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Although the process of renting a property may differ slightly from agent to agent, the costs involved largely remain the same. Below you can find an overview of the costs you need to be aware of before and during your tenancy, as well as a complete guide to the services we offer tenants to help them find their dream home.
Some properties may be offered to registered applicants before being widely advertised. To find out about everything we have to let and to find out about properties that are being discreetly marketed, you need to register with us, whereby we can start searching for a property on your behalf. We will discuss your specific requirements and adopt a personalised approach to every search. All our viewings our accompanied and our team will be on hand to answer any questions you may have.
Most of our landlords opt for a fully managed tenancy, which means we will be your single point of contact throughout the tenancy. Our local, office-based property managers are always available to ensure we support landlords in meeting their legal responsibilities , so you can feel safe and confident in the property you have chosen to rent.
It also means that if you discover a fault or need any maintenance on the property you can contact one of our professional, ARLA trained staff. And for your peace of mind, we are members of the appropriate professional bodies and redress schemes.
When renting a Property through Curchods, there are two different types of Tenancy Agreements which can be created;
An APT (replacing Assured Shorthold Tenancies from 1st May 2026 in line with the Renters Rights Act 2025) is the most common type of tenancy if you rent from a private landlord or letting agent.
You usually have an APT if:
For more information on the Renters Rights Act, click here
A tenancy would be created as a Common Law Tenancy if the rent is over £100,000 a year, or where it is not the tenant’s main home.
Company tenancies are also a Common Law Tenancy.
A company let is when a company takes on a residential tenancy agreement as the tenant, rather than an individual. The tenancy will be in the company name. The company employee will live in the property as a named occupant.
The Start Of The Tenancy – Holding Deposit
One week’s rent. This is to reserve a Property and is due upon acceptance of your offer. The balance of this deposit can be deducted from the first payment due at the commencement of your Tenancy with your prior consent
In accordance with the Tenant Fees Act 2019, upon receipt of the Holding Deposit the Landlord will have 14 days to enter into a Tenancy Agreement with you, this is before the “Deadline for Agreement” date which is the 15th day after the Holding Deposit was received. The deadline for agreement can be extended beyond this with your written agreement.
However the Landlord or their Agent reserves the right to retain the Holding Deposit should any of the following apply;
The Landlord or Agent will return your Holding Deposit within 7 days should any of the following apply;
First Month’s Rent
Payable in advance at the commencement of the tenancy.
Security Deposit
5 week’s rent should the rent be below £50,000 per annum or 6 week’s rent if the total annual rent exceeds £50,000 per annum. Payable in advance of the Tenancy start date.
Curchods are members of the TDS (Tenancy Deposit Scheme). Full details of this scheme along with further information on the protection of your money, the end of your tenancy and where to seek redress can be found on the TDS website: TDS Website
During The Tenancy
Monthly rent payments for the property to be paid by direct debit or standing order. In addition you will also remain liable for the following;
Should any of the above costs be included in the rent then this will be reflected in your Tenancy Agreement.
At The End Of The Tenancy
You will be required to leave the property in the same condition as when you moved in subject to fair wear and tear.
The Start Of The Tenancy – Holding Deposit
One week’s rent. This is to reserve a Property and is due upon acceptance of your offer. The balance of this deposit can be deducted from the first rent due at the commencement of your Tenancy with your prior consent.
However the Landlord or their Agent reserves the right to retain the Holding Deposit should any of the following apply;
The Landlord or Agent will return your Holding Deposit should the landlord chooses to withdraw from the proposed agreement
First Month’s Rent
Payable in advance of the Tenancy start date unless further advance payments have been agreed (ie quarterly, bi-annually, annually etc.)
Security Deposit
Typically 6 to 8 weeks rent to be paid prior to the tenancy commencement subject to agreement.
During The Tenancy
Rent payments for the property to be paid by direct debit or standing order. In addition you will also remain liable for the following;
Should any of the above costs be included in the rent then this will be reflected in your Tenancy Agreement.
At The End Of The Tenancy
You will be required to leave the property in the same condition as when you moved in subject to fair wear and tear.
Late Payment Of Rent
Where the rent is overdue, the Agent/Landlord reserves the right to charge interest at no more than an annual percentage rate of 3% above the Bank of England’s base rate for each day that the payment is outstanding. The interest can be backdated to the first missed rent payment if the account is not settled.
Loss / Replacement Of Keys / Security Devices
Should any key or security device need to be replaced during or at the end of the Tenancy, the Tenant is responsible for all reasonable costs incurred by the Agent/Landlord for a replacement key/security device.
Changes To The Tenancy Agreement
If you require an alteration to the contract after creation and your landlord agrees to the alteration, you will be charged £41.67 + VAT (£50 inclusive of VAT).
Change Of Sharer (Tenant’s Request)
If you wish to change a Tenant on the Tenancy Agreement and the Landlord agrees to this, subject to referencing, you will be charged £41.67 + VAT (£50 inclusive of VAT).
Early Termination (Ending A Tenancy Early)
Should the Tenant wish to leave their contract early, the tenant will be liable for the landlord’s reasonable costs of re-letting and any rent due until a replacement tenancy begins. These costs will not exceed the loss suffered by the landlord.
Stamp Duty Land Tax
Tax is payable on tenancies where the rent exceeds £125,000 per annum. For further information please make contact directly with Her Majesty’s Revenue and Customs (HMRC).
Administration Fees(Non-Housing Act Tenancies Only)
The following apply only to tenancies not governed by the Housing Act 1988 (e.g. company lets or high-value tenancies):
A full Summary of Tenant Fees can be downloaded here. Should you have any questions about the rental process, please feel free to contact your local branch.
Curchods are part of the Propertymark Client Money Protection (CMP) Scheme, which reimburses landlords, tenants and other clients should an agent misappropriate their rent, deposit or other client funds. You can see our membership certificate here.
We are also members of the The Property Ombudsman
For further useful information, please click here for the How to Rent Guide.