When renting a property, you will need to take into consideration the lettings cost and charges when you make an offer.
Holding Deposit: You will be required to pay a holding deposit equivalent to one week’s rent in order to take the property off the market. The week’s deposit will be taken as part of the full 5 week’s deposit required before the start of the tenancy.
Security Deposit: This is usually the equivalent of 5 weeks’ rent, payable prior to the commencement of your tenancy to cover the added risk of property damage that is beyond fair wear and tear. This deposit will be protected in a Government-authorised scheme and may be returned at the end of the tenancy. All deposits are held in our Clients Account and protected by Clients Money Protection Scheme.
Advance Rent: Rent is usually payable in advance for each tenancy. You will therefore need to pay the first month’s rent prior to the commencement of your tenancy.
Professional Cleaning: Tenants will usually be responsible for paying for a professional clean at the end of the tenancy. Costs can vary depending on the size of the property and your requirements, payable to the cleaning company.
Lastly, the Tenant/s will pay all utility bills, telephone and Council Tax where applicable.
Should you have any question, please do not hesitate to contact our lettings team on: 0208 741 2233 or email at: info@latymers.co.uk
