Guide & Fees

Tenants

Holding Deposit* – One weeks’ rent (per tenancy) * This may be a non-refundable payment

This fee is non-refundable should you decide not to progress your application/sign your tenancy agreement within 15 Calendar days (unless otherwise mutually agreed), or if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, or if you have given false/misleading information on the application form or any applicant fails a Right to Rent check.

Referencing and Right to Rent Checks – You will be asked to complete an application before referencing can be undertaken, you should also provide an original photographic Identification (e.g. passport, National ID card, VISA, resident permit, driving licence) and Proof of Residence (e.g. original utility bill, council tax bill or bank statement all of which much be less than 3 months old).

Deposit – Equivalent to five weeks’ rent

Other fees

£100 – Contract variation, amendment or change of occupant at the tenant’s request within an existing tenancy – to cover agents costs in contacting landlord, taking landlord instructions & preparations of new contracts (if required) & system adjustments, new tenant referencing and Right To Rent checks, deposit registration and preparation of new legal documents

Unpaid Rent

Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent if rent is more than 14 days overdue

Lost Key(s) or other Security Device(s) – Actual cost of replacement

Early Termination (Tenant’s Request)

If a tenant requests to leave before the end of their tenancy agency is entitled to charge an early termination fee to cover the loss they have suffered in permitting the tenant to leave early. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

During the Tenancy if permitted and applicable.

Payments in respect of utilities, communication services and council tax; Tenants remain responsible for paying their bills, which could include council tax, utility payments (e.g. gas, electricity, water), and communication services (e.g.broadband, television license, phone). Where all or some of these payments are included within the rent, as set out under the terms of a tenancy agreement, a tenant cannot be required to pay for these services separately (but would still be required to pay any bills not included in the rent).

Tenant protection

Eureka Property is a member of Client Money Protection Scheme, which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme

These fees are in line with the Tenant Fees Act 2019.

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