Tenant Fees

BEFORE YOU MOVE IN:

• Set up fee – 60% (50% + VAT) of the agreed monthly rent
• Referencing up to two tenants (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
• Processing the application, associated paperwork and referencing.
• Guarantors: Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement for one guarantor
  • Additional guarantor credit referencing £60 (incl. VAT) per guarantor
• Permitted Occupier Fee
  • Explaining to any permitted occupier their rights and responsibilities towards the names tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy
• Accompanied Check In
  • Preparing and Inventory and Schedule, of Condition of the property, explain how appliances function and taking meter readings for utilities and services.

DURING YOUR TENANCY:

Amendment Fee

Contract negotiation. amending terms and updating your tenancy agreement during your tenancy £100 (inc VAT) Renewal Fee (tenants share)

Contract negotiation, amending and updating terms and arranging a further tenancy and agreement  £50 (inc VAT)

ENDING YOUR TENANCY:

• Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit
• Collating information and preparing a reference for a future landlord or letting agent.

OTHER FEES AND CHARGES:

• Where actions of the tenant results in the agent (or nominated contractor) attending the property, time to remedy the situation is charged at the prevailing rate of the contractor. A typical call out charge would be from £64.80 (£54.00+VAT)
• Unpaid rent or returned payment interest at 4% above HSBC base rate or the landlords choice of bank, from the due date.
• Professional cleaning (if required) is only charged where it’s necessary to return the property to the same condition as at the start of the tenancy min £19.20(£16+VAT) per hour. This will be deducted from the security deposit.
• Any further charges relating to the end of tenancy will be discussed in accordance with the schedule of condition at that time.
  • These deductions will be itemised and discussed with the tenant .
    
    
    
    
    IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF
    
    Redress: This firm is a member of The Property Ombudsmen (www.tpo.co.uk)
    
    Client Money Protection: This firm is a member of NAEA client money protection scheme.

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