Tenancy information
Permitted payments and tenant protection information
As well as paying the rent, you may also be required to make the following permitted payments. Permitted payments for properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
* Holding Deposit - One week's rent to reserve a property. This will be refundable unless: the applicant withdraws from the tenancy, fails a Right-to-Rent check, provides materially false or misleading information, or fails to sign their tenancy agreement within 15 calendar days (or other deadline as mutually agreed in writing).
* Deposit - Rent under £50,000 - Five weeks' rent - This is money held as security for damages or defaults of a tenant throughout the tenancy (secured in a government approved deposit protection scheme) and will be refundable at the end of the tenancy.
* Deposit - Annual rent of £50,000 or over - Six weeks' rent - This is money held as security for damages or defaults of a tenant throughout the tenancy (secured in a government approved deposit protection scheme) and will be refundable at the end of the tenancy.
* Late payment of rent - Interest at 3% above the Bank of England Base Rate for late payment of rent (i.e. more than 14 days overdue) from the due date until paid.
* Lost Key(s) or other Security Device(s) - Tenants will be liable for the actual cost of replacing lost keys or other security device.
* Variation of Contract - (Tenant's Request) including a request for a change of sharer - To cover the costs of taking landlord's instructions and preparation of new contract capped at £50.00 or reasonable costs if higher.
* Early Termination - (Tenant's Request) - Following the request of an early termination to the tenancy the tenant shall be liable to the landlord's/agent's reasonable costs in re-letting the property (including the rent due) until the start date of the replacement tenancy.
* Johnson & Jones is a member of the Client Money Protection scheme giving you the peace of mind that comes with this government approved protection. Please see the below details:
CMP - Money Shield
Scheme Reference Number - 57782810
* Johnson & Jones is a member of the government approved redress scheme - The Property Ombudsman Limited that provides redress in the unlikely event of a dispute being unable to be resolved. Please see the below details:
Johnson & Jones Ltd
Company number: 05610916
Registered Office: 10 London Street, Chertsey, England, KT16 8AA