Tenant's fees

The following fees are payable by the tenant(s):

Holding Deposit - to secure a rental; capped at one weeks’ rent which is refunded to the tenant within 7 days of the parties entering into a tenancy agreement, or which may be applied to the first instalment of rent/security deposit subject to the consent of the payee

Tenancy deposit - capped at five weeks’ rent if the yearly rent is less than £50,000 or capped at six weeks’ rent if the yearly rent is £50,000 or more

Rent and Utility bills - Payable as stated in the Tenancy Agreement

Lost Key - Tenants are liable for the cost of replacing any lost keys or security device, including a change of lock or replacement of device if required

Amendments of Tenancy Agreement at Tenant's Request - £50 per change

An early termination fee - in the event the tenant wishes to terminate early but not where the tenant is exercising a break clause. The termination fee must reflect the actual loss suffered by the landlord (for example, loss of rent the landlord would have received) or as a letting agent (referencing and marketing costs)

Interest for late payment of rent - (if the rent is unpaid for more than 14 days). The rate of interest at 3% above the Bank of England base rate

Other Important Information for Tenants

NobleDom is a member of a client money protection scheme. The name of the client money protection scheme is CMP. Please click here to download.

NobleDom is a member of a redress scheme for dealing with complaints. The name of the redress scheme is The Property Redress Scheme.

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