When you’ve been letting your property for more than 6 months, an additional letting interest rate of 1% (variable) will be charged on all accounts (exclusions apply). We’ll let you know your new monthly payment about 2 weeks before it’s due.
If you’ve cancelled a lettings agreement with us in the last 6 months, we’ll treat this application as an extension of your previous arrangement, unless you can provide us with proof that you’ve lived in the property. This means you’ll pay the additional lettings rate for the month(s) between your old agreement ending and the new agreement starting.
We’ll give you reasonable notice of any change to the additional letting interest rate and let you know about any changes by changing our Tariff of Charges.