FEES TO TENANTS
Before you move in to a property the following charges are applicable:
Reference Fee - £30.00 per tenant
When the landlord requires a full referencing report we will use an external referencing company to make various enquires including financial checks, identity checks, obtaining landlord references and employer or accountant references.
Administration Fee - £120.00 per Tenancy Agreement
This is a fixed cost fee that can cover a variety of works including but not limited to conducting viewings, negotiating the tenancy, verifying references and drawing up contracts. This charge is applicable per tenancy, and not per individual tenant.
Guarantor Fee - £30.00 per guarantor
This is our fee to cover referencing and to prepare a Deed of Guarantee where required.
It is in the interest of both the landlord and tenant to have a written record of the condition and contents of the property at the commencement and at the expiry of the tenancy in order to minimise the chance of any disputes between them. The tenant usually pays for the cost of an independent inventory report at the commencement of the tenancy and the landlord usually pays for the cost of the inventory check-out.
Scale of Charges: (subject to change)
During your Tenancy the following charges are applicable:
Tenancy Renewal Fee - £75.00
The cost for preparing any renewal agreement is £75.00
Change of Tenant Fee: If you are a joint tenant and you wish to move out before the end of your tenancy you can usually find someone to replace you on the Tenancy Agreement (subject to suitable references and landlord approval). Our administration fee for referencing the new tenant and preparing the appropriate agreement and dealing with their Tenancy Deposit is £300.00 including VAT (per new tenant)
Client Money Protection is provided by: The PI+CMP Scheme
Independent Redress is provided by: The Property Ombudsman