Tenants – Once you have viewed a property and agreed an Application in principal, the payment of an Application Referencing Fee(s) are required to hold the property whilst references are completed to include obtaining references from current or previous employers and landlords and a full credit check, contract negotiation. This fee is non-returnable once referencing is commenced.
FEES CHARGED TO TENANTS ARE SUBJECT TO CHANGE IN ACCORDANCE WITH THE TENANT FEES ACT 2019. Effective from 1st June 2019. Please ask a member of our team for more information.
Before the Tenancy
Individual application fee £100 inc VAT per person (aged over 18 years).
Holds the property subject to the receipt of successful references and covers the cost of the referencing completed. Is non-refundable if referencing commences / failed.
Guarantor Reference Fee £60 (Where Applicable, £30 second / additional guarantors).
No additional administration fees are raised for the production of guarantor agreements.
Company Application Fee £150 inc VAT.
Payable where the Occupier of the property/ Tenant is a Company, Group or organisation.
Tenancy Move in Fee £150 inc VAT.
An administration charge to Tenant to contribute to the costs of the organisation and handling of sign up appointments, creation of tenancy agreement and tenancy inventory (where applicable), check in appointments, check out appointments and future Landlord / agency reference.
Room Lets £75 inc VAT (Referencing & administration fee)
One FREE Guarantor and NO Move-in Fee
During the Tenancy / Other Charges
Tenancy Renewal £60 inc VAT.
Contract negotiations, amending terms and arranging a further tenancy and agreement.
Missed inspection £35 inc VAT.
Payable when access if not permitted to a property when appropriate notice has been issued.
Tenant action resulting in agent out of hours £30 inc VAT.
Where actions of the tenant results in the agent (or nominated contractor) attending the property.
Lost Security Items £10 inc VAT, plus item cost.
Obtaining necessary permissions, sourcing providers and travel costs
The Independent Redress Scheme is provided by the TPOs (The Property Ombudsman)
Client Money Protection (CMP) is provided by RICS
Mundys are regulated by the RICS
Variation of Fees Charged to Tenants