Application Fee - £100 per applicant. The application fee is charged per applicant over the age of 18. This reserves the property for you and we will not normally take applications on it from anyone else whilst your references are being checked. (See exceptions) Should you withdraw, or your references prove to be unsuitable, the application fee is retained by us to cover abortive administration costs. This fee covers credit checks, employer or accountants references and current or previous landlord references if applicable. If your application is successful the Administation Fee will become payable. See below for full details.
Exceptions. Occasionally we will have exceptional interest in a property; if this happens we will collect in applications and fees from all interested parties and refer these to the Landlord. Fees will not be banked until a decision is made and unsuccessful candidates will have their fees refunded prior to referencing. You will be advised of this when you submit your application.
Administration Fee - £180 per property. The Administration Fee must be paid prior to occupation of the property and is charged per property not per applicant. It includes preparing a tenancy agreement, the inventory, the check in procedure, the registering of the security deposit and the transfer of all the utilities.
There may be further fees that will apply dependent on your circumstances these include:
Additional Applicant - £100 Any additional applicants above the amount included in the tenancy setup fee. This will be for referencing and processing the application.
Guarantor - £100 You may be required after your referencing has taken place to provide a guarantor for the rent. This is not uncommon and they would also need to be referenced to ensure they have enough earnings to fulfil the rent in the event that you are not able to. This fee is per Guarantor required and covers the cost of referencing and providing a deed of guarantee to be included in the tenancy agreement