Security deposit

One months worth of rent for properties with an annual rent below £50,000. This rises to 6 weeks’ rent for tenancies with an annual rent above £50,000.

Arrears

Any missed rent payments will still need to be paid for by the tenant.

Loss of keys

A reasonable charge will be payable to cover the cost of they key cutting/lock change, plus administration.

Changes to the Tenancy Agreement

Tenants can be liable for any reasonable charges up to £50.

Early termination of contract

The tenant may be liable for a proportion of the set-up fees if their landlord suffers a financial loss as a result of the early termination.

Damage to rental property

Reasonable costs for any damage can still be claimed through the security deposit at the end of a tenancy.