Source Rental Property

Is there a penalty for breaking the lease early in London?

In general, breaking a lease early in London can result in penalties or fees. Landlords and property management companies typically include clauses in lease agreements that outline the consequences for breaking the lease before the agreed-upon end date. The specific penalties for breaking a lease early can vary depending on the terms of the lease agreement. Some lease agreements may require the tenant...

What is the lease term for apartments in London?

The lease term for an apartment in London can vary depending on the landlord or property management company. Typically, a lease term is for a minimum of six months, but it can also be for longer periods of time such as 12 months or even 24 months. It's important to carefully review the lease agreement before signing it to ensure you understand the terms and conditions. Some landlords may offer a...

What is the security deposit required to rent the apartment?

The security deposit required to rent an apartment in London can vary depending on a number of factors such as the location, type of apartment, and the landlord's policies. In general, however, it is common for landlords to ask for a security deposit equivalent to one or two months' rent. The security deposit is intended to cover any damages that may occur during the tenancy, and it is refundable at...

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