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In addition to paying rent for the property, you may also be required to make the following permitted payments: 

To secure the property:   

  • Holding Deposit: 1 week’s rent (which will be set against the month’s rent in advance) 

Before the tenancy starts:   

  • One Month’s rent in advance (less the holding deposit) 
  • Deposit: 5 weeks rent which will be protected by the Tenancy Deposit Scheme (TDS) 

During the tenancy:  

  • Payments to other third parties: such as Council Tax, utilities or payments for communications services; 
  • Default Charges: such as payments for the replacement of lost keys or lock changes (actual cost of replacement, plus in special circumstances you may incur a £15 (incl VAT) per hour charge for the time taken to replace keys or change locks) or interest on overdue rent which will be charged at 3% interest over Bank of England Base Rate once the rent is 14 days overdue and will be levied from the first day of the rent arrears period;    
  • Tenancy Transaction Charges: such as requests to vary or assign the tenancy, which will be £50 (incl VAT) or reasonable costs. 

Tenant Protection 

Hellas-Helvetia Limited is a member of Propertymark, which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme. Tenants’ Deposits are protected by the Tenancy Deposit Scheme (TDS). For full details of the Propertymark Conduct and Membership Rules please see: 


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