Northumberland Way, Walsall
Monthly Rental Of £950

iLove homes® are offering for rent this immaculately presented terraced house located on a modern built residential estate in Walsall. The property is situated in Walsall & benefits from a variety of amenities in Walsall town centre including: Bars, restaurants and shopping facilities, with attractions such as The Walsall Arboretum, Tate Gallery Walsall and The leather Museum. Commuter benefits include the nearby A461 to Brownhills and Lichfield plus the A34, M5 & M6 roads linking the Midlands motorway network with both local & national bus & train routes available from Walsall town centre.

The accommodation briefly comprises; hallway, open-plan lounge and kitchen, guest cloakroom, two bedrooms and a family bathroom. Further benefits include gas central heating, double glazing, front and rear gardens and multi-vehicle allocated to the rear. For viewings, contact iLove homes in the first instance.

HALL With built-in cupboard, tiled floor and doors off to; 

GUEST CLOAKROOM Having low flush w.c, pedestal wash hand basin, tiled splashback, tiled floor, central heating radiator and frosted double glazed window to the front. 

OPEN PLAN LOUNGE/KITCHEN 17' 11" max x 12' 11" max (5.46m x 3.94m) With a range of eye and base level units with worksurface over incorporating single drainer sink unit, part tiled floor, stairs rising to first floor, central heating radiator and double glazed french doors to the rear. 

FIRST FLOOR LANDING With central heating radiator, loft access and doors off to; 

BEDROOM ONE 13' 1" x 7' 10" (3.99m x 2.39m) With central heating radiator and double glazed window to the rear. 

BEDROOM TWO 13' 2" max 9' 8" min x 7' 8" 4' 1" min(4.01m x 2.34m) With central heating radiator and two double glazed windows to the front. 

BATHROOM Having a suite comprising bath, pedestal wash hand basin, low flush w.c, part tiled walls and central heating radiator. 

REAR GARDEN Having a garden to the rear with pedestrian gate to rear leading to parking area with two allocated parking spaces. 

COUNCIL TAX BAND - B


Holding Deposits
Holding deposits will be limited to a maximum of 1 week's rent and subject to statutory legislation on the repayment of this should the tenancy not go ahead. Briefly, this is proposed to be:
1. The landlord has 15 days to make a decision once a holding deposit is taken.
2. If the tenancy does not go ahead then the money must be repaid in full within 7 days of the deadline being reached or the landlord backing out.
3. Repayment does not need to be in full if the tenant backs out of the tenancy agreement themselves, fails right to rent checks, has provided false or misleading information, or where the landlord tries their best to get the information needed but the tenant fails to provide it within the 15 days.
4. If the tenancy does go ahead, the holding deposit must be returned within 7 days of agreement, unless it is converted into part payment of the actual deposit or used towards the initial rent payment.

Deposits
Deposits will be limited to 5 weeks rent as a maximum amount for tenancies where the annual rent is below £50,000.Landlords should bear in mind that deposits are considered to be taken at the start of every new tenancy. As such, if they renew the tenancy on or after June 1st 2019 then they should make sure that their deposit is not more than 5 weeks rent (6 where the annual rent is £50,000 or more). If it is, then any amount above the limit should be returned.

Breaches of the tenancy agreement (damages)
Where the tenant has breached their tenancy agreement and caused damage as a result, then landlords may still seek compensation via deductions from the deposit or court action. They should also be able to leave clauses in their contract stating that the landlord may seek their costs for damages.

Breaches of the tenancy agreement (default payments)
Landlords are allowed to charge for two types of default payments - loss of keys and late payment of rent. Both are subject to restrictions.
For the loss of keys, landlords are allowed to charge the reasonable cost that they can evidence in writing. Anything landlords cannot evidence in writing with receipts will likely be considered a prohibited payment.
For late payment of rent, landlords and agents may only charge 3% above the Bank of England base rate in interest on the late payment of rent from the date the payment is missed. At the time of writing this would be 3.75% interest. They may not charge for sending reminder letters.
How to calculate interest on the rent
The calculation is (rent amount in arrears) x 0.0375 / 365 x (the amount of days since the arrears began).

Changes to the tenancy
While most costs related to assignment or surrender of a tenancy are prohibited, landlords and agents are still allowed to charge certain small sums to tenants if the tenant requests a change in tenant or an early surrender.
Where the tenants have requested a change in the tenancy (such as swapping tenants), the landlord may charge a fee of £50 for the change or the costs incurred. Landlords and agents will be able to charge the equivalent of the rent lost due to the unforeseen void period. As the void period may not be clear at the point of charging many landlords and agents will likely start to regularly refuse tenants looking to surrender early as a result.