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Tenant Fees



Transparency for tenants

Once you've found the perfect property and your offer has been accepted, we'll start preparing the tenancy agreement and organising the logistics for your 'move-in' day. The tenancy charges may vary, depending on the agreement we have with the landlord, so it's best to ask the office dealing with your offer for a full break down of costs.

That said, we don't want you to have any unwelcome surprises when it comes to signing the contract, so here's a list of what you can typically expect to pay:

 

Pre-Tenancy

All Fees stated are inclusive of VAT (calculated at 20%)

Tenancy Agreement /ContractFee

Fees for drawing up a contract

£180

Tenant Referencing Fee

All tenants will be subject to a reference check before the tenancy can go ahead. References include employer’s reference and previous landlord if applicable.

£34 per reference(Excluding references for any proposed Guarantor)

Inventory Check-in Fee

Inventory prices are calculated based on the size of the property

£105 to £290

Deposit

 Typically six weeks rent

During your tenancy (if required)

All Fees stated are inclusive of VAT (calculated at 20%)

Tenancy Renewal Fee

Fees for drawing up a contract

£36

Change of Tenant Fee

Fees for drawing up a new contract where a tenant is added/removed

£180

Tenant Referencing Fee

£34 per reference(Excluding references for any proposed Guarantor)

Lost key Fee

£30 to £60 per set of Key

Late payment/Arrears fee

Reminder letters sent to the tenants

£36

 Future Landlord Reference Fee

 £10

 

FEES EXPLAINED

Tenancy Agreement/Admin Fee - Provision of an expertly written tenancy agreement, brokering agreed amendments between landlord and tenant, and arrangement for completion and signature of the agreement by both parties, and registering your deposit with the Tenancy Deposit Scheme. Your deposit is typically six weeks rent.

Referencing Fee - The cost of referencing includes checking your credit status, previous employer, current or past landlords, and taking into account any other information to help assess the affordability of your tenancy application.

Check-in Fee - The cost of arranging for a clerk to meet you and agree the current inventory of the property at the start of your tenancy. The cost of the check-out at the end of the tenancy is met by the landlord.

Renewal Document Fee - Contract negotiation, amending and updating terms and arranging a further tenancy and agreement

Lost key Fee- The cost of replacing/cutting  a new set of keys 

Late payment/Arrears fee- Letter sent regarding late or non-payment of rent

Future Landlord Reference Fee - Collating information and preparing a reference for a future landlord or letting agent

Sales & Lettings Ltd Client Money Protection is provided by: NFOPP

Sales & Lettings Ltd is a member of NAEA Propertymark.



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