£75.00 inc VAT (payable on receiving a completed application)
Administration & Reference Fee
£180.00 inc VAT (payable on receiving a completed application). This fee includes negotiating the terms of the tenancy and all the necessary paperwork including the tenancy agreement. These fees are non-refundable should you wish to withdraw your application. Please note, however, should your application be refused either by DOMVS, the Landlord or our referencing company, the administration fee will be refunded.
£75.00 inc VAT. In some cases, once references have been collated, a Guarantor may be required. Full financial references will be required for the guarantor. A Deed of Guarantee will also have to be signed.
All Tenants and Guarantors must provide proof of (photographic) identification and proof of residency.
A deposit will be required (usually equivalent to six weeks’ rent). This will be payable prior to the commencement of the tenancy and is held for the duration of the tenancy. The deposit will be registered with the Deposit Protection Service (DPS), www.depositprotection.com, within 30 days of the commencement of the tenancy or receipt of the deposit, whichever is earlier. For further information on Tenancy Deposit Protection, please click on the website link: www.communities.gov.uk/tenancydeposit. Please note that no interest will be paid on the deposit.
Lease & Renewal
All properties are let on an Assured Shorthold Tenancy basis unless otherwise agreed.
Should a tenancy be renewed for a further fixed term, a renewal fee will be payable. This fee is currently £72.00 inc VAT.
Payment of Rent
The deposit and first month’s rent must be paid to us either by bankers draft or BACS transfer. The tenancy cannot commence until cleared funds have been received. The rent is payable monthly in advance by standing order direct to DOMVS (if we are managing the property), or direct to the Landlord for our Let Only service. Rent is always due on a given date; a late payment charge will be made should the rental be 7 or more days late. This fee is £30.00 inc VAT per letter sent.