Fees

BEFORE YOU MOVE IN:

Reservation Fee:

£250.00 Inc VAT

• For three or more tenants the reservation fee increases by £50 per applicant
• Reference check failure or withdrawal from the tenancy will result in non return of reservation fee
• Reservation fee is deducted if the tenancy proceeds.

Reference Fee:	£66.00 including VAT per applicant
Guarantor Fee:	£66.00 including VAT per guarantor

• Credit referencing and preparation of Deed of Guarantee as part of the tenancy agreement.

Check-In Fee:

£ POA including VAT (dependant on size of property)

• Preparation of inventory and Schedule of Condition of the property and meter readings for utilities and services.

Tenancy Agreement Fee:

£96.00 including VAT

Permitted Occupier Fee:

£66.00 including VAT

• Explaining to any permitted occupier their rights and responsibilities towards the named tenant and landlord.

Deposit:

Six weeks rental

• (example based on a rent of £1,000. £1000 x 12 = £12,000, divided by 52 = £230.77 x 6 = £1,384)

Pet Deposit:

Returnable Security Deposit of two weeks in addition to above fee

• To cover added risk of property damage, protected with security deposit by Government-authorised scheme and returned at the end of the tenancy subject to the inventory check out/landlord check out. We would also require the property to be professionally fumigated prior to vacation and proof provided by way of a receipt showing Company name and address.

DURING YOUR TENANCY:

Amendment Fee:

£72.00 including VAT

• Contract negotiation, amending terms and updating your tenancy agreement during the tenancy.

Renewal Fee (tenant's share):

£72.00 including VAT

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

ENDING YOUR TENANCY:

Checkout Fee (tenant's share):

£ POA including VAT (dependant on size of property)

• Agree your check out date and time with inventory agent/landlord
• Inventory agent/landlord to attend the property to undertake an updated Schedule of Condition based on the original inventory
• Agree repayment of the security deposit (for fully managed properties)
• Return deposit as agreed with landlord and tenant.

Repayment of overpaid rental:	£30.00 including VAT (if standing order is not cancelled by tenant)
Failure to amend standing order following rent increase:	£12.00 including VAT
Unpaid Rent:

• The landlord reserves the right to charge interest, calculated from day to day, at 3% above the Bank of England base rate on late payments
• The landlord may recover the interest as though it were rent.

Professional Cleaning:

£ POA including VAT per hour, deductable from the Security Deposit)

• Chargeable only where necessary to return the property to the same condition as at tenancy commencement.

Please remember we are here to help. If you have any questions about our fees, please ask a member of staff.

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