Knowledgebase

Understanding Rent and Charges Print

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What you are paying.

WHAT TO ESTABLISH

The rent, and the period it covers How often it is payable What is included What is charged separately How and when it may increase

WHY IN ADVANCE

Assumptions about what is included cause disputes.

WHAT IS COMMONLY CHARGED SEPARATELY

Electricity and water Service or estate charges Waste collection Security Generator fuel contributions Maintenance of common areas

WHAT TO ESTABLISH ABOUT SERVICE CHARGES

What they cover How they are calculated Whether they are fixed or variable Who administers them

WHY

They are frequently substantial and poorly accounted for.

WHAT TO ASK

For a breakdown of what the charge covers.

WHAT TO ESTABLISH ABOUT ADVANCE RENT

How much is required What period it covers Whether it is negotiable

WHY IT MATTERS

Substantial advance rent is a large commitment and it is difficult to recover if things go wrong.

WHAT TO ESTABLISH ABOUT THE DEPOSIT

The amount What it covers The conditions for its return When it is returned

WHY

Deposit disputes are the commonest dispute at the end of a tenancy.

WHAT TO ESTABLISH

That the deposit is separate from rent.

WHY

Deposits described as advance rent are not returned.

WHAT TO OBTAIN

A receipt for everything paid, stating what it is for.

WHY

Without it, payments cannot be proved.

WHAT TO ESTABLISH ABOUT INCREASES

Notice required How much and how often


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