In renting a property, the tenant may be liable for the following fees and charges:
- Damage Deposit: 4 or 5 weeks rent
- First months rent: payable prior to agreed check in date
- Payment to change a tenancy agreement eg. change of sharer £50
- Payments associated with early termination of a tenancy (landlord's loss or the agent's reasonably incurred costs)
- Interest payments for the late payment of rent at 3% per day above Bank of England's annual percentage rate