1288 properties to let in Buckinghamshire

Permitted Payments

In accordance with the Tenant Fees Act 2019, tenants will only be required to pay the following permitted payments in connection with a tenancy:

• 
  Rent
  
  


• 
  A refundable tenancy deposit (capped at five weeks’ rent if the annual rent is less than £50,000, or six weeks’ rent if more)
  
  


• 
  A refundable holding deposit (to reserve a property, capped at one week’s rent)
  
  


• 
  Payments to change the tenancy (capped at £50 or reasonably incurred costs, if higher)
  
  


• 
  Payments associated with early termination of the tenancy (when requested by the tenant)
  
  


• 
  Payments in respect of utilities, communication services, TV licence and council tax
  
  


• 
  Default fees for late payment of rent and replacement of lost keys/security devices (where required under the tenancy agreement)
  
  

We do not charge any administration fees.

Please note the charges listed below are the maximum fees that will be applied unless stated otherwise.

Fees and Charges

Holding Deposit	max one week's rent
First months rent	in advance
Tenancy Deposit England	5 or 6 weeks depending upon the rental amount
Tenancy Deposit Wales	Unlimited
Early termination (requested by tt)	£30 plus a charge not exceeding the financial loss experienced by the landlord
Late Rent	interest charged at 3% above Bank of England base rate when rent is more than 14 days late
Lost key (or security device)	equivalent to cost incurred
Changing tenancy documents (after commencement of tenancy)	£50 inc VAT (England only)
Change of sharer (at tenants request)	£50 inc VAT (England only)

You will only be charged the following fees if the annual rent exceeds £100,000, or the property is occupied by a Company or the property is not used as a main or primary home

Tenancy Agreement	£300 inc VAT
Extension Agreement	£125 inc VAT
Company Reference	£175 inc VAT
Individual Reference Fee (per person)	£75 inc VAT
Administration	£50 inc VAT
Damage Fee	£90 inc VAT
Guarantor Reference per guarantor	£100 inc VAT
Deed of Guarantee	£75 inc VAT
Check–In (minimum fee)	£72 inc VAT
Arrears Fee	£30 inc VAT
Overpaid Rent Return	£30 inc VAT
Pet Licence	£75 inc VAT
Change of Sharer	£300 inc VAT

The Initial Money will be confirmed and must be paid by debit card or bank transfer. We do not have the facilities to accept cash.
Optional extras if agreed
Countrywide is a member of and covered by the ARLA Propertymark Client Money Protection Scheme.
Countrywide is also a member of a redress scheme provided by The Property Ombudsman . Copies of the TPO Code of Practice and our complaint handling procedure are available from any of our branches.

Cauldwell Property Services is a member of Propertymark and covered by the Propertymark Client Money Protection Scheme. Cauldwell is also a member of a redress scheme provided by The Property Ombudsman.

Assured Shorthold Tenancies (ast’s)

Permitted payments and tenant protection information

As well as paying the rent, you will also be required to make the following permitted payments.

Permitted payments for properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:

• Holding deposits (a maximum of 1 week's rent);


• Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above);


• Payments to change a tenancy agreement, £60 inc vat


• Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); £540 inc vat


• Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV license;


• Council tax (payable to the billing authority);


• Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate);


• Reasonable costs for replacement of lost keys or other security devices;


• Contractual damages in the event of the tenant's default of a tenancy agreement; and


• Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.

Acceptance of any offer will be subject to contract, referencing and immigration checks. You will need to pay the Rent and Deposit that is due under a Tenancy Agreement, or where the landlord is offering the property with a deposit replacement guarantee product, and you wish to take up this option, you will need to provide proof that you have purchased such a product by providing us with a copy of the insurance certificate before a tenancy can start.

Referencing and Right to Rent Checks - You will be asked to complete an application form before referencing can be undertaken, you should also provide an original photographic Identification (e.g. Passport, National id card, visa, resident permit, driving licence) and Proof of Residence (e.g. Original utility bill, council tax bill or bank statement all of which much be less than 3 months old). The need for a guarantor may not become apparent until your referencing (including references for any joint tenants) has been completed. Where a guarantor is required an application form and photographic identification with proof of residence will be required.

Referencing will cover a check against the credit file and public records of the individual, an Anti-Money Laundering check, confirmation of employment and salary details, confirmation of previous tenancy details, right to rent checks, reporting the results of all those checks to your prospective landlord to see if your application is acceptable.

Tenant deposit - In England under the Tenant Fees Act 2019 Deposits are limited to the equivalent of 5 weeks rent for new and renewed tenancies (or 6 weeks if the annual rent is £50,000 or more). This is calculated by dividing the annual rent by 52 and multiplying by 5 (or 6 if rent is £50,000 or more) and will be required to be paid at the start of the tenancy. This is subject to referencing.

Holding deposit - In England under the Tenant Fees Act 2019 Holding Deposits are limited to the equivalent of one weeks rent. This is paid in order to reserve a property. This is calculated by multiplying the monthly rent by 12 to establish the annual rent, then dividing the annual rent by 52. The Holding Deposit will be required to be paid once your offer is accepted. You will be provided with the rules of when this is to be returned to you or retained by the agent before this payment is made.

Tenant Fees Act 2019 permits certain fees / charges to be made under the following circumstances:

Default fee for late payment of rent
Chargeable from 14 days arrears calculated on the interest at 3% above Bank of England base rate on the late payment of rent for each day that the payment is outstanding.

Loss of a key or other security device
Landlords and letting agents can charge a tenant a fee to cover the cost of replacing the lost key or security device (e.g. Fob, electronic device for garage doors / security gates).

Payment on variation, assignment or novation of a tenancy - £50.00
When a tenant has requested it, landlords and letting agents can charge to vary, assign or replace a tenancy. Fee charge £50 (including VAT)

Payment on termination of a tenancy
Landlords and letting agents can require a tenant to make a payment for an early termination (surrender) of the tenancy agreement at the tenants request.

Company application fee - £100.00
£100 including VAT

Should you require further clarification, please ask us to explain these to you.

We are members of:

The Property Ombudsman Redress Scheme - C0008

ARLA/Propertymark Client Money Protection Scheme - C0002080