.Permitted Payments And Tenant Protection Information - As well as paying the rent, Maguire Jackson also require you to make the following permitted payments. • A holding deposit (a maximum of 1 week's rent); • Security Deposit (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 (£60 inc VAT); • Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); • Utilities (electricity, gas or other fuel, water, sewerage), communication services "telephone, internet, cable/satellite television), TV licence; • Council tax (payable to the billing authority); • 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 and regulations applicable at the relevant time. Tenant protection In addition to publishing relevant fees, lettings agents are also required to publish details of the redress scheme and Client Money Protection scheme they are members of: • Maguire Jackson are members of the The Property Ombudsman Scheme • Maguire Jackson are members of Client Money Protection (CMP) Client Money Protection Scheme
