New View Residential - letting agents in Cambridge

First in Ethical Letting

Charges for Tenants

New View Residential is part of the Propertymark Client Money Protection Scheme

This is a scale of the so-called permitted payments we are allowed to charge under the Tenant Fees Act 2019.

On Application:

  • If an applicant wishes to reserve a property, we take a holding deposit equivalent to one week’s rent. If the tenancy proceeds, that holding deposit will go towards the first month’s rent.

During the Tenancy:

  • Refundable tenancy deposit – equivalent to five weeks’ rent
  • Replacement for lost key or other security device – charge will cover no more than the cost of replacing key or security device plus £15 per hour (incl. VAT) call- out-charge if it’s outside of office hours

  • If rent is more than 14 days late – we will charge interest at 3 percentage points above the Bank of England base rate prevailing at the time

  • Changes, variation or novation of terms requiring a new tenancy agreement - £50 (including VAT)
  • Early termination of tenancy – this charge is applied if the tenant terminates the tenancy without giving the contractual or statutory notice – Landlord’s costs for re-letting the property, and all outstanding rent until a new tenant is found (not to exceed the maximum outstanding rent on the tenancy).

Need assistance?

(01223) 868 570

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Latest news

Introducing our Finance Manager John Linney...

Introducing our Finance Manager John Linney...

Our Finance Manager John Linney has been with us since 2015 having previously worked in various roles in London and has overseen our growth in personnel and turnover over the years...

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In addition to receiving a professional and friendly service, our Landlords also benefit from knowing that by using New View Residential they are helping to support a charity of their choice.

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