Below is a list of Permitted Payments – Monies the tenant is obliged to pay (where applicable) to their Landlord or the Landlord’s Agent, as per the terms of the tenancy; variations/novation’s of tenancy (when requested by the tenant), and/or default payments which the Landlord/Agent reserve the right to charge in connection to a tenancy. Details as follows:
a) The rent.
b) Tenancy Deposit. A refundable tenancy deposit capped at no more than five weeks’ rent where the annual rent is less than £50,000, or six weeks’ rent where the total annual rent is £50,000 or above.
c) Variation of contract (when requested by the tenant). To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
– Professional/residential Tenancies – variation/novation’s of tenancy, capped at £50, or reasonable costs incurred if higher.
– Student and HMO (Houses in Multiple Occupation) tenancies. Due to the nature of such tenancies, with more than one tenant, payment capped at £150.
d) Early Termination (when requested by the Tenant and agreed by the Landlord). The Landlord/Agent reserves the right to charge the tenant for the landlord’s costs in re-letting the property (as outlined in the Landlord Services page on Frampton & Roebuck.co.uk) 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.
e) Utilities. Payments in respect of utilities, household services, TV licence and Council Tax.
f) Late/Unpaid Rent. A default fee for late payment of rent, where required under a tenancy agreement.
g) Lost keys and Security Devices. A default fee for replacement of a lost key/security device, where required under a tenancy agreement – capped at £50; and,
h) Staff & Contractor Call-Outs. A default fee for call-outs to false fire alarms due to error or negligence on the part of the Tenant and call-outs to tenants due to misplaced keys – capped at £100.
i) Any other permitted payments, not included above, under the relevant legislation including contractual damages.
j) Frampton & Roebuck Ltd is a member of PropertyMark’s Client Money Protection Scheme, and also a member of Property Redress Scheme (PRS). You can find out more details on the agent’s website or by contacting the agent directly.
(All fees are subject to VAT)