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Tenant Fees

BEFORE YOU MOVE IN

Set Up Fee (tenants share): £260 inc VAT for up to two tenants. Referencing up to two tenants (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: £50 inc VAT. per tenant processing the application, associated paperwork and referencing.

Guarantor Fee: £100 inc VAT per guarantor (if required) covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement.

Permitted Occupier Fee: £50 inc VAT per permitted occupier (over the age of 18). Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance during the tenancy.

Pet Deposit: returnable additional security deposit of 2 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.

DURING THE TENANCY

Amendment Fee: £120 inc VAT. Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.

Renewal Fee (tenants share): £120 inc VAT. Contract negotiations, amending and updating terms and arranging a further tenancy and agreement.

ENDING YOUR TENANCY

Check out fee (tenants share): Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit(s). This cost is dependent on the size of the property you are renting; a predicted cost is available upon request.

Future Landlord Reference Fee: £30 inc VAT. Collating information and preparing a reference for a further landlord or letting agent.

Unpaid rent / returned payments: Interest at 6% above Bank of England Base Rate from date due.

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