Security deposits
Deposits are held under the Tenancy Deposit Scheme.
Security deposit
As per the tenancy agreement
Rent under £50,000 per year = Five weeks’ rent.
Rent over £50,000 per year = Six weeks’ rent.
Unpaid rent
The Tenant shall pay to the Landlord interest at a rate of 3% per annum above the Bank of England base rate (as varied from time to time) on any rent or other sums payable under this agreement that remain unpaid for more than 14 days after the due date.
Keys and locks
Key, access cards and security device
As per the Tenancy Agreement and the Inventory/Schedule of Condition, the number of key(s), card(s), or security device(s) listed must be returned to the Landlord/Agent. If any key(s), card(s), or security device(s) are missing at check-out, the tenant will be responsible for replacing them at their own expense. If the items are not replaced, the cost will be deducted from the tenant’s deposit, and a receipt will be provided.
Additional key, access cards and security device
If the tenant wishes to obtain any additional key(s), card(s), or security device(s), these will be paid for by the tenant and must be handed over to the Landlord/Agent at the end of the tenancy at no additional cost to the Landlord.
Locks
As per the Tenancy Agreement, if the locks need to be changed because the tenant has damaged the lock or lost his/her key(s), the cost of a locksmith, new lock, and replacement keys for the tenant, landlord, and any other persons requiring keys will be charged to the tenant.