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Information for Assured Shorthold Tenancy Tenants:
Relevant letting fees and tenant protection information
In addition to paying rent for the property, you may also be required to make the following permitted payments:
Before the tenancy starts: Holding Deposit: 1 week’s rent, which forms part of total deposit.
Deposit: 5 weeks rent (or in the case of rental income of more than £50,000 per annum 6 weeks rent).
During the tenancy: Payments to other third parties: such as council tax, utilities or payments for communications services;
Default Charges: such as payments for the replacement of lost keys or security device actual cost of replacement. Interest on overdue rent 3% per annum over The Bank of England base rate.
Tenant Protection
DRE Residential is a member of Client Money Protect, which is a client money protection scheme, and members of Property Redress Scheme, which is a redress scheme. You can find out more details on our website or by contacting us directly.
For more information, please call us on 0203 059 4500
