4 Queen's Rd, Wimbledon, London SW19 8YE, UK 02089446212

TENANTS FEES

What to pay when renting with rentalsandsales.co.uk

RentalsAndSales.Co.UK operate an ethical and transparent service to both landlords and tenants alike. In our 28 years established business, we have never had any hidden fees – believing this industry requires honesty, passion and care when managing tenancies. We have removed the need for expensive, unnecessary admin fees for both tenants and landlords. We have a belief that we can provide a high quality service online and offline at a reasonable cost. Applying for a property, placing a holding deposit, setting up a tenancy, processing the deposit, drafting the contract - these services all have no cost to the tenant.

One thing you will be charged for when renting a property via rentalsandsales.co.uk , is for referencing. This is a maximum of £30 per tenant including for guarantors.

The reason we charge for referencing is because it costs us money directly from the supplier (who obtains credit checks, employer references and previous landlord references). We have to pass this cost on. It also makes sure each tenant applying is serious about the property - as repeatedly applying for properties knowing you will fail references will quickly become costly.

Other fees to tenants are usually a contribution to the check out fee again carried out by a third party. Cost to tenant £90

Tenancy Changeovers – Where tenants wish to stay in a property when some of their flatmates want to move out, and you find your own flat mates, the cost for the administration will be £210. Referencing check fees still apply of £30

MONIES DUE "BEFORE" MOVING IN

HOLDING DEPOSIT EQUIVALENT TO TWO WEEKS RENT (DEDUCTED FROM THE 1ST MONTHS RENT) IS PAID as part payment of all your move in monies as we  COLLECT REFERENCES & PREPARE THE MOVE IN PROCEDURE.

Full move in monies due are 

6 weeks deposit (held with DPS) 

one calendar month rent 

£30 reference fee per tenant

REFERENCING INCLUDES: IDENTITY, IMMIGRATION AND VISA CONFIRMATION, FINANCIAL CREDIT CHECKS, OBTAINING REFERENCES FROM CURRENT OR PREVIOUS EMPLOYERS / LANDLORDS AND ANY OTHER RELEVANT INFORMATION TO ASSESS AFFORDABILITY.IF A GUARANTOR IS REQUIRED A REFERENCE CHECK FEE OF £30 PLUS VAT WILL ALSO BE DUE.

SUMMARY OF ALL FEES DUE FROM TENANTS




Reference check £30 per Person

Check out fee £90 property

Tenancy changeovers £210.00




CLIENT MONEY PROTECTION CERTIFICATE

It is now a legal requirement for all agents to display if they have client money protection or not.

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