Tenant Fees (including V.A.T):
Application Fee
This is non-refundable and payable by each prospective tenant 18 years and over @ £100.00 Per Person. This must be paid at the time of submitting completed application forms and will reserve the property for a maximum of ten days whilst your application is processed. It is the applicants responsibility to chase the return of references, if replies to requests have not been received by day ten the property will be placed back on the open market.
Administration Fee
An administration fee of £175.00 will be payable on the day of signing contracts, this must be paid in cleared funds, e.g cash or bank transfer (funds must be showing as cleared in out account before keys can be released).
Rent
One months rent will be due on the day of signing contracts. This must be paid in cleared funds, cash or bank transfer as above.
In some cases six months rent in advance may be required depending on individual circumstances.
Bond/Deposit
Payable on the day you sign your tenancy agreement, paid in cleared funds as above.
All deposits are held by The Deposit Protection Service.
In the case of multiple tenants, one person must act as lead tenant, please discuss this further with an agent should you require further guidance.
Guarantor
Non-refundable application fee of £100.00.
To qualify as a guarantor you must be a UK property owner and financially capable of fulfilling your commitment as guarantor. The guarantor is responsible for any losses suffered as a result of the tenant failing to fulfill any of their obligations under the terms of the tenancy agreement. The guarantor will be required to accompany the tenant(s) on the day they sign their tenancy agreement in order to sign the agreement and a guarantor deed.
Express Move 1
Move in within 3 working days of submitting application - £100.00
Express Move 2
Move in within 3 working days of submitting application - £50.00
Check-In Inventory
Prior to moving in a full written and photographic inventory will be carried out, this will be used at the time of your departure to verify any wear &tear/ damage disputes etc. - £65.00
Tenancy Renewal
Administration fee for renewal of fixed term tenancy agreement - £105.00
Duplicate tenancy agreements £25.00
Rent schedules £25.00
Landlord/agent reference £25.00
Late rent letters and missed appointments £25.00
Breach of contract letters £25.00
Refund of rent paid in error (failing to cancel standing order) £25.00
Important Information
Tenancy Agreements
You will be signing an Assured Shorthold Tenancy Agreement (AST) for an initial fixed term period of six months. Please allow 1 – 2 hours for this appointment so you have ample time to read the AST. It is very important that you understand what you are signing.
The Deposit
The deposit will be held by The Deposit Protection Service and is taken for the performance of the tenancy to safeguard against unpaid rent and damages. All deposits will be forwarded to the DPS within 30 days.
Joint and Severally Liable:
Where there is more than one tenant, they are all equally liable for the property under the terms and conditions of the tenancy agreement.
Insurance
It is strongly advised you take out adequate insurance for your contents and personnel possessions with an insurer that provides “tenant’s liability” cover to protect the landlords contents, fixtures and fittings against fire, loss or damage and other risks including accidental damage.
