We are transparent with charges made to tenant's, which are linked to an application for a tenancy and these are summarised below.
Single Tenant £240 inclusive of VAT
Each Additional Tenant £120 inclusive of VAT
Each Guarantor £120 inclusive of VAT
Company Let £240 inclusive of VAT
Tenancy Renewal Fee £120 inclusive of VAT*
These charges incorporate all related costs of processing an application for a tenancy including referencing and are payable at commencement of the application process. At any time during the application process should tenants decide not to proceed or fail referencing, then application fees are not refundable.
If a landlord withdraws then 75% of the application fee will be refunded to the tenants, the balance will be retained by us covering costs already incurred for referencing and processing the application.
Where a Guarantor is required a charge of £120 inclusive of VAT per Guarantor is applied. This becomes payable following receipt of the tenant's references and when the Guarantor completes the relevant application form. In the event of the tenancy not being finalised for any reason or the replies to referencing proving unsatisfactory, such charges are not refundable.
*Although we charge tenants a renewal fee we do not charge fees for inventory reports or check out inspections.