5 bed semi-detached house to rent

Bulwer Road, Barnet EN5

Tenancy Information – Novus Residential

Vat is charged at 20% where applicable unless otherwise stated.

AST Tenancies:
Holding deposit* per tenancy – equal to one weeks rent
Initial rent (less holding deposit** above) – as per tenancy agreement

*Please ask to see the Novus Residential Tenancy Guide as to the grounds under which we may retain the holding deposit should the tenancy not proceed.

**The holding deposit will be offset against the initial rental payment if the application is successful.

Tenancy deposit:
For AST’s with annual rent under £50,000 – equivalent of 5 weeks rent
For AST’s with annual rent above £50,000 – equivalent of 6 weeks rent
This covers damages or defaults on the part of the tenant during the tenancy

Change or amendment to terms during the tenancy, requested by tenant - £50 (inc vat) or reasonable costs per agreed variation, to cover the costs associated with taking the Landlords instruction, as well as the preparation and execution of new legal documents.

Change of sharer during the tenancy - £50 (inc vat) per replacement tenant or any reasonable costs incurred if higher, to cover the costs associated with taking the Landlords instruction, new tenant referencing and right to rent checks, deposit registration as well as the preparation and execution of new legal documents. (This is subject to the Landlord agreeing and treating as a new letting).

Late Rental Payments
Arrears charged at 3% above Bank of England Base Rate. Please note this won’t be levied until the rent is more than 14 days in arrears but is charged from the 1st day of the arrears period.

Early Termination (Tenants Request)
Should the tenant wish to leave their contract early, they shall be liable for the Landlords 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.

Lost Key(s) or other Security Device(s)
Tenants are liable for 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 cost of a locksmith, new lock and replacement keys for the tenant, landlord and 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).

Non-Ast Tenancies
Holding Deposit* per tenancy equal to one weeks rent
Referencing charge:
Per individual applicant (including right to rent check) and/or guarantor £60
Per company applicant and or guarantor £66
Preparation of tenancy agreement per tenancy £300
Inventory check in per tenancy £130
Initial rent (less holding deposit**above) as per tenancy agreement
Tenancy deposit – as agreed between parties
Re-checking Right To Rent id Verification:
To be carried out when necessary during an initial, renewal, or periodic tenancy, per tenant or adult occupant £6
Addendum:
Change or amendment to terms during tenancy, requested by tenant £120
Change of sharer during tenancy:
Referencing charge per individual applicant and / or guarantor £60
Preparation of tenancy agreement per tenancy £300
Inventory check (if required by the Landlord per tenancy) £130-£150
Tenancy deposit protection administration per tenancy £60
Late rental payments
Arrears charged at 3% above Bank of England Base Rate. Please note this won’t be levied until the rent is more than 14 days in arrears but is charged from the 1st day of the arrears period

*Please ask to see the Novus Residential Tenancy Guide as to the grounds under which we may retain the holding deposit should the tenancy not proceed.

**The holding deposit will be offset against the initial rental payment if the application is successful.

Visit out website at for further details of the above charges and of any penalties you may incur should you break the terms of your contract.

Novus Residential protects client monies through Client Money Protection (cmp) and are members of the Property Redress Scheme.