At rhubarb Sales & Lettings, we comply with the Tenant Fees Act 2019.
Below is a breakdown of the permitted fees we may charge:
Permitted Tenant Fees
Before Your Tenancy Starts
Holding Deposit: Equivalent to one week’s rent. This will be deducted from your first rent payment if the tenancy proceeds.
Security Deposit: Equivalent to five weeks’ rent (for rents under £50,000 per year) or six weeks’ rent (for rents over £50,000 per year).
During Your Tenancy
Rent Payments: As per your tenancy agreement.
Changes to the Tenancy Agreement: £50 (or reasonable costs incurred) if you request a variation, assignment, or novation of the tenancy.
Replacement of Lost Keys/Security Devices: Charged at the cost of replacement.
Late Rent Payment (After 14 Days): Interest at 3% above the Bank of England base rate.
Ending Your Tenancy
Early Termination (Requested by Tenant): Costs associated with re-letting the property, capped at the landlord’s actual loss.
Prohibited Fees
We do not charge fees for referencing, inventory checks, check-out fees, or any other services not permitted under the Tenant Fees Act 2019.
For further details, please contact us at hello@rhubarbestateagent.co.uk