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TENANT FIND SERVICE
Professional Administration Fee
£100.00 per applicant
Professional Guarantor Fee
£25.00 per applicant
Student Administration Fee
£125.00 per applicant
All fees listed above inclusive of VAT
The current standard VAT rate in the UK is 20%
What are the administration fees?
The administration fee includes the cost of referencing which comprises of a credit history check, current and/or previous employer and landlord references and any other relevant information to assist in the process of assessing the affordability and suitability of your tenancy application. If a guarantor is required, this would be an additional cost of £25.00 per tenant and the guarantor will be contacted directly regarding this. The fee also includes the cost of preparing the tenancy agreement.
When is the administration fee paid?
The administration fee is paid after you have viewed a property and decided to apply for a tenancy, once this has been paid the property will be taken off the market and held for up-to a month whilst your referencing is carried out and you will be asked to complete an application form, this can be done online or in the office.
What is the damage deposit for?
This is usually the cost of one month’s rent and is fully refundable at the end of your tenancy, providing the property is left in the same condition as it was when your tenancy commenced. Deposits are held through the DPS or My Deposits, these are government backed tenancy deposit schemes.
Are there any other fees?
We do not charge tenants fees for extensions and check out fees, if you request for amendment to your agreement after this is signed, there may be a charge.
Who can move in?
Any named person on the tenancy agreement can reside at the property, we also allow permitted occupants on the tenancy agreement, this will be discussed and agreed prior to signing the tenancy agreement and a permitted occupant will be added.
Terms and Conditions
If your application fails or is withdrawn, the administration fee is non-refundable, however, if the landlord withdraws for any reason and the tenancy is no longer able to proceed, a full refund of the administration fee will be made.
All tenancies are offered subject to contract and satisfactory references, Ashburton Lettings Ltd cannot be held liable for any costs should the tenancy not commence for any reason.