There are no holding deposits payable to reserve a property or room.
Residential property deposits
Up to five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.
Student and professional sharer deposits
£200 per person. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid rent
May result in interest at 3% above Bank of England Base Rate being charged from the due date. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Variation of contract (tenant’s request)
£50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of sharer (tenant’s request)
£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord’s instructions, new tenant/guarantor referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents. New applicants will be subject to referencing, approval from the Landlord and other named tenants in the agreement. Such consent will not be unreasonably withheld. The fee is charged per name change.
Early termination (tenant’s request)
Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
Contractor out of hours (weekdays 5pm – 9am, weekends & bank holidays)
If a tenant breaches the tenancy agreement which results in the requirement for a contractor attending out of hours, you will be responsible for the cost to remedy the situation.
Costs for damage to the property
If you breach your tenancy agreement by causing any damage beyond fair wear and tear, either maliciously or by accident, you will be responsible for the cost to remedy the situation. Where there is more than one tenant if a specific individual cannot be identified as responsible, then the charge will be divided equally to all residents.

Cloud Lettings are a member of;
Tenancy Deposit Scheme - Membership Number G09813
ARLA - Membership Number M0051816
The Property Ombudsman - Membership Number T01255
Cloud Lettings are also an Associate Agent of the City of Lincoln Trusted Landlord Scheme - Scheme Number 18864.
Propertymark Client Money Protection scheme - Scheme Reference C0126493.
Any information collected from you will be processed in accordance with the General Data Protection Regulation. Full details of how Cloud Lettings Ltd process your information can be found on our website.

Student Studio Flats To Let in East Midlands