Tenant Charges as of 1st June 2019
Due to the recent ASA (Advertising Standards Authority) ruling regarding tenant fees, please find below a full list of charges made to a tenant by Belvoir Manchester Central.
Relevant Letting Fees and Tenant Protection Information
In addition to paying the rent, you may also be required to make the following payments permitted under the Tenant Fees Act 2019.
Before the tenancy starts
(payable to Belvoir Manchester Central ‘the Agent’)
Holding Deposit: One Week’s Rent (To secure / reserve a property for a period between 14 to 28 days (subject to terms and conditions) the following fee is required)
Deposit: One Month’s rent (up to 5 weeks and 6 weeks if annual rent is over £50,000)
During the tenancy
(payable to the Agent)
If a tenant is late with their rental payment, the agent is permitted to charge interest of this outstanding balance of up to 3% above the Bank of England base rate.
For example, as of May 2019 the current base rate is 0.75%, therefore the agent may charge up to 3.75% interest on any rental arrears.
During the tenancy
(payable to the provider) if permitted and applicable
- Utilities – gas, electricity, water and sewerage
- Communications – telephone and broadband
- Installation of cable/satellite
- Subscription to cable/satellite supplier
- Television licence
- Council Tax
Other permitted payments
Any other permitted payments, not included above, for breaches of contract or under the relevant legislation including contractual damages.
These may include reasonable costs or losses incurred for loss of keys, security devices and changes to the tenancy agreement or early termination, if the Landlord agrees they can be made, up to the permitted limits.
