Mill Lane, Macclesfield, SK11

£650 PCM Fees Info

TENANTS GUIDE TO THE NEW TENANT FEE ACT 2019 AND PERMITTED CHARGES FOR AGENTS

We are members of The TDS,( Tenancy Deposit Scheme), and have Propertymark client money protection.

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

Holding deposit - maximum one weeks rent

First months rent - in advance on move in

Deposit - equal to one months rent + £100

Changing Tenancy Documents after dates have been set - £50 + VAT

Charges for losing keys or security devices - equivalent to charges incurred

Default charges for late rent - 3% above Bank of England base rate, when rent more than 14 days late

Early termination when requested by the Tenant - a charge not exceeding the financial loss incurred by the Landlord

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NON HOUSING ACT TENANCIES Rooftops an administration fee of £250 + VAT, (£300), for non housing act tenancies.

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