Tenant Information & Fees

Tenant Information & Fees

Holding Deposit

To reserve a property the fee is one weeks' rent. This will be refundable unless:

  • The applicant withdraws from the tenancy
  • Fails a Right-to-Rent check
  • Provides materialy false or misleading information
  • Fails to sign their tenancy agreement within 15 days (or other deadline as mutually agreed in writing).

Security Deposit
This covers damages or defaults during the tenancy that will be refunable at the end of the tenancy. For rent of under £50,000 per year the fee is five weeks' rent. For rent over £50,000 per year the fee is six weeks' rent.

Beaconsfield Estate Agents Ltd register all security deposit with the Deposit Protection Service (DPS) – Membership No. Deposits are transferred to the DPS within 1 week of the commencement of a tenancy to an individual account.

Beaconsfield Estate Agents Ltd is a member of the Client Money Protection scheme giving you the peace of mind that comes with this government approved protection. 

Beaconsfield Estate Agents Ltd are members of the government approved redress scheme – the Property Ombudsman that provides redress in the unlikely event of a dispute being unable to be resolved.

Please refer to the Deposit Protection Service Guide For Tenants for more information.

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

To cover the costs of taking landlord’s instructions and preparation of new contract capped at £50.00 or reasonable costs if higher.

Change of Sharer- Tenant's Request

To cover the costs of taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration and preparation of new tenancy agreement capped at £50.00 (per replacement tenant or any reasonable costs incurred if higher)

Early Termination- Tenant’s Request

The tenant shall be liable to the landlord’s/agent’s reasonable costs in re-letting the property including rent due until the start date of the replacement tenancy and/ or the reasonable costs to the landlord/agent (such as referencing and marketing costs).