Tenancy Fees
If you like a property, then a non-refundable Administration Fee of £100 will be required. Should you change your mind, this money is then paid to the Landlord as compensation.
Each prospective tenant will then be required to pay an up front, non-refundable, one-off Application Fee of £140 (inc VAT) to cover the cost of checking your references, producing the necessary legal documentation and processing your application. If a guarantor is needed, a further application fee of £80 (inc VAT) will also be payable.
Once the references have cleared and you are ready to move in, the £100 Administration Fee will then be used as the Move In/Check Out Fee, which is also £100 (inc VAT). This means that before moving in you will need to pay the first month's rent in advance plus the Damage Deposit (one and a half months' rent for properties or a month's rent plus £200 for bedsits and garages) - so two and a half months' rent typically.
For information, the Damage Bond is almost always held by us in the event that you do not meet your legal obligations set out in the tenancy agreement. We hold this deposit as a "Stakeholder", meaning that we will act as a mediator should you and the landlord disagree on what amount should be paid back at the end of the tenancy. In most cases, the existence of the deposit is lodged with an approved Deposit Scheme and a certificate will be sent to you confirming this.
If you like a property, then a non-refundable Administration Fee of £100 will be required. Should you change your mind, this money is then paid to the Landlord as compensation.
Each prospective tenant will then be required to pay an up front, non-refundable, one-off Application Fee of £140 (inc VAT) to cover the cost of checking your references, producing the necessary legal documentation and processing your application. If a guarantor is needed, a further application fee of £80 (inc VAT) will also be payable.
Once the references have cleared and you are ready to move in, the £100 Administration Fee will then be used as the Move In/Check Out Fee, which is also £100 (inc VAT). This means that before moving in you will need to pay the first month's rent in advance plus the Damage Deposit (one and a half months' rent for properties or a month's rent plus £200 for bedsits and garages) - so two and a half months' rent typically.
For information, the Damage Bond is almost always held by us in the event that you do not meet your legal obligations set out in the tenancy agreement. We hold this deposit as a "Stakeholder", meaning that we will act as a mediator should you and the landlord disagree on what amount should be paid back at the end of the tenancy. In most cases, the existence of the deposit is lodged with an approved Deposit Scheme and a certificate will be sent to you confirming this.
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