Draycott Avenue, London, UK, SW3

£995 PW (LET)

Tenant Scale of Charges
This outlines the permitted payments under the Tenant Fees Act 2019 and those under an assured shorthold tenancy agreement, ensuring Tenants understand their financial obligations.
Rent
The Tenant must pay rent as agreed (monthly, quarterly, half-yearly, or annually) in advance. Payments must be on time unless agreed otherwise. If overdue, interest may apply at ~% above the Bank of England Base Rate (max 3%), from the due date until paid.

Default Fee for Late Payment of Rent
If rent is overdue by more than 14 days, interest will apply at the specified annual percentage rate. It will accrue from the due date until full payment is made. 
Deposit: The Tenant must pay a deposit before the tenancy begins. It will be held in a Government-approved scheme and refunded at the end, provided the conditions (e.g., good property condition) are met. The deposit is capped at five weeks' rent for rents up to £50,000, and six weeks' rent for rents above £50,000.
Holding Deposit: A Holding Deposit, equal to one week's rent, is required to confirm the tenancy. If the Tenant withdraws, provides false information, or doesn’t sign the contract within 15 days (or another agreed deadline), the Holding Deposit will be withheld. Default Payments: If the Tenant breaches the agreement (e.g., late payment, damage), they must compensate the Landlord for any losses incurred, including legal fees or repairs. These payments are subject to statutory limits and documented through invoices. Variation of Agreement: If the Tenant requests a variation, a fee may be charged to cover reasonable costs. Fees will only exceed £50, including VAT, if required, and written evidence will be provided.
Council Tax
The Tenant is responsible for Council Tax if liable, as specified in the tenancy agreement. Timely payment is required to avoid penalties.
Client Money Protection
White Estates’ Client Money Protection Scheme, provided by Property Mark, ensures the Tenant’s financial interests are safeguarded.
Redress Scheme Membership
White Estates is a member of The Property Ombudsman Redress Scheme, subject to its codes of practice. In case of disputes, the Tenant can use this scheme for fair and transparent resolution.