Tenants Fees & Terms

Tenant fees

No admin fees. Just the payments the law allows, set out clearly.

At a glance

What you may pay

Under the Tenant Fees Act 2019 and the Renters’ Rights Act, these are the only payments we or your landlord can ask for.

PaymentAmountWhen
Holding depositUp to one week’s rentTo reserve a property
RentNo more than one month’s rent in advanceBefore you move in, then as agreed
Security depositUp to five weeks’ rent, or six weeks’ if the annual rent is £50,000 or moreBefore you move in
Late rentInterest at 3% above the Bank of England base rateOnly if rent is more than 14 days late
Lost keys or security devicesThe reasonable cost of replacement, from £15Only if needed
Change of sharer£50 including VATOnly if you ask
Leaving earlyThe landlord’s reasonable costs or lost rentOnly if you ask and your landlord agrees
BillsAs billed by the supplierIf they’re your responsibility

Amounts include VAT where it applies.

In more detail

Each payment explained

Holding deposit

Up to one week’s rent

Reserves the property while we carry out checks, and is normally put towards your first month’s rent. You may lose it if you:

  • decide not to go ahead
  • fail a Right to Rent check
  • give false or misleading information
  • don’t take reasonable steps to sign by the agreed deadline, normally 15 days
Security deposit

Up to five weeks’ rent

Or up to six weeks’ rent if the annual rent is £50,000 or more. It’s protected with the Deposit Protection Service within 30 days of you paying it.

At the end of your tenancy it can cover unpaid rent or damage beyond fair wear and tear, checked against the inventory.

Rent in advance

No more than one month

Since 1 May 2026, you can’t be asked to pay more than one month’s rent upfront. After that, rent is paid as set out in your tenancy agreement.

Late rent

Interest after 14 days

If rent is more than 14 days late, interest may be charged at 3% above the Bank of England base rate, from the date it was due until it’s paid.

Lost keys

Reasonable replacement costs

If you lose keys or security devices, you’ll pay the reasonable cost of replacing them, from £15. If locks need changing, this can include the locksmith, new locks and keys for everyone affected. We’ll show you the costs.

Change of sharer

£50 including VAT

If you ask to add or replace a tenant on your tenancy, a fee of £50 covers updating the agreement and referencing the new tenant.

Leaving early

Only by agreement

You can end your tenancy by giving the notice set out in your agreement. If you ask to leave sooner and your landlord agrees, you may need to cover their reasonable costs or lost rent, never more than you’d have paid otherwise.

Bills

If they’re your responsibility

Council tax, gas, electricity, water, broadband and a TV licence, paid directly to the suppliers unless your tenancy says otherwise.

No hidden extras

What we never charge for

The law bans letting fees for tenants, and we stick to it. If you’re ever asked for a payment that isn’t on this page, please let us know.

Always free for tenants

  • Viewings
  • Referencing and credit checks
  • Setting up your tenancy and preparing the agreement
  • Inventory and check-in
  • Check-out
  • Renewals and rent reviews
  • Admin fees of any kind

Your protection

Memberships and protection

Deposits

Deposit Protection Service

Every tenancy deposit we take is protected with the DPS, a government-approved scheme, so you’ll get it back fairly at the end of your tenancy.

Your money

Client Money Protect

We’re members of Client Money Protect, so money we hold on your behalf, such as rent and deposits, is protected.

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Complaints

Property Redress Scheme

If you’re unhappy with our service and we can’t resolve it through our complaints procedure, you can refer it to the Property Redress Scheme.

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Renting with Apex

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Read our step-by-step guide to renting, browse what’s available, or register to hear about new homes first.

Questions about fees?

Talk to our lettings team

If anything on this page isn’t clear, get in touch and we’ll explain exactly what you’ll pay before you commit.

01753 336 444 info@apexrealestate.co.uk 268 Bath Road, Slough, SL1 4DX