The following are permitted payments which we may request from you:
a) The rent
b) A refundable tenancy deposit (reserved for any damages or defaults on the part of the tenant) 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) A refundable holding deposit (to reserve a property) capped at no more than one week`s rent
d) Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher
e) Payments associated with early termination of the tenancy, when requested by the tenant
f) Payments in respect of utilities, communication services, TV licence and council tax; and
g) A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement
Please call us if you wish to discuss this further.
Fees for non-Assured Shorthold Tenancies / non-Licences:
a) Tenant fee of £250.00 per person, this is fixed-cost fee which will cover a variety of works reliant on the individual circumstances of every tenancy, as well but not restricted to conducting viewings, negotiating the tenancy, confirming references, completing the Right to Rent checks (if applicable) and drawing up contracts. It is charged on a per individual basis – not per occupancy. The charge won`t exceed £250 inc VAT per individual and can only be applied to the primary four individuals moving into the occupancy wherever there are more than four individuals taking occupation of the property. The charge won`t exceed the sum of £250 inc VAT unless you request or cause one of the specific extra services or fees set out elsewhere in this document.
For Corporate fees and terms please contact us to discuss this further.
Deposit for a long let tenancy
A security deposit equivalent to five weeks` rent rental will be required. This deposit will be treated in accordance with the Tenancy Deposit Protection regulations, and you will be provided with the appropriate prescribed information and receive details regarding the scheme used. The deposit is held to cover damage, breakages, and any other liabilities under the terms of your tenancy agreement. Please note that under no circumstances can the deposit be used by the tenant to cover rent.
Deposit for a short let tenancy (For non-Assured Shorthold Tenancies / non-Licences)
£900 or equivalent to one weeks` rent (whichever is greater)
Oudini Estates is a member of the Safe Agent Client Money Protection Scheme and The Property Ombudsmen redress scheme.
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