CAP Guidelines:

Letting fees information for Tenants:

In addition to the rent and deposit, there will be a number of additional costs and expenses which arise from the letting for which the tenant will be responsible.

It is essential that you budget for these additional costs which include the following:

(all figures are inclusive of VAT

 

Independent reference checks per person   £25
 
Independent guarantor reference checks per person   £25
 
Preparation of the tenancy agreement   From £100 dependent on size of property and number of tenants and individual terms negotiated
 
Inventory check at the start of the tenancy   Between £90 and £990 dependent on size of the property and the contents retained for the letting. This figure will be confirmed in your tenancy agreement.
 
Inventory check at end of tenancy
(payable at the end of the tenancy)
  Between £90 and £990 dependent on size of the property and contents. An estimate of this cost will be given in the tenancy agreement.
 
Preparation of tenancy extension or renewal documentation (payable on renewal or
extension of the tenancy)
  £60
 
Tenancy Deposit Scheme – Deposit Protection Fee   Currently £23 per annum and subject to change.

  

Where the Tenant has responsibility for any recurring costs or charges arising from occupation of the property these will be explained for each individual property prior to the letting and will appear in the tenancy agreement.

 

FEES CURRENT FROM JUNE 2017

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