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£1,500,000
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£1,800,000
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Refundable Holding deposit
Capped at 1 weeks rent
Security Deposit
Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
Rent
The agreed monthly rent
Changes to tenancy
Capped at £50 inc VAT
Early termination charge
Not exceeding the landlord’s financial losses
Late payment of rent
Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keys
Reasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etc
Tenants own responsibility unless otherwise stated in contract
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