Tenant Support
Tenant fees
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Administration Fee
SunnyBay will charge you an administration fee of £375.00 and £30.00 for a reference check. This fee covers the cost of preparing the tenancy agreement, checking references and any other costs associated with the setting up of the tenancy.
A fee of £180.00 will be charged if there is a change of tenant on the tenancy agreement. A fee of £180.00 will be charged if the tenancy is renewed.
If the property is rented out as separate rooms, there will be an administration fee of £180.00 for each tenant, and £30.00 for the reference check.
Holding Deposit
A holding deposit is required to be paid after your offer has been accepted by the Landlord. This is a percentage of the rent (usually half a month's rent). This holding deposit secures your intention to move into the property.
The holding deposit is non-refundable. Please take this into consideration when making an offer for the tenancy agreement.
There may be circumstances when you are not able to move into the property for reasons beyond your control, for example, your reference was not satisfactory, the landlord has increased the rent or the landlord chooses not to go ahead with the tenancy. In these circumstances, your holding deposit will be returned in full.
Security Deposit
This is charged as security against damage to the property or getting into rent arrears. It should be returned to you at the end of your tenancy if you have not breached your tenancy agreement.
SunnyBay requires six weeks' rent as a security deposit and it will be held in one of three government-approved deposit protection schemes.
As of 6 April 2007, a Security Deposit for an assured shorthold tenancy must be held in one of the three government-approved schemes. SunnyBay will provide you with the details of the scheme and the payment confirmation on receipt of your Security Deposit.
You should agree with the agent what condition the property is in when you start renting it, including a list of the furniture and fittings (known as the inventory). This should help stop any disagreements at the end of the tenancy.
SunnyBay organises an inventory to be taken before you take possession of the property and again on leaving the property. The inventory provides a description of the condition of the property including fittings and any furniture. You are to review the inventory carefully and agree to the condition of the property as this document is used to determine whether your security deposit is returned in full.
