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Tenants Fees


Tenant fees 

BEFORE YOU MOVE IN: 

Application fee 

£300.00 inc VAT for 1st tenant 

Referencing first tenant) identity, financial credit checks, obtaining references from current or previous employers/landlords or 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 

£100.00 inc VAT per tenant 

Processing the application, associated paperwork and referencing as above. 

Guarantor Fee 

£75.00 inc VAT if required

Covering credit referencing and preparing Deed of Guarantee as part of the Tenancy Agreement. 

A security deposit equivalent to one and a half month’s rent is payable on the tenancy start date.

Pet contract 

£75.00 inc VAT 

To prepare and additional addendum to the tenancy agreement outlining any added responsibility to the tenant due to having a pet at the property. 

Pet deposit 

Additional half a month’s returnable Security Deposit (Two month’s total)

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. 

Change of move in date 

£30.00 inc VAT

To amend the contracts should you change the start date of the tenancy once contracts have been drawn up.

DURING YOUR TENANCY:

Renewal fee (tenant’s share)

£75.00 inc VAT 

Contract negotiation, amending and updating terms and arranging a further tenancy and agreement. 

Amendment fee 

£30.00 inc VAT 

Amending terms and updating your tenancy agreement during your tenancy. 

ENDING YOUR TENANCY: 

Check out fee

£75.00 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). 

Lost property folder

£30.00 inc VAT 

If the folder is not returned at the end of the tenancy and noted on the checkout. 

OTHER FEES AND CHARGES:

Unpaid / Late rent

£30.00 inc VAT plus interest at 4% above Bank of England Base Rate from date due for late rent. 

Returned payments 

£25.00 inc VAT 

For any payment presented to the Landlord’s Agent’s bank but returned, refused or re-presented by the bank for any reason. This fee will be payable for each presentation which fails. 

IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF.