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Lettings Fees


Minors & Brady's lettings fees.

Holding Deposit

Applications for rental properties are subject to a holding deposit equivalent to one weeks rent and only accepted once initial application is agreed with the Landlord and will be subject to satisfactory referencing as well as passing Right to Rent Checks. The holding deposit is non-refundable unless the Landlord withdraws from the agreed tenancy due to any reason other than failed Tenant referencing. If a Tenant fails referencing due to inaccurate information provided, the Tenant forfeits their holding deposit.



Deposits

Each tenancy will require a security deposit equivalent to 5 weeks rent and will be secured with a Deposit Protection Scheme.

Move-in Monies

On or before the day you move-in, you will need to have paid and cleared the full outstanding funds for the upcoming tenancy. This includes the following: 
  • First month rent (or full rent in advance if agreed) minus holding deposit paid to secure property.
  • Damage deposit (five weeks rent).


Tenancy Charges

Any changes or early termination to the Tenancy Agreement once begun will be subject to a £50+VAT charge. A £50+VAT charge will be applied in the event of lost keys/security devices.

Late Rent Payments

Minors & Brady reserve the right to charge 3% above the Bank of England base rate in interest on the late payment of rent from the date the rent payment is missed whereby the rent has been due for 14 days or more.



Our Redress Scheme

Minors & Brady Ltd are a member of The Property Ombudsman redress scheme (TPO ID: D11721).



Client Money Protect

Minors & Brady Ltd are a member of Client Money Protect (Membership No: CMP004841).

Looking to sell?

Find out how much your home is worth with a free, no obligation valuation by one of our directors.