What tenancy fees do you need to pay?

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A Tenant’s Guide to the Costs Involved in Renting this Property

BEFORE YOU MOVE IN:

Set up fee (tenant’s share) – £250
Referencing up to two tenants (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms), arranging the tenancy and agreement.

Additional Tenant Fee – £90
Processing the application, associated paperwork and referencing

Guarantor Fee – £60
Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement

Accompanied Check-in Fee – INCLUDED
Preparing an Inventory and Schedule of Condition of the property, explaining how appliances function and taking meter readings for utilities and services

Pet Deposit Returnable – £250
To cover the added risk of property damage. This will be protected with your security deposit in a Government-authorised scheme and may be returned at the end of the tenancy

DURING YOUR TENANCY:

Amendment Fee – £60
Contract negotiation, amending terms and updating your tenancy agreement during your tenancy

Renewal Fee (tenant’s share) – £60
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement

ENDING YOUR TENANCY:

Check out Fee (tenant’s share) – £60
Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit(s)

Future Landlord Reference Fee – £10
Collating information and preparing a reference for a future landlord or letting agent

OTHER FEES AND CHARGES:

Lost Security Items (Keys e.t.c.) – £60 + COST OF ITEM(S)
Obtaining necessary permissions, sourcing providers and travel costs

Out of Hours Services – £80 PER HOUR + ACTUAL COSTS INCURRED
Where actions of the tenant results in the agent (or nominated contractor) attending the property, time to remedy the situation is charged at the hourly rate

Unpaid Rent / Returned Payments Interest – INTEREST AT 8% ABOVE BANK OF ENGLAND BASE RATE FROM DATE DUE

Professional Cleaning (if required) – £25 PER HOUR
Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy.

IF YOU HAVE ANY QUESTIONS ON OUR FEES, PLEASE ASK A MEMBER OF STAFF

For more information about charges, please email claire.forkes@hxea.co.uk and we will be happy to advise.