All Assured Short-hold Tenancies (ASTs) Tenant Fee's Information
Holding Deposit: One week's rent. (This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year): Five weeks' rent. (This covers damages or defaults on the part of the tenant during the tenancy)
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract £50 (inc. VAT) per agreed variation. (To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents)
Change of Sharer £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. (To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination: Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Client Money Protection (CMP): Money Shield
Redress scheme: The Property Redress Scheme (PRS)
Deposit: Tenancy Deposit Scheme (TDS)
Transformed from its industrial past, the Jewellery Quarter is a hotspot for young professionals. This community is located within close proximity to the city centre, and contains Europe’s largest concentration of manufacturing jewellers – producing more than 40% of UK jewellery output! Also home to a wide range of independent businesses and classed as a conservation area (which means only low rise developments are allowed), you’ll find plenty of apartments, townhouses and penthouses here to suit a range of tastes. If you like the idea of living in a trendy area with plenty of trendy bars and restaurants, the Jewellery Quarter is for you!
If you want to make the most of public transport to enjoy the best of Birmingham City Centre then the Jewellery Quarter should tick all of your boxes. Located just a 10 minute walk to the city’s central train stations (New Street and Snow Hill), it also has its own Jewellery Quarter station too. Plus the Metro stop at St Pauls will take you across the city too, and this area also benefits from being located close to the M6 and M5 motorways.
In the Jewellery Quarter you’ll have access to some great schools across the B16 or B18 postcodes. These include: St John's and St Peter's C of E Academy, Barford Primary School and the Jewellery Quarter Academy.
If you love fine dining and enjoying a range of up-market bars, then let us reveal some of the Jewellery Quarter’s hottest establishments. 40 St Pauls recently won the award for being The World’s Best Gin Bar (make ours a double), Ana Rocha is an authentic tapas bar and art gallery that is run by Spanish owner Edgar, The Whisky Club is Birmingham’s only bar dedicated to whisky (although other drinks are available), The Wolf is known for its craft beer and Lord Clifden has one of the city’s top beer gardens.
If you fancy getting out for some fresh air locally, St Paul’s Square provides the perfect spot for sitting and watching the world go by, the city’s canal network is also within close proximity and you’re also only a 15 minute walk to Edgbaston Reservoir. If you love walking, wildlife spotting or making the most of the water, this is the place for you!
Love live music? Then head to the Jam House. Is darts your thing? Then you need to go to the 180 Club. Plus don’t forget about The Museum of the Jewellery Quarter, the Banksy mural or Indian restaurant Opheem on Summer Row – one of the area’s best restaurants with a Michelin Star (and the Karahi Pakistan comes highly recommended by us too!)