Holding deposit
Equivalent to 2 weeks rent
This is payable to secure the property for you and is deducted from the move-in balance.
Administration fee
£85.00 plus vat per person
This is covers the cost of preparing the tenancy and checking your references.
Guarantor fee
(If required)
£55.00 plus vat per guarantor
This covers the cost of a reference and deed of guarantee where your financial position requires you to provide a guarantor. That is someone can cover the rent on your behalf in the event that you are unable to pay
Inventory
from £90 to a maximum of £150 plus vat
This covers the cost of comparing the condition of the flat with the inventory created when you first moved in and depends on the size of the property. This is payable prior to the start of the tenancy.
Move-In Balance
Security deposit and 1st month’s rent
This needs to be paid in full before the start of your tenancy. Your deposit money (equivalent to 6 weeks rent) will be secured in a tenancy deposit scheme