymark, which is a client money protection scheme, and also a member of The Property Ombudsman (TPO), which is a redress scheme. You can find out more details on the agent’s website or by contacting the agent directly.