DOUBLE ROOM IN A FLAT SHARE FOR A SINGLE PERSON ... We are delighted to offer this beautiful room. Conveniently located on a bus route and with Hainault Station within approx 10-15 minute walk. Would suit a single person<br /><br />Shared fitted kitchen and bathroom. <br /><br />Including utility bills, excluding phone.............................................................<br /><br /><br /><br /><br /><br /><br />The Lettings Fees Act 2019<br />As well as paying the rent, you may also be required to make the following permitted payments.<br />Permitted payments:<br />Before the tenancy starts (payable to Barnett Richards 'the Agent')<br />Holding Deposit: 1 week's rent<br />Deposit: 5 weeks' rent<br /><br />During the tenancy (payable to the Agent) for English properties:<br />Payment of up to £50.00 plus VAT if you want to change the tenancy agreement<br />Payment of interest for the late payment of rent at a rate of 3 % above the Bank of England<br />base rate. Please see example below...<br /><br />Payment of £50 Plus VAT for the reasonably incurred costs for the loss of keys/security<br />devices. Cost of replacement key/fob is in addition to the above-mentioned amount.<br />Payment of any unpaid rent or other reasonable costs associated with your early<br />termination of the tenancy.<br /><br />Other permitted payments<br />Any other permitted payments, not included above, under the relevant legislation including<br />contractual damages.<br />A tenant misses a rent payment of £500 on 1st January and a further payment on 1st<br />February, on February 28th the tenancy ends and the landlord intends to charge for<br />payment.<br />£500 for the rent amount for the first 31 days £500 x 0.0375 = £18.75<br />£18.75/365 = 5p per day 5p x 31 = £1.55 for the first 31 days of arrears at that total.<br />£1000 = rent amount in arrears for the last 27 days<br />£1,000 x 0.0375 = £37.50 annual interest £37.50 / 365 = 10p per day<br />27 days have passed since the tenant went into arrears so 10p x 27 = £2.70.<br />£2.70 + £1.55 = £4.25 in arrears can be charged for the late rent.<br />During the tenancy (payable to the provider) if permitted and applicable<br />Communication - Telephone and broadband, Installation of cable/satellite, Subscription to<br />cable/satellite supplier, Television licence. Utilities- Council Tax, gas, electricity and water.<br />Tenant protection<br /><br />Barnett Richards is a member of the Client Money Protect Scheme (CMP), which is a client<br />money protection scheme, and also a member of Property Redress Scheme (PRS) which is a<br />redress scheme. You can find out more details on our website or by contacting us directly.<br /><br />Holding Deposits<br />Holding deposits will be limited to 1 week's rent and subject to statutory legislation on the<br />repayment of this should the tenancy not go ahead. Briefly, this is proposed to be:<br /><br />1. The landlord has 15 days to make a decision once a holding deposit is taken.<br />2. If the tenancy does not go ahead, then the money must be repaid in full within 7<br />days of the deadline being reached or the landlord backing out.<br />3. Repayment does not need to be in full if the tenant backs out of the tenancy<br />agreement themselves, fails right to rent checks, has provided false or misleading<br />information, or where the landlord tries their best to get the information needed but<br />the tenant fails to provide it within the 15 days.<br />4. If the tenancy does go ahead, the holding deposit must be returned within 7 days of<br />agreement, unless it is converted into part payment of the actual deposit or used<br />towards the initial rent payment.