Tenant Fees

Tenancy set up fee – 1st tenant

• What is the tenancy set up fee? 

The tenancy set up fee includes the cost of referencing – which will cover 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. The fee also includes providing a Tenancy Agreement and protecting your security deposit with The Deposit Protection Scheme (DPS).

£180.00

• When do I pay the tenancy set up fee? 

After a viewing and when you have decided to apply for the property. We will provide you with a Tenancy Fee Declaration form which lists the services we provide and the fees that are payable. You will then be asked for your tenancy set up payment.

What other fees may be payable before I can move into the property of my choice?

• Additional Person: 

This covers the cost of processing the application and associated paperwork for any additional applicants.

£65.00

• Guarantor: 

Depending on the outcome from your application from the referencing company, your earnings or overall financial position may require you to provide a Guarantor. This is not uncommon, and means you have someone on your behalf that undergoes credit referencing – to ensure they have sufficient earnings to cover the overall rent commitments in the event that you, as the tenant, are unable to pay your rent. This fee is payable in respect of each Guarantor to cover credit referencing costs and providing a Deed of Guarantee as part of the Tenancy Agreement, which details their obligations as a Guarantor.

£85.00