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Tenant Permitted Payments

Refundable Holding deposit - Capped at 1 weeks rent per tenancy

Security Deposit - Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - Capped at £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent - Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc Tenants own responsibility unless otherwise stated in contract

Client Money Protection Scheme Membership details The law requires your membership details

Property Redress Scheme Membership details The law requires your membership details

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News Archive for March 2020

Landlord Insurance

Why is this important? We pride ourselves on finding you the best possible tenant and we have a very thorough vetting process. However we don’t have the psychic ability to tell you the future.

Source: Director

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Property Finding Services

At Elmore’s of London we know how quick rental properties can turn over in London. Competition between renters is rife, some properties can rent within a week, some within a day, some do not even make it to the open market! Which can make it hard for any working professional to secure the home that they need. Here is where we can help!

Source: Director

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