When you decide to rent a home, you need to budget not just for the monthly rent and household bills, but also the initial costs. Your agent will normally ask you to pay a deposit and an administration charge in addition to the first months’ rent. A full breakdown of our fees can be found further down this page.
All fees include VAT where applicable.
When the tenancy starts, you will be asked to pay the balance of the deposit+ less any holding deposit or reservation paid already. The value of the deposit may vary depending on your personal circumstances, but will be equal to at least one month’s rent.
A deposit is a sum of money taken to be held as security for the performance of the agreement and can be used against any costs or damages at the end of your tenancy as detailed in your agreement.
We will ask you to pay an application charge. This charge is to take the property off the market and includes the cost of referencing and initial checks.
* This is a non-refundable payment. Please note that the administration charge may be payable in instalments, however, the total amount will not exceed the amount shown above.
If you are a student, are unemployed or on a low income, you will need a guarantor. We will need to carry out reference checks on the guarantor and charge a fee for this and the administrative work we do.
The guarantor will be asked to read your tenancy agreement and sign a guarantor agreement before the tenancy starts.
* This is a non-refundable payment.
Move in Charge
This amount is payable in advance, and must be received prior to a new contract being signed.
We reserve the right to charge a fee for chasing any rents that are received more than three days late from the due date.
If you want to leave the property before the end of the tenancy, the landlord may agree to this, but may ask you to continue to pay the rent and all household bills until the date a new tenant moves in or your tenancy comes to a natural end, whichever is the sooner. You may also be asked to pay reasonable costs in re-letting the property.
We are normally pleased to provide a reference for the above purpose. To cover our costs in administration we may charge a fee for this service.
We may charge a fee for the Check Out appointment.
If we are unable to complete the agreed Check Out appointment due to unreasonable delays by you on the day of the appointment, you may also be charged to cover our reasonable costs. Please also note that rent is payable until the day you move out of the property and surrender the keys.
We do not have the authority to cancel your Standing Order at the end of the tenancy and this is your responsibility. If we need to refund you rent because you have not done this, we may charge you an arrangement fee to cover the cost of administration.
Please note: at times we may accept payment for some of these fees by credit card. Should this be the case, there will be a charge added to reflect the amount that we will have to pay for the transaction. We will always tell you if we have to make any charges when accepting payments.
|Charge||Net amount||Vat||Gross Amount Payable|
|Application Charge - Single Person||£150||£30||£180|
|Application Charge - Joint||£200||£40||£240|
|Application Charge - Additional Applicant||£75||£15||£90|
|Move In Fee||£50||£10||£60|
|Late Payment of Rent||£25||£5||£30|