We do not charge tenant fee's from 1st June 2019
Holding Deposit & Offer Process
In order to make an offer (Subject to contract and references) a holding deposit of one weeks deposit as part of initiating the offer process via Andre Joseph Estates is required.
All holding deposits are non-refundable unless your offer has been rejected by the landlord. If the landlord decides to withdraw after an offer has been accepted and the refences have already been completed or are still in process, the holding deposit will be refunded.
Once your offer is accepted, we ensure that no other applicant of Andre Joseph Estates views the property unless we are instructed by the lanldord to do so. If for any reason you decide withdraw and not to proceed with the tenancy, Andre Joseph Estates will retain the total holding deposit. If the tenancy proceeds then the holding deposit will be allocated to the total monies required in relation to your tenancy.
You will be required to pay the final monies (outstanding balance) within 7 days after your references have passed or one day before your agreed move date whichever comes sooner. The final monies will be the remaining months rent and security deposit.
For further clarity please see the below:
For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
Holding deposits (a maximum of 1 week's rent);
Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above);
Payments to change a tenancy agreement eg. change of sharer (capped at £50 or, if lower, any reasonable costs);
Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs);
Utilities, communication services (eg. telephone, broadband), TV licence and council tax;
Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate);
Reasonable costs for replacement of lost keys or other security devices;
Contractual damages in the event of the tenant's default of a tenancy agreement; and
Any other permitted payments under the Tenant Fees Act 2019.
In addition to publishing relevant fees, lettings agents are also required to publish details of:
the redress scheme ANDRE JOSEPH ESTATES is a member of is PRS
ANDRE JOSEPH ESTATES is not a member an approved or designated Client Money Protection scheme as this will not be mandatory until 1st April 2021 due to its extension by the Government.