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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
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