View our CMP & PRS certificates
Permitted payments for tenants
Under the Tenant Fees Act 2019, the only payments we can ask tenants for in connection with an assured shorthold tenancy are:
Holding deposit: no more than 1 week's rent, to reserve a property.
Security deposit: no more than 5 weeks' rent where the annual rent is under £50,000, or 6 weeks' rent where it is £50,000 or more. Deposits are protected in a government-approved scheme.
Rent: as set out in your tenancy agreement.
Changes to the tenancy at the tenant's request: up to £50 (inc. VAT), or reasonable costs if higher.
Early termination at the tenant's request: the landlord's loss and reasonable costs of re-letting.
Late payment of rent: interest at 3% above the Bank of England base rate, for rent more than 14 days overdue.
Lost keys or security devices: the reasonable cost of replacement.
Utilities, communication services, TV licence and council tax, where the tenant is responsible under the tenancy.
Landlord fees
Please contact us on 01775 720015 for a full, written breakdown of our landlord fees for each of our letting services.
Client Money Protection & redress
Premier Property Management (Lincolnshire) Limited is a member of a Client Money Protection scheme and the Property Redress Scheme.
Property Redress Scheme No: PRS001230
Client Money Protection Certificate No: CMP004517