Costs
You will pay for the rent of the property on a monthly
basis in advance. The rent will be collected by Direct Debit or standing
order (other payment options are available). If your company is paying
for your accommodation we will discuss various payment options directly
with them.
Tenants will pay an administration fee of 50% of the first months rent
(plus VAT). This covers all administration involved with the referencing
and set up of the new tenancy agreement for two tenants or one tenant
and one guarantor. Additional tenants and guarantors will be required
to pay £50 (plus VAT) per additional application. All tenants aged
18+ living in the property must be reference checked.
Before you move into the property you will be required to pay
one month's rent in advance, a security deposit (this is refunded at the
end of your tenancy subject to the condition of the property) and the
administration fee. Please see example below:
Rent - £550
Security Deposit - £550
Administration Fee - £275 (plus VAT)
Total - £1423.12
The above example is based on a property priced at £550
per calendar month.
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