Tenant Fees

The following tenant fees apply

All fees shown are inclusive of VAT at the prevailing rate.

 

Application Fee

£240 for one tenant
£360 for two tenants

 

Reference Fee

Only if there are 3 or more applicants, charged at £60 for the third and subsequent applicants.

 

Guarantor Fee

If a guarantor is required, £60 per guarantor.

 

Holding Deposit

Once paid, the administration and reference fees will hold the property for a period of 10 days within which you are required to send all the necessary paperwork back to us. After this time, if the paperwork and references have not come back satisfactory, then the landlord is with their rights to put the property back on the market, and to look for new tenants. In this scenario, any fees you have paid will not refunded.

 

Refund of above fees

Should your application not be successful, the above fees will not be refunded.If you are part of a group, each individual member of the group must pass the references. If one or more does not pass & the application fails, then none of the fees will be refunded to any tenant.Should the landlord withdraw from the let, all monies will be refunded. The refund will be made by bank transfer, regardless of how the payments were made.

 

Inventory cost

To avoid disputes between the landlord & tenant, an inventory will be prepared at the start of the tenancy & there will be a Check In, the landlord will pay for these.At the end of the tenancy there will be a Check Out that the tenants will pay for. The cost of this is £102 including VAT and is paid at the start of your tenancy.

 

Deposit

Our Landlords require a deposit equivalent to one and a half month’s rent. This deposit is held until the end of the term and refunded subject to any dilapidation’s.