Referencing & procedures: The referencing procedure normally takes between 3 to 5 working days to complete, please note if one or all applicants or guarantors fail the referencing process and a replacement cannot be found, then the holding deposit would be forfeited.
Inventory Fees: To be paid by the landlord, this is a full written detailed report backed up with photographic evidence outlining the condition of the property at the start of the tenancy. it is not mandatory for the landlord to have an inventory report, but is advised.
Tenants are required to pay one calendar months’ rent in advance and five weeks security deposit in advance, this deposit is register with the Deposit Protection Scheme. This is refundable after the tenancy ends and subject to the terms of the tenancy.
Holding Deposit: To be paid by the tenant/s, and is one weeks rent of the the property being taken for letting. this is when the agent has agreed with the landlord primarily to let the property to the tenant/s this allow us to withdraw the property from the rental market (subject to the full comprehensive referencing being passed).
The deposit is nonrefundable but is deducted from the move in balance at the start of the tenancy. In the event that a landlord withdraws the property from the rental market, the holding deposit will be refundable in full.
Breach of tenancy fee: Tenant/s will be charged at £50.00 for any breach of there tenancy agreement.
Utilises: It is the tenants’ responsibility to contact and pay all utility bills.
All fees inclusive of VAT unless otherwise specified