explanation of our tenancy application fees
We are members of The Property Ombudsman redress scheme
We are covered by the ARLA Client Money Protection Scheme
We would like to provide clarity of the fees that will become payable should you apply for a tenancy on a property we are marketing as being available to rent. We believe you should understand these before you make any decision about a property or before you decide to view a property.
We set out below what work is involved and how our fees are calculated once your offer has been accepted by your prospective landlord. These fees will be paid in addition to any rent and Deposit that is due under a Tenancy Agreement. Acceptance of any offer will be subject to contract, referencing and Immigration checks.
These will usually cover:
Referencing and Right to Rent Checks, Tenancy Agreement Administration and Inventory Checks.
A deposit equivalent to one month’s rent plus £100 will be required to be paid at the start of the tenancy. This is subject to referencing, a landlord may require a higher deposit if the referencing criteria is not met, further details will be provided at that time.
|Fee||Cost (inc. VAT)||Explanation|
|Tenant Referencing||£120.00/person||This is charged for each tenant applying for the tenancy.|
|Guarantor Referencing||£120.00/guarantor||Only if a Guarantor is required and charged for each Guarantor that is referenced.|
|Negotiating and agreeing Tenancy Agreement (Tenant share)||£210.00||One off charge for the Tenancy Agreement preparation.|
|Negotiating and Agreeing a renewal/extension to your tenancy (Tenant Share)||£114.00||One off charge for each renewal/extension.|
|Company Referencing||£300.00||Company or Business reference fee|
|Unfurnished Inventory Check (Tenants Share)||£120.00||One off charge per tenancy.|
|Furnished Inventory Check (Tenants Share)||£144.00||One off charge per tenancy.|