ASSURED SHORTHOLD TENANCIES: As well as paying the rent, you may also be required to make the following permitted payments; Permitted Payments Before the tenancy starts (payable to W J Meade ‘the Agent’) Holding Deposit: 1 weeks' rent Deposit: 5 weeks' rent (if under 50,000 a year) 6 weeks' rent (if over 50,000 a year) During the tenancy (payable to the Agent) Late Payment of Rent; 3% on top of the Bank of England's interest rate (per day) . Loss of Keys/Security Devices; 50 Early Termination/ Surrender; payment of 50 and any unpaid rent . Change of Sharer (per person); 50 Variation or Novation of Contract; 50 If higher costs have been incurred due to your request or default, you will be given a full breakdown of the payment due. COMMON LAW AGREEMENTS: 500.00 per agreement All fees shown are inclusive of 20% of VAT Membership Client Money Protection - W J Meade is a member of UKALA Total Loss CMP (membership 173663) Redress Scheme - W J Meade is a member of The Property Ombudsman and The Property Redress Scheme Trade Body Associations - W J Meade is a member of UKALA (UK Association of Letting Agents), who are in association with the National Landlords Association. Our membership number is 173663. Deposit Protection Scheme - If instructed to hold the dilapidations deposit, W J Meade use the 'Deposit Protection Service' custodial scheme.