Deposit Payment & Fees Info

LASTRA Property Group will ask you, once you have signed the contract for five weeks deposit of the rental amount. LASTRA Property Group will register the deposit with the Deposit Protection Services (DPS).

The Deposit Protection Services (DPS)

Tenancy deposit protection was introduced by the government in April 2007, for all assured. shorthold tenancy is in England and Wales, where a deposit was taken. The aim is to make sure you’re treated fairly at the end of your tenancy.

LASTRA Property Group will provide you with a Deposit Protection Services (DPS) handbook, providing all the relevant information required when you first move into the property.

Tenant fees

During the tenancy, if a tenant requests a change to the tenancy agreement, for example, a change of sharer a fee of £50, including VAT will be charged for the amendment of a tenancy or addition of an addendum.

Early termination

Unless the landlord is in an agreement, If a tenant decides to leave before the end of the tenancy, Lastra Property Group will charge an early termination fee. A charge will be made equal to the loss of rent, plus any landlords' costs in re-marketing and paperwork to allow the change of tenant.

Payments in respect of utilities, communication, services, and council tax.

Tenants remain responsible for paying all utility bills for example council tax, gas, electricity, water and communication services (broadband, television license, phone).

Keys

The tenant is responsible for ensuring that they look after the keys provided for the property throughout the tenancy. If they fail to do so, tenants will be responsible for covering the reasonable cost of replacement of the keys.

Default fee for late payment of rent

LASTRA Property Group in the event of late payment of rent will charge the tenant a fee that has been outstanding for 14 days or more and with interest at no more than an annual percentage rate of 3% above the Bank of England base rate for each day the payment is outstanding.

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