Tenants’ Guide & Fees

At Bassets, we understand that renting a property can be an overwhelming and confusing process. As an award-winning lettings team, we pride ourselves on providing open and honest advice which is fair and transparent. We endeavour to provide clear information at all times, but if you have any queries please don’t hesitate to contact the team.

Pre Tenancy Fees
Non-refundable Application Fee
(Partly paid to the Landlord if your application is unsuccessful)
 £250
Administration Fee (Private Let)  £150 per Tenant
Administration Fee (Company Let)  £300 per Let
Guarantor Fee (if required)  £80 per Guarantor
Damage Bond
Standard Property Let
Student Let
Room/Garage/Bedsit
One and a half month’s rent
Two month’s rent
One month’s rent plus £250
Tenancy Fees
Deposit Registration, Checkout Fee and All Future Reference Requests
(Costs covered using the Application Fee already paid)
 £250
Late Payment of Rent or NOT by Standing Order  £50 per payment
Interest on Late Payment of Rent/Charges  £24 per payment
Returned Payment Fee
(e.g. Bounced cheque)
 £24 per payment
Post Forwarding Charge  £60
Move In/Out Appointments Outside Normal Hours  £36
Missed Appointments
Bassets (i.e. checkout, inspection visit)
Contractor (i.e. where access via Tenant agreed)
£60
Relevant call out charge made by the contactor
 Bassets Out of Hours Call out
(e.g. For spare keys)
 £60
 Tenancy Renewal/Extension Fee  £60
 Arranging Post Tenancy Works
(e.g. To cover the cost of arranging post Tenancy works that the Tenant is responsible for i.e. carpet cleaning, general cleaning)
 Up to £60

*All fees include VAT where applicable
 

Application Fee

By paying the Application Fee you have registered your interest in renting the property. This fee is paid prior to any formal Landlord acceptance and is subject to contract. The Landlord will make a formal decision based on the information contained within your application and prior to formal referencing commencing. If the Landlord rejects your application all fees paid up to this point will be refunded. If your application is successful then the Application Fee is non-refundable.

Administration & Guarantor Fee

The completed application form will constitute your offer to rent the property. If the Landlord accepts this offer (subject to contract and referencing), you are required to pay the Administration Fee to cover the costs of your reference and the preparation of the legal documents. If a guarantor is needed, a Guarantor Fee will be applicable.

References

Before being accepted as a Tenant, we will formally reference you using an independent referencing company. A full credit score, employer reference and previous Landlord reference as appropriate will be conducted. If you think there may be any problems with your reference, you must advise us before referencing commences. If you fail this process you will not receive a refund of any fees paid.

As part of this process we are required to check Tenants comply with the Governments Right to Rent guidelines. Accordingly, you will be asked to provide proof of your right to rent. In most cases a passport will suffice, however if you’re a non UK, EU or Swiss Nationality you may need to provide further details to confirm your right to reside in the UK. Please contact the Bassets team for further information.

Damage Deposit

Once your reference has been approved and you are ready to move in, you will be required to pay the first month’s rent in advance plus the Damage Deposit. Should the Landlord accept a pet at the property, there will be an additional £250 Pet Deposit payable, which will be held for a further six weeks after the Tenancy has ended to ensure that there are no issues arising which may not have been apparent during the checkout process.

The Damage Deposit is held by Bassets to be used if you fail to meet your legal obligations set out in the Tenancy Agreement. Bassets hold the deposit as a “stakeholder”, so we can mediate should you and the Landlord disagree on what amount should be paid back at the end of the Tenancy.

Deposit Registration & Checkout Fee

The existence of the Damage Deposit is registered with an approved Deposit Scheme and a certificate is sent to you confirming this. Your original Application Fee will cover the cost of this Damage Deposit Registration as well as the Checkout Fee.

Payment of Rent

Rent must be paid promptly in advance by standing order. Payment of rent by any other method may incur additional charges. Bassets operate a “zero tolerance” policy to rent arrears.