Knightsbridge International Real Estate · Renting

Know where you stand.

A clear guide to the payments and permitted charges associated with renting a home through Knightsbridge International Real Estate.

Before your tenancy

The essentials, explained.

Holding deposit

Equivalent to one week's rent, to reserve a property. The existing published guidance explains when this may be retained and how it is applied to your first rental invoice.

Rent

Payable in accordance with the terms of your tenancy agreement.

Tenancy deposit

Generally capped at five weeks' rent where annual rent is below £50,000, or six weeks' rent where annual rent is £50,000 or more, subject to applicable rules.

Other permitted charges

Specific circumstances may include late rent, lost keys or security devices, tenancy changes, a change of sharer or an early termination requested by the tenant.

Read the complete tenant fees

For tenancies in England covered by the Tenant Fees Act 2019:

Holding deposit: up to one week’s rent. The usual agreement deadline is 15 calendar days after receipt, unless varied in writing. Refunds and any retention must follow the statutory rules.
Tenancy deposit: up to five weeks’ rent below £50,000 annual rent; up to six weeks from £50,000 to £100,000.
Tenant-requested variation or change of sharer: £50 including VAT, or higher reasonable costs supported by evidence.
Late rent: where the agreement permits, interest may apply once rent is at least 14 days overdue, capped at 3% above Bank of England base rate on the overdue sum.
Lost keys or security devices: reasonable replacement costs, evidenced in writing.
Insufficient notice: any charge cannot exceed the rent due for the correct notice period.

Rent and bills are payable in accordance with the tenancy agreement and applicable law.

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