Set Up Fee (tenant’s share): £240 (inc VAT) per tenant
Referencing (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
Additional Tenant Fee: £240(inc VAT) per tenant
Processing the application, associated paperwork and referencing.
Guarantor Fee: £60(inc VAT) per guarantor (if required)
Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement.
Permitted Occupier Fee: £240 (inc VAT) per permitted occupier
Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy.
Pet Deposit: security deposit of 8 weeks rent
To cover the added risk of property damage. This will be protected with your security deposit in a Government-authorised scheme and may be returned at the end of the tenancy.
Renewal Fee (tenant’s share): £120 (inc VAT)
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement.
ENDING YOUR TENANCY:
Check out Fee (tenant’s share): £100-150 (inc VAT)
Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit(s).
OTHER FEES AND CHARGES
Unpaid Rent / Returned Payments
Interest at 8% above Bank of England Base Rate from date due.
Professional Cleaning (if required): £360(in VAT) per hour – deducted from the security deposit
Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy.
In order to place an offer on a lettings instruction a reservation fee, equivalent to two weeks rent is required to withdraw the property from the market whilst references are obtained and paperwork compiled to commence the tenancy. This fee is non-refundable in the circumstance of the tenant deciding to withdraw from the tenancy prior to moving in, so as to cover the administration involved.
We are members of the redress scheme ‘’The Property Ombudsman’’ and follow their code of Practice.
Our procedures and client bank accounts are insured with ‘’Propertymark Client Money Protection’’.