Tenant information and fees
The following fee schedule applies to all Assured Shorthold Tenancies (ASTs) signed after 1st June 2019
Holding Deposit (per tenancy) — One week’s rent
This is to reserve a property. Please note that this will be withheld if any relevant person (including any guarantor(s)) withdraws from the tenancy for any reason, fails a Right-to-Rent check, provides materially significant false or misleading information, or fails to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days of making the holding deposit payment (or other deadline for agreement that might be mutually agreed in writing).
Security Deposit per tenancy
One month's rent
The security deposit is to cover any damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent
Interest at 3% above the Bank of England Base Rate will be charged on the amount of unpaid rent from the Rent Due Date until paid. Please note that this charge will not be levied until the rent is more than 14 days in arrears whereupon it will be backdated to the first day the rent became due but was not paid.
Lost Key(s) or other Security Device(s)
Tenants are liable for 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/or any other persons requiring keys will be charged to the tenant.
Variation of Contract (Tenant’s Request)
£50 (no VAT) per agreed variation.
This is to cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request)
£50 (no VAT) per replacement tenant or any reasonable costs incurred if higher.
This is 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.
Early Termination (Tenant’s Request)
Should the tenant wish to end 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.
Property Redress Scheme
Jumping Ant Ltd is a member of the Property Redress Scheme, the purpose of which is to settle or resolve complaints made by consumers against their members.
We are not VAT registered.
Holding Deposit (per tenancy) — One week’s rent
This is to reserve a property. Please note that this will be withheld if any relevant person (including any guarantor(s)) withdraws from the tenancy for any reason, fails a Right-to-Rent check, provides materially significant false or misleading information, or fails to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days of making the holding deposit payment (or other deadline for agreement that might be mutually agreed in writing).
Security Deposit per tenancy
One month's rent
The security deposit is to cover any damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent
Interest at 3% above the Bank of England Base Rate will be charged on the amount of unpaid rent from the Rent Due Date until paid. Please note that this charge will not be levied until the rent is more than 14 days in arrears whereupon it will be backdated to the first day the rent became due but was not paid.
Lost Key(s) or other Security Device(s)
Tenants are liable for 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/or any other persons requiring keys will be charged to the tenant.
Variation of Contract (Tenant’s Request)
£50 (no VAT) per agreed variation.
This is to cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request)
£50 (no VAT) per replacement tenant or any reasonable costs incurred if higher.
This is 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.
Early Termination (Tenant’s Request)
Should the tenant wish to end 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.
Property Redress Scheme
Jumping Ant Ltd is a member of the Property Redress Scheme, the purpose of which is to settle or resolve complaints made by consumers against their members.
We are not VAT registered.
