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The Process & Tenants Fees

Once your offer has been accepted on a property you will need to pay a reservation fee (holding deposit) of £400.00. This payment will show your commitment to the property and in return we will put all other viewings on hold while you are going through the referencing process. This £400.00 reservation fee will come off of your final balance at the end.

All properties will require 1 months’ rent in advance and 6 weeks rent deposit as well as the below tenant fees.

Before you move in:

SET UP FEE £200 (Inc. VAT) per tenant - Referencing per tenant (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to access affordability) as well as contract negotiations (amending and agreeing terms).

Tenancy & Admin Fee £100 (Inc. VAT) per tenancy - This also included Processing of application, associated paperwork & referencing.

Guarantor Fee £200 (Inc. VAT) - Covering credit referencing and all of the above as per the set up proceed and Deed of Guarantee as part of the tenancy agreement.

Permitted Occupier Fee £50 (Inc. VAT) per permitted occupant - Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as provision of documentary guidance as assistance during the tenancy.

Pet Deposit From £150 (Inc. VAT) dependant of the pet - Non Refundable payment to cover cleaning/infestation treatment at the end of the tenancy.

During the Tenancy:

Amendment fee £50 (Inc. VAT) per tenant - Contract negotiation, amending terms and updating your tenancy agreement.

Renewal Fee (Tenants share) £50 (Inc. VAT) - Contract negotiation, amending and updating terms and arranging a further tenancy agreement.

Ending the Tenancy:

Check out fee £100 (Inc. VAT) (payable at start of tenancy) per tenancy - Attending the property to undertake and update schedule of condition based on the original inventory and negotiating the repayment of the security deposit(s).

Early Surrender of AST - Tenant(s) responsible for landlords re-letting fees (fees are individually negotiated and based upon services required).

Unpaid rent/Returned Payments - Interest at 8% above Bank of England Base rate from date due.

Professional Cleaning (if required) - Prices vary to the size of the property, which will be deducted from the Security Deposit Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy.

Cockburn is licensed by a client money protection scheme and our redress scheme is provide by The Property Ombudsman.

“I would like to send you a huge thank you for all your help and support with the purchase of our house. Your service has been outstanding!”

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