{"id":8402,"date":"2020-07-24T19:28:38","date_gmt":"2020-07-24T19:28:38","guid":{"rendered":"https:\/\/staging.twentyeleven.co.uk\/?p=604"},"modified":"2022-04-04T16:58:18","modified_gmt":"2022-04-04T16:58:18","slug":"do-you-know-the-upfront-costs-of-renting","status":"publish","type":"post","link":"https:\/\/senateproperty.co.uk\/?p=8402","title":{"rendered":"Do you know the upfront costs of renting?"},"content":{"rendered":"

Moving house is difficult enough without having any added stress so we want to lend a helping hand by looking at what charges you can expect. This way, you can pack up, move in and settle in, with minimal hassle!
\nThe main and biggest upfront cost will be a month\u2019s rent in advance<\/strong> and a deposit <\/strong>(this will usually be 6 weeks rent). If you\u2019re in an \u2018Assured Short hold Tenancy\u2019 your landlord has a legal obligation to put your deposit in a protected deposit scheme. If they have not done so within 30 days of you moving in, it\u2019s worth contacting \u2018The Property Ombudsman\u2019 to find out what next steps you should take.
\nWhen you have secured the rental property, the Letting Agent may ask you for a holding fee<\/strong>. This will be an upfront portion of the rest of your move-in costs \u2013 not an extra fee \u2013 but if you decide to drop out of renting the property before you\u2019ve moved in, you won\u2019t get this back.
\nYou may also be charged Letting Agency fees<\/strong>. It\u2019s always worth finding out the breakdown of what these include and questioning any fees you don\u2019t understand. These charges usually include fees for:<\/p>\n