Permitted Charges in accordance with the Renting Homes (Fees etc) (Wales) Act 2019

Under the terms of the Tenant Fee Act if you enter into an Assured Shorthold Tenancy, payments which may apply will be as follows:

FIRST MONTHS RENT - In advance

TENANCY DEPOSIT: - 5 or 6 weeks depending upon the rental amount

HOLDING DEPOSIT: - Maximum one week's rent

EARLY TERMINATION: when requested by the tenant: - a charge not exceeding the financial loss experienced by the landlord

PAYMENTS IN DEFAULT:

DEFAULT CHARGE FOR LATE PAYMENT OF RENT: - limited to interest charged at 3% above Bank of England base rate, when rent is more than 14 days late

MISSED APPOINTMENTS: - £30 (inclusive of vat) such as a landlord/agent arranging with a tenant for a contractor to carry out remedial work at the property and a tenant subsequently refusing entry, or not being home to allow entry, resulting in charges to the landlord

AVOIDABLE OR PURPOSEFUL DAMAGE TO PROPERTY: - damage to a property caused by neglect or careless or willful behaviour by the tenant (equivalent to cost incurred)

REPLACEMENT KEYS: - Loss of keys by the tenant requiring a landlord to arrange for the cutting of new keys and delivery of those keys to the tenant (equivalent to cost incurred)

UTILITIES, COMMUNICATION SERVICES, TV LICENCE AND COUNCIL TAX: If it is required under a tenancy agreement and made in respect of the dwelling subject to the contract

Please note: The initial Monies will be confirmed and must be paid by bank transfer. We are unable to accept cash.

 

 

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