Tenancy Rates For East London

Tenants

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We trade on our excellent reputation and reliability to find suitable properties for our Tenants to live in. We deal with Landlords and other Agents who understand the standards required for every Tenant. Through our network we have properties to suit all requirements from Rooms in shared house’s (HMO’s), Studio apartments,1 bed flats up to 5-bedroom Houses and larger. We deal with all kinds of properties suitable for all kinds of tenants.

If you are a student, sharer or professional or would just like advice then please feel free to call us for a friendly chat with one of our consultants.

Your first step in finding your new home is to contact us and speak to a member of our team to discuss your property requirements. You will of course need to provide us with brief details about yourself and we will search our database and network to match your requirements. You will find that properties in the rental sector move very quickly so it is wise to start viewing about a month before you wish to move. Our tenancies are granted for a minimum term of 6 months.

We will arrange suitable viewing times for you to view your chosen properties and all appointments will be with a member of our team. Our dedicated team can arrange viewings up to 8pm weekdays as well as Saturday and Sunday viewings.

Costs

Most rents are quoted weekly and paid monthly in advance: Figures are based on a calendar month. For example, to calculate the monthly rent on a property at £200.00 per week is £200.00pw x 52 weeks in a year = £10400.00 per annum divide by 12 months to get the monthly rent of £866.66 per calendar month Rents quoted do not include utilities or council tax. (Unless stated)

Tenants are responsible: for payment of Gas, Electricity, Water Rates, and Council Tax and for the costs of any telephone line rental and television license.

Pre- Tenancy Charges

Permitted Charges in accordance with the Tenant Fee Act 2019 for an Assured Shorthold Tenancy.

Holding Deposit max one week\'s rent
First months rent in advance
Tenancy Deposit 5 or 6 weeks depending upon the rental amount
Early termination(when requested by the tenant) a charge not exceeding the financial loss experienced by the LL
Late Rent interest charged at 3% above Bank of England base rate when rent is more than 14 days late
Lost key equivalent to cost incurred
Changing tenancy documents(after commencement of tenancy) £50 inc VAT

Non Housing Act tenancy fees not affected by the Tenant Fee Act 2019:

Tenancy Agreement £300 inc VAT
Extension Agreement £125 inc VAT
Company Reference £175 inc VAT
Administration £50 inc VAT
Damage Fee £90 inc VAT
Guarantor Referenceper guarantor £100 inc VAT
Deed of Guarantee £75 inc VAT
Check-In (minimum fee) £72 inc VAT
Arrears Fee £30 inc VAT
Overpaid Rent Return £25 inc VAT
Pet Licence £75 inc VAT

Fees/Charges in Wales from 1st June to 31st August

First months rent in advance
Tenancy Deposit up to 6 weeks rent
Tenancy Agreement £300 inc VAT
Administration per person £50 inc VAT
Referencing per person £75 inc VAT
Check-In £72 inc VAT
Arrears Fee £30 inc VAT
Overpaid Rent Return £25 inc VAT
Damage Fee £90 inc VAT

Other charges

Change of Sharer £300 inc VAT
Extension Agreements £125 inc VAT

Optional extras if agreed

Saturday Move In £60 inc VAT
Pet Licence Fee £75 inc VAT

Marlborough Homes Inc Ltd is a member of and covered by the RICS Client Money Protection Scheme. Marlborough Homes Inc Ltd is also a member of a redress scheme provided by The PRS

Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes). Relevant fees must also be published on third party websites, such as Rightmove. For properties to rent in England, details of the agent\'s membership of any redress scheme and client money protection scheme must also be published with their fees on Rightmove. It is the agent\'s responsibility to ensure that all relevant information is provided to Rightmove and is up to date and accurate. If the relevant information does not appear here, the agent may have included it within the property description.

Tenants’ Contents Insurance

Tenants must have their own personal Insurance policy when renting a property. In addition to covering your own items and contents, you should ensure that you are covered under the policy for any accidental damage caused to the Landlord’s contents. If you require any further information then please do not hesitate to contact a member of our team on 020 8989 8796 where we can introduce you to our Insurers.

The Landlord is responsible for insuring the building

The Process

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