Patricia Shepherd Letting & Management charge structured Tenants Fees
. A copy of these fees can be found here.
These fees are to cover the costs of processing your tenancy, the fees once paid are non-refundable. Each individual tenant must complete an ‘Application for Tenancy’. A status enquiry may be requested from each tenant’s bank and there may be a minimal fee charged by the bank directly to the tenant’s account. An inventory ‘check out’ fee is charged to the tenant on vacation of the property.
A holding deposit of £500.00 will be required to secure the property whilst your application is processed. Once accepted for tenancy, the balance of deposit (equal to 1.5 months’ rent) plus first months’ rent in advance and balance of any additional fees must be paid in full in cleared funds before commencement of tenancy. Please note, if paying by Credit Card, a transaction fee of 3% will be added to the total. The deposit will not be returned until your tenancy is ended and only then provided your rent is paid in full and on the proviso the property is returned satisfactory and the inventory has been checked. NB: Before the deposit is refunded we will also have to consult with the landlord.
All negotiations are subject to contract and the tenancy start date cannot be relied upon until satisfactory references have been received.