Tenant Fees

The Rent The agreed rental figure.
Refundable Tenancy Deposit  Capped at five weeks’ rent where the annual rent is less than £50,000 or 6 weeks’ where the total annual rent is £50,000 or above.
Refundable Holding Deposit Capped at no more than one week’s rent.
Change to the tenancy  If agreed by all parties and where requested by the tenant, capped at £50 (or reasonable costs if higher).
Early termination of the tenancy  If agreed by all parties and requested by the tenant. This will not exceed the financial loss that the landlord suffers, or reasonable costs incurred by the landlord’s agent, resulting from an agreement for the tenant to leave early.
Services Provision Utilities, Communication Services, TV Licence and Council Tax remain the tenant’s responsibility unless agreed otherwise.
Default Fees  These will only apply when written into the tenancy agreement and cover late payment of rent, lost key(s) or security device where required under the tenancy agreement. The amount of default fee is limited to 3% over BoE base rate for each day that the payment is outstanding and applies to rent that is more than 14 days overdue.
Other Payments  Any other permitted payments, not included above, under the relevant legislation including contractual damages.

Greyfox Sales & Lettings are members of The Property Ombudsman Scheme and are members of a Client Money Protection scheme operated by Propertymark.

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