Prior to commencement of tenancy
After an offer has been accepted by the Landlord, which is subject to contract and references, in addition to paying the rent, the following charges may be made:
We charge a fee of £360 (inc VAT) for the administration of each tenancy which includes our fee for preparation of the Tenancy Agreement (£200) and the remainder covers referencing and registering the deposit with the Tenancy Deposit Scheme (TDS).
Tenancy Agreement Fees
Whilst we charge a fee of £200 for the preparation of their agreement some of our Landlords will charge different amounts. We will advise you of these potential costs at the time of negotiating the offer you make.
As stated above we include referencing in our one-off administration fee. However, some of our Landlords may charge fees separately for referencing. We will advise you of these potential costs at the time of negotiating the offer you make.
You will be charged £30 (inc VAT) per guarantor (if required); this covers credit referencing and preparing a deed of guarantee as part of the tenancy agreement.
We will take a deposit, usually equivalent to 6 weeks’ rent, which will be held in an account in your name for the duration of the tenancy. A larger deposit may be required by your Landlord – for example if you keep a pet.
Stamp Duty Land Tax (SDLT) is payable on tenancy where the rent is in excess of £125k per annum. Details of this can be found on www.hmrc.gov.uk/sdlt.
During the tenancy
We charge £96 (inc VAT) for amendments made during your tenancy, this includes contract negotiation, amending terms, tenants and updating your tenancy agreement.
We charge £96 (inc VAT) this includes contract negotiation, amending and updating terms and arranging a further tenancy and agreement.