explanation of our tenant fees
We are members of The Property Ombudsman redress scheme
Trading Standards Institute
We are covered by the ARLA Client Money Protection Scheme
We would like to provide clarity of the fees that may become payable during a tenancy you are looking to enter into. We believe you should understand these before you make any decision about a property or before you decide to view a property.
We set out below what work is involved and how our fees are calculated once your offer has been accepted by your prospective landlord. These fees will be paid in addition to any rent and Deposit that is due under a Tenancy Agreement. Acceptance of any offer will be subject to contract, referencing and immigration checks. These will usually cover:
Referencing and Right to Rent Checks - You will be asked to complete an application before referencing can be undertaken, you should also provide an original photographic Identification (e.g. passport, National ID card, VISA, resident permit, driving licence) and Proof of Residence (e.g. original utility bill, council tax bill or bank statement all of which much be less than 3 months old) if you have any queries relating to this please speak to the branch you are dealing with.
Tenancy Agreement - Negotiating and agreeing a tenancy agreement between you and your prospective landlord, including any special clauses or requirements which have been requested, once negotiations are finalised produce final copies for signature.
Inventory Checks - the landlord will pay for the compilation of the inventory, the check in and the Check-out at the tenancy end.
Renewal/Extension Agreements - Negotiating and agreeing a tenancy renewal between you and your landlord, including any special clauses or requirements which have been requested, once negotiations are finalised produce final copies for signature.
Tenant deposit - A deposit equivalent to a month’s rent plus £100 will be required to be paid at the start of the tenancy. This is subject to referencing.
The Renting Homes (Fees etc.) (Wales) Act 2019 - permits certain fees/charges to be made where a tenant has defaulted on or breached their obligations under their Tenancy Agreement.
|Company application fee||£100 including VAT||£100.00|
You should be aware that the need for a guarantor may not become apparent until your referencing (including references for any joint tenants) has been completed. Where a guarantor is required they will need to complete an application form and provide photographic identification and proof of residence.
Please ask us to explain these to you, once we know your circumstance and how many tenants are applying for the property you are interested in, we can confirm the fees that could become payable.