Explanation of our tenancy application feesWe would like to clarity our fees that will become payable when you apply to rent a property we are marketing. We believe you should understand these before you make any decision about a property.
We set out below how our fees are calculated. These will usually cover Referencing, and Tenancy Agreement administration. These will be paid in addition to any Rent and Deposit that is due under a Tenancy Agreement.
Tenant DepositA deposit equivalent to one month’s rent and one month’s rent in advance 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||£ Inc. VAT||Explanation|
|Referencing||£100.00/ Person||This is charged for each tenant applying for the tenancy.|
|Student/Housing Benefit||£200.00/Person||This is charged for each tenant applying for the tenancy.|
|Reference Letter||£50.00||One off charge|
|Guarantor Referencing||£175.00/ Guarantor||Only if a Guarantor is required and charged for each guarantor that is referenced.|
|Company Referencing||£175.00||Company or Business reference fee|
|Tenancy Agreement||£195.00||One off charge for the Tenancy Agreement preparation.|
|Renewal/Extension agreements||£50.00||One off charge for each renewal/extension.|