Having chosen a property to rent you will be required to pay a holding deposit (equivalent to 1 week of the monthly rent), complete an application and provide 2 original forms of identification (one should be your current Passport or Immigration document for non EEA or Swiss nationals).
References will be sought from your employer and landlord and your credit file will be searched by a licenced credit referencing agency.
Upon receipt of satisfactory references you will be asked to sign an Assured Periodic Tenancy Agreement and you will be advised how much deposit and rent is due, along with details of how and when it should be paid.
The deposit is the equivalent to 5 weeks of the monthly rent. The purpose of the deposit is to cover damage to the property over and above normal wear and tear and/or any rent arrears or costs incurred as a result of a breach of the contract.
The 2004 Housing Act prevents landlords from holding their own deposits. As Inter-let is a member of the Tenancy Deposit Scheme, all deposits relating to Assured Periodic Tenancies will be held under the rules of the TDS. Deposits relating to tenancies which are not Assured Periodic Tenancies are not part of the scheme but will be dealt with along the principles of the scheme.
At the end of the tenancy we will check the property carefully. We are required to agree deductions between Landlord and Tenant and will do everything we can to reach agreement. If agreement cannot be reached the matter will be referred to the TDS for arbitration. Both landlord and tenant must accept the decision of the Independent Case Examiner.
The rent payable for the tenancy must not be more than the advertised amount. The rent period must either be one calendar month or a shorter period of up to 28 days. A tenant will be able to end a tenancy by giving two months’ notice in writing. The end date of the tenancy must align with the end of a rent period.
Rent is payable following signing of the tenancy agreement and in accordance with the agreed tenancy terms. For tenancies entered into on or after 1 May 2026, no more than one month’s rent may be requested in advance.
Holding Deposit: One week’s rent- to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor) withdraws from the tenancy, fails a Right-to-Rent check, provides materially significant false or misleading information, or fails 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 (Rent under £50,000 per year): Five weeks’ rent - to cover damages or defaults on the part of the tenant during the tenancy.
Security Deposit (Rent of £50,000 or over per year): Six weeks’ rent - to cover damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent: Interest may be charged on unpaid rent if it remains outstanding for more than 14 days. Interest will be charged at a maximum of 3% above the Bank of England Base Rate from the date the rent became due until payment is made.
Lost Key(s) or other Security Device(s): Tenants are liable for the actual cost of replacing any lost keys or security devices. If the loss results in locks needing to be changed, or replacement security devices being issued, the tenant will be charged the reasonable cost of a locksmith or security engineer, new lock and replacement keys/devices for all relevant parties.
Variation of Contract (Tenant’s Request): £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 (Tenant’s Request): £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
Early Termination (Tenant’s Request): If the tenant wishes to end the tenancy early (including where less than the required notice period is given), they will be liable for the landlord’s reasonable costs. Under an Assured Periodic Tenancy, then the landlord can charge a fee if their tenant does not give the correct amount of notice. The usual amount of notice is two months. The landlord can charge up to the amount of rent they would have received if the tenant had given the correct amount of notice.
From the 1st of April 2016 Inter-let Property Management will be the trading name of Inter-let (Cambridge) LLP registered in England under Partnership No: OC403464; Registered Office: 9 Percheron Close, Impington, Cambridge, CB24 9YX
Inter-let is a member of the Propertymark Client Money Protection scheme http://www.propertymark.co.uk/professional-standards/rules.html#obligations.
To view either of the CMP certificates click on the links at the bottom of this page in the ABOUT US section
Independent redress is provided by The Property Ombudsman scheme.
The Association of Residential Letting Agents, ARLA, is the only professional body that is solely concerned with the self-regulation of letting agents and for nearly 25 years has been actively promoting the highest standards across every aspect of residential lettings and management in the Private Rented Sector.
ARLA is viewed by government, consumer groups, academia, think tanks and the media as the leading voice in the industry. ARLA member firms are seen as being at the forefront of the Private Rented Sector, ready, willing and able to comply with existing and anticipated government legislation.
