Letting Fees

TENANT SET UP COSTS

The costs of renting a property via HOSKINS JOHNSON are as follows:

An initial administration fee of £200 plus VAT (£240 inc VAT) is charged to start the tenancy, this is for the first 2 tenants and is required in cash/bank transfer. There is a charge of £50 plus VAT (£60 inc VAT) for any additional tenant.

Once the payment has been received the property is reserved until the proposed start date.

If a guarantor is required there will be an extra fee of £50 plus VAT (£60 inc VAT) charged. The guarantor will need to be referenced and credit checked along with all tenants.

All administration/guarantor fees are NON REFUNDABLE, should any prospective tenants decide not to proceed with the tenancy. All administration/guarantor fees are REFUNDED, should the landlord decide to withdraw the property from the rental market. Prior to signing/commencing a tenancy, cleared funds are required for both the rent deposit and bond.

ADDITIONAL FEES

Tenancy renewal/alteration fee £50 plus VAT (£60 inc VAT)

Dishonoured/Bounced cheques £35 plus VAT (£42 inc VAT)

Rent arrears reminder £25 plus VAT (£30 inc VAT)

Our administration fees cover all referencing & credit checking (tenants & guarantor), lodging of the bond into a government backed scheme, inventory charges, 3 monthly inspection charges, check in/out fees, reference requests and all paperwork.

LANDLORD SET UP COSTS

FIND TENANT ONLY SERVICE

50% of the first months rent plus VAT.

The service will include:

All viewings

Tenant referencing

Preparation and signing of the tenancies

Taking the first months rent and bond and then transferring to the landlords nominated bank account.

FULL MANAGEMENT

10% of the agreed monthly rent plus VAT, this will include all the above and then the additional services:

Lodging of the bond into the DPS (Deposit Protection Scheme)

Moving the tenants into the property

Preparation of the inventory (additional £75 cost)

Transfer of the utilities and council tax into tenants names

Three monthly inspections.