** To observe the full list of charges that maybe applicable to you during the tenancy you will be sent a copy of the Tenancy Agreement prior to starting the application process, to which ALL Applicants must fully read and understand the terms and conditions of the Tenancy Agreement before any making any commitment to the tenancy. Detailed in the Tenancy Agreement is a schedule of ALL related costs that may fall upon you during the tenancy and or when your tenancy expires. Detailed below is a schedule of prominent fees** .
Application Fees are required upon deciding to rent the property which will secure the property for a period of 10 days, during which time various documentation will be required from each applicant, references will be sought along with any other documentation to assess the affordability of the applicant. The fee paid will also cover negotiating, amending and agreeing terms before and during the tenancy, drafting/ finalizing legal documentation and the registration/ securing the deposit .
|Professional Application Fees ( Non- Refundable)|
|Per applicant (over the age of 16 years)||£120.00|
|Couple (with or without children)||£200.00|
|Student Application Fees (Non- Refundable)|
|Per Guarantor Applicant||£60.00|
Credit And Id Checks are required for each applicant to access that the identity of the applicant is true. The credit check is required to help assess the affordability of the applicant and to make sure that the applicant has no CCJ’S.
|Credit Check (Per person)||£25.00|
|Id Check (Per person)||£25.00|
Once the applicant has passed the application process a Deposit equal to six weeks rent must be paid which will be secured with a nominated deposit protection service until the end of the tenancy (the deposit will be used as security against any damages that you may cause to the property and or its content). Shortly before your tenancy commences an inventory fee will be required, an inventory is a legal representation (schedule of condition) of the property and its contents at the commencement of the tenancy to which the document will be used further at the termination of the tenancy to assess any damage caused to the property and or its content which effectively forms the basis of the deposit return. Inventory costs are subject to change due the company that is used to conduct the service also the cost is dependent on the company’s pricing policy (at that present time).
|Deposit (per person)||£ To Be Confirmed as the cost is dependent on the rental figure of the property|
|Inventory fee (per property)||£ To Be Confirmed as the cost is dependent on the company used and the size of the property|
The below will details some prominent charges/ penalties that may be applicable to you during the tenancy. Full details are listed in the tenancy agreement.
|Late Payment Charges||£37.50 (per person that is outstanding with rent)|
|Tenant Reference||£15.00 Per Person that requires a reference|
Call Out Charge out of office hours if the problem is not deemed as an emergency or if you have caused the problem yourself then you will be charged the following plus cost of invoice for works done if applicable .
£50.00 between the hours of 1730.- 22.00 hours
£80.00 between the hours of 22.00- 09.00 hours
As a lot can change in the space of a year unfortunately a renewal of a tenancy is quite similar to that of making a new Tenancy Application as new legal documentation has to be drawn up and further referencing, credit checks are required.
|Renewal Costs ( Non- Refundable)|
|Professional Application Fees||£100.00|
|Student Application Fees||£50.00|
|Guarantor Application Fees||£50.00|
|Credit Check (Per person)||£25.00|
|Id Check (Per person)||£25.00 ** Only required if you have a new Guarantor**|
As per terms of the Tenancy Agreement should you wish to exit the tenancy early then you are liable for all rent and liabilities falling under the tenancy until such time as a new tenant/s is/are found.
Cost of early termination (without finding a New Tenant) £ you will still be liable for ALL rent and utilities until a New Tenant is found.
If you have found a new tenant to take your place then you are liable for the following costs
|**Cleaning Costs||£ is undetermined due to the amount of cleaning required and the company used**|
|** Check out costs||£ is undetermined due the amount of rooms requiring checkout and the company that is used **|
Should you have caused any damage to the property or its contents or left the property in an unclean state then you will be charged from your security deposit other charges from the deposit may include outstanding rent and late payment charges however you are given the opportunity to rectify any damage caused to the property before your tenancy expires should you not remedy the problems (if any) then you will be charged accordingly.
** Chargeable Only If the Below Are Required**
|Decoration||£ To Be Confirmed as the cost is dependent on the damage caused and the contractor/company used|
|Cleaning||£ To Be Confirmed as the cost is dependent on the scale of cleaning required and the company used|
|Removal of personal belongings||£ To Be Confirmed as the cost is dependent on the amount/weight of items to be removed and disposed of and also the price is dependent on the company/ contractor used|
|Maintenance||£ To Be Confirmed as the cost is dependent on the works/ materials required and the company/ contractor that is used|
|Gardening||£ To Be Confirmed cost is dependent on the scale of gardening that is required however light gardening prices usually start from around £40.00 upwards|