3387 properties to let in Nottinghamshire

Permitted Payments

Before the tenancy –
One weeks rent is payable to reserve the property. Should the application be successful, this will be put towards your first month’s rent.
Five weeks rent is payable as a security deposit, which subject to Term’s and Conditions of the deposit will be refunded at the end of the tenancy.

During the tenancy –
A payment of £50 is payable if you want to change the Tenancy Agreement.
A payment of £50 is payable for rent which is paid late exceeding 14 days.
A payment of £50 is payable for the reasonably incurred costs of the loss of keys/security devices.
A payment equivalent to one months rent +VAT is payable should early release from the tenancy be granted alongside any rent owed.

During the tenancy (payable to the provider) if applicable
Utilities – Gas, Electricity, Water
Communications – Telephone and Broadband
Subscription to cable/satellite supplier
Television License
Council Tax

Other Permitted Payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Tristram’s Property Services ltd is a member of Client Money Protection Scheme and a member of The Property Ombudsman, which is a redress scheme. You can find out more details on the agent’s website or by contacting the agent directly.

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

On 1st June 2019 the Tenant Fees Act 2019 came into force, and from this date our permitted payments (inclusive of VAT) chargeable to tenants are as follows:

Holding deposit:
A maximum of the equivalent of one weeks rent.

Deposit:
A maximum of five weeks rent. Upon satisfactory conclusion of referencing your Holding Deposit will be allocated to this, leaving a further four weeks payable.

Unpaid rent:
Chargeable when arrears reach 14 days, and calculated at 3% above the Bank of England base rate.

Lost keys or security device:
Tenants can still be charged to cover the cost of replacing a lost key or security device (e.g. Electronic device for opening gates/garage doors). If additional costs are incurred to cover the time taken to replace the keys these may be charged at £15.00 per hour.

Variation of contract:
If the tenant requests a variation to the contract a charge of £50.00 per agreed variation will be payable. All changes are subject to landlord approval.

Early termination of tenancy:
If a tenant requests to terminate their tenancy early then they are responsible for meeting the landlords reasonable costs in permitting the tenant to leave early, and the re-letting of the property. Tenants will remain responsible for rent and other payments under their tenancy agreement whilst it remains in force.

Change of sharer:
If a tenant requests a change of sharer on a joint tenancy they will be charged £50.00 for each change of sharer.

Utilities:
Tenants remain responsible for the payment of utility bills (gas, water, electric), communication service (broadband, TV, telephone) as well as council tax.

Optimum Lettings & Property Management Limited are a member of Safeagent (and as such benefit from Client Money Protection within our membership) as well as The Property Ombudsman.

Permitted Payments

Before the tenancy –
One weeks rent is payable to reserve the property. Should the application be successful, this will be put towards your first month’s rent.
Five weeks rent is payable as a security deposit, which subject to Term’s and Conditions of the deposit will be refunded at the end of the tenancy.

During the tenancy –
A payment of £50 is payable if you want to change the Tenancy Agreement.
A payment of £50 is payable for rent which is paid late exceeding 14 days.
A payment of £50 is payable for the reasonably incurred costs of the loss of keys/security devices.
A payment equivalent to one months rent +VAT is payable should early release from the tenancy be granted alongside any rent owed.

During the tenancy (payable to the provider) if applicable
Utilities – Gas, Electricity, Water
Communications – Telephone and Broadband
Subscription to cable/satellite supplier
Television License
Council Tax

Other Permitted Payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Tristram’s Property Services ltd is a member of Client Money Protection Scheme and a member of The Property Ombudsman, which is a redress scheme. You can find out more details on the agent’s website or by contacting the agent directly.