Building & Maintenance
Tenant Permitted Payments
Tenant Payments Summary:
-One month’s rent in advance (unless otherwise agreed).
-Five weeks’ rent as a tenancy deposit ("the Deposit").
-One week’s holding deposit paid to London Move does not guarantee the tenancy.
Holding Deposit Conditions:
London Move may keep the holding deposit if:
-False or misleading information is provided.
-The applicant fails the right to rent check.
-The applicant withdraws from the tenancy.
-The applicant does not respond within 24 hours when requested for information.
If retained, London Move will notify applicants within 7 days with reasons.
Next Steps:
London Move may keep the holding deposit if:
-Applicants must complete referencing within 24 hours of notification.
-After satisfactory references, the Tenancy Agreement will be issued within 48 hours.
-All tenants must sign the agreement together at the London Move office before tenancy starts.
Note: The holding deposit is not protected under the Housing Act 2008 deposit schemes.
Our Fees
Landlord Fees:
-Letting Only – 9.6% inc VAT.
-Letting & Rent Collection – 12% inc VAT.
-Rent Collection and Property management – 6% inc VAT.
-Letting, Rent Collection and Property Management – 15.6% inc VAT.
