Permitted Payments

No Deposit Option

With the No Deposit Scheme, you will pay a monthly service charge based on the property rental amount. You will still be liable for any damages, and John Shepherd will always try to recover any fair end-of-tenancy claims directly. This is only available on eligible properties labelled as NDS and is subject to referencing.
Rent per calendar month & No Deposit Scheme additional amount:
- Rent per calendar month up to £999 will incur an additional payment of £25.00 inc. VAT per month
- Rent per calendar month £1000 and over will incur an additional payment of £35.00 inc. VAT per month
- Rent per calendar month £2000.00+ + 4.5% inc. VAT of the monthly rent

Other Permitted Payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.

Non-Housing Act Tenancies 1988 (e.g. Company Let Tenancy)
Under new legislation, we are not permitted to charge Administration/Application fees to Tenants unless the tenancy is a Non-Housing Act Tenancy. Therefore, the fees below relate purely to Non-Housing Act Tenancies.

Included within your Application Fee; Tenant referencing checks which include affordability, current/previous landlord checks (if applicable), Credit report checks, Immigration Right To rent in the UK validation including Identification checks & preparation, completion of Tenancy documentation.
- One Tenant: £249.60 Inc. VAT (net £208.00)
- Two Tenants: £398.40 Inc. VAT (net £332.00)
- Three or More Tenants or Company: £510.00 Inc. VAT (net £425.00)
- Guarantor: £234.00 Inc. VAT (net £195.00)

Rental Arrears
- Rent Outstanding for 14 Days or More: 3% Daily Interest Rate (above Bank Of England Base Rate)
- Rent Outstanding for 14 Days or more: £54.00 inc. VAT (net £45.00) per week until rent balance is clear
- Non-Payment of Standing Order or Returned Cheque: £54.00 inc. VAT (net £45.00)
- Letter or Email sent in respect of Outstanding Rent: £54.00 inc. VAT (net £45.00)
- Property Visit in respect of Outstanding Rent: £54.00 inc. VAT (net £45.00)

Matter Escalated to Legal Advisors
- Charge for each Letter sent plus other associated Legal costs: £54.00 inc. VAT (net £45.00)

Tenancy Renewal
- Tenancy Extension/Renewal: £180.00 inc. VAT (net £150.00)

Miscellaneous
- Change of Tenancy Commencement date prior to the start of the tenancy: £30.00 inc. VAT (net £25.00) (If the Tenancy paperwork has already been prepared by the Agent and distributed)
- Property alterations/variations of the Tenancy Agreement: £99.00 inc. VAT (net £82.50)
- Any other variation, novation or assignment of the Tenancy: £294.00 inc. VAT (net £245.00)
- Tenancy reference provided to any third party: £54.00 inc. VAT (net £45.00)

Tenant Protection
John Shepherd Lettings are a proud member of Propertymark, which is a client money protection scheme, and we are also a member of The Property Ombudsman which is a redress scheme. You can find out more details on our website or by contacting us directly.
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 and Wales, 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 (truncated)

Flats To Rent in Loughborough, Leicestershire