Tel: 07932212232
Email: info@connectresidentials.co.uk
TENANTS
TENANTS
Finding the perfect rental properties in Watford, Rickmansworth, Bushey, Hemel Hampstead, Edgware, Stanmore and the surrounding areas can be a challenge when the great properties are snapped up the moment they are marketed. That is why our service is designed to accurately show you the property through our sales pictures and descriptions whilst booking viewings to ensure you see the property quickly.
Our professional and dedicated team are always on hand to support you through the lettings process, the financial checks required and provide any advice you may need on tenancy regulations and rights.
All deposits paid on lettings are securely held independently as part of the DPS (Deposit Protection Service) with the TDS.
FEE INFORMATION
New Assured Shorthold Tenancies (AST’s) signed on or after 1st June 2019.
Holding Deposit
One weeks rent (per Tenancy). This is to reserve a property. Please note: this will be withheld if any relevant person (including guarantor(s) withdraw from a 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)
Security/Tenancy Deposit
Five weeks rent (per Tenancy). This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent
Interest at 3% above the Bank of England Base Rate from the 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.
Lost Keys or Security Devices
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 cost 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, a charge of £15 per hour (Inc. VAT) will be charged for the time taken to replace lost keys or other security devices.
Variation of Contract
£50 (Inc. VAT) per agreed variation. This is to cover the costs associated with taking landlord’s instruction as well as the preparation and execution of new legal documents. (Tenant Request)
Change of Sharer
£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. (Tenant Request)
Early Termination
Charges will apply in the event that the Tenant wishes to terminate their contract early. Charges equal to the re-letting costs of the Landlord, in addition to 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. (Tenant Request)
Acceptance or Rejection
If the Landlord decides not to offer you a tenancy for any reasons, then your Holding Deposit will be refunded within 7 days. If it turns out that you have provided us with false or misleading information as part of your tenancy application, or if you fail any of the checks which the Landlord requires us to undertake under the Immigration Act 2014, then your Holding Deposit will not be returned. Should you be offered and you accept a tenancy for the property, your holding deposit (upon your confirmation) can be credited either to the first months’ rent or Tenancy Deposit.
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