Administration Fee
An administration fee is applied at the same time as your first month's rent and deposit is collected. This fee is charged at £250.00 + V.A.T for 1-2 tenants, with an additional £100.00 + V.A.T for each subsequent tenant (so 4 tenants moving into the same property would be £450.00 + V.A.T).
This fee includes referencing, preparation of tenancy agreement and pre-tenancy coordination. We charge no additional fee upon renewal/extension of tenancy.
References
Once you offer is accepted in principal, you will be asked to complete a 'Tenant Application Form'. This information will then be used to take up a landlord's reference, employer's reference and credit check where applicable. If you are self-employed or living with friends, we will seek alternative references (such as an accountant's reference, proof of earnings).
If requested, these references will be passed to the landlord for final approval.
A scan/copy of up to date photo ID is also required, in the form of drivers licence or passport. Foreign applicants must also provide a scan/copy of any applicable visas.
Deposit
As standard we take six weeks rent as deposit which will be held by the government approved Deposit Protection Service. More information about the DPS can be found here:
https://www.depositprotection.com & https://www.depositprotection.com/documents/tenant-guide-custodial.pdf
Deposits will be registered within 30 days of commencement of tenancy, and returned within 30 days of the tenancy ending unless return of deposit is delayed by dispute (deposits are normally returned well before 30 days).
Check in and check out procedure
The landlord will instruct and pay for any check in arrangements (full inventory, inventory check-in service etc). Unless otherwise agreed prior to commencement of the tenancy, the tenant will be liable for check-out costs.
A standard check out arranged by ourselves carries a fee of:
Studio - £90.00 + V.A.T
1 Bed - £100.00 + V.A.T
2 Bed - £115.00 + V.A.T
3 Bed - £130.00 + V.A.T
If the landlord arranges for an independent check out inspection this fee may vary.
Deductions will be made from the deposit based upon this check out report.