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In addition to paying rent for the property, you may also be required to make the following permitted payments:
Before the tenancy starts:
Holding Deposit: 1 week’s rent; and/or Deposit: 5 weeks rent (or in the case of rental income of more than £50,000 per annum 6 weeks rent).
During the tenancy:
Payments to other third parties: Such as Council Tax, utilities or payments for communications services; Default Charges: Such as payments for the replacement of lost keys or interest on overdue rent; and Tenancy Transaction Charges: Such as requests to vary or assign the tenancy.
Redress Scheme - Property Ombudsman Members of Propertymark, Safe Agent cmp protection scheme is Propertymark Scheme Ref: C0122579 You can find out more details on the agent’s website or by contacting the agent directly.