Rent - This will be clearly displayed on all advertising and represents the value per calendar month of a property. The agreed rent can be subject to negotiation and may increase or decrease depending on your circumstances and overall property demand. Johnsons and Partners will confirm and agree the rent amount with you when considering your application
Holding deposit – Maximum 1 weeks' rent
Security deposit – Set at a maximum of 5 weeks' rent (per tenancy where the rent is under £50,000 per year). This covers damages or defaults on the part of the tenant during the tenancy
Unpaid rent – Interest at the current Bank of England’s Base Rate from rent due date until paid in order to pursue non-payment of rent. Please note: This will not be levied until the rent is more than 14 days in arrears
Variation, Novation or Assignment of Contract - £50.00 (VAT Exempt) per agreed variation, to cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents
Change of Sharer (at the request of the tenant) - £50.00 (VAT Exempt) per replacement tenant to cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents
Surrender of Tenancy (early termination at the request of the tenant) – Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy
Lost key or security device – Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord and/or any other persons requiring keys will be charged to the tenant
CMP is a Client Money Protection Membership Scheme for property agents to protect their clients’ money against the theft or misappropriation of the client money by the member’s owners
Johnsons and Partners are a member of Client Money Protect, membership number: CMP002558
We keep deposit money safe for letting agents, landlords and tenants. Our free Custodial scheme is fast and efficient, and we also provide a competitively-priced insured scheme. With over ten years’ experience of protecting tenancy deposits, we're the home of deposit protection
We’re authorised by the Ministry of Housing, Communities and Local Government to provide tenancy deposit protection in England and Wales
We’ve been providing free custodial deposit protection since April 2007 and insured deposit protection since 2012