Holding Deposit
Equal to one weeks’ rent.
Deposit
A deposit equivalent of five weeks’ rent must be paid to us in cleared funds prior to moving in and signing of the Tenancy Agreement. Where annual rent is above £50,000, the deposit will equate to six weeks’ rent.
Variation of Contract
A fee of £50 (inc VAT) is chargeable for any variation, assignment of a tenancy, replacement or an addition of a tenant/occupier within an existing tenancy.
Default Fees
Default interest on rent more than 14 days in arrears will be charged at the rate of 3% above Bank of England base rate for each day of arrears until the arrears are cleared, payment to be made by cleared funds. A default fee is also payable for lost keys or other respective security devices limited to the actual cost of replacement.
Cavendish Rowe is a member of a the CMP. Membership number CMP006016.
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