Equivalent to one weeks rent - This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right to Rent check provide materially significant false or misleading information or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
£360 incl VAT plus any rent between tenancies - To cover the reasonable costs that the landlord shall incur, for releasing the tenant early. This shall include any period of rent and council tax/utilities whilst an alternative tenancy is being arranged.
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears