BEFORE YOU MOVE IN:
Agency Fee/Set-up Fee - £350 including VAT.
Referencing for up to two tenant's (identity, immigration and Visa confirmation, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.
Additional Tenant Fee - £175.00 inclusive of VAT per tenant.
Processing the application, associated paperwork and referencing.
Guarantor Fee - £60.00 inclusive of VAT per guarantor (if required).
Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement.
Permitted Occupier Fee - £60.00 inclusive of VAT per permitted occupier (if required).
Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy.
Accompanied Check-in Fee - £60.00 inclusive of VAT
Preparing an Inventory and Schedule of Condition of the property, explaining how appliances function and taking meter readings for utilities and services.
Pet Deposit – Returnable additional security deposit of £ (VARIES)
To cover the added risk of property damage. This will be protected with your security deposit in a Government-authorised scheme and may be returned at the end of the tenancy.
Targets Client Money Protection Scheme
Client Money Protection (CMP) is a compensation scheme which recompenses landlords and tenants should an agent misappropriate their rent, deposit or other client funds. It is a requirement for ARLA Propertymark members to have CMP. ARLA provides this for Target Property.
Targets Independent Redress Scheme
The Property Ombudsman (TPO) scheme has been providing consumers and property agents with an alternative dispute resolution service for 27 years and provides consumers with a free, impartial and independent alternative dispute resolution service.
TPO is a not-for-profit independent company. Its unitary Board has 9 Non-Executive Directors, including its independent Chair, Baroness Diana Warwick. TPO is a government approved scheme to provide independent redress in relation to disputes between consumers and property agents.
What is DPS – This is a free Custodial scheme that is fast and efficient, and provides a competitively-priced Insured scheme, with over ten years’ experience of protecting tenancy deposits, DPS are authorised by the Ministry of Housing, Communities and Local Government to provide tenancy deposit protection in England and Wales and have been providing free Custodial deposit protection since April 2007 and Insured deposit protection since 2012.
DURING YOUR TENANCY:
Amendment Fee - £60.00 inclusive of VAT.
Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.
Renewal Fee (tenant’s share)- £60.00 inclusive of VAT.
Contract negotiation, amending and updating terms and arranging a further tenancy agreement.
ENDING YOUR TENANCY:
Check-out Fee (tenant’s share) - £60.00 inclusive of VAT.
Attending the property to undertake an updated schedule of condition based on the original inventory ad negotiating the repayment of the security deposit.
Future Landlord reference Fee - £420.00 inclusive of VAT (per reference request).
Collating information and preparing a reference for a future Landlord or Letting Agent.
OTHER FEES AND CHARGES:
Lost Security Items - £60.00 inclusive of VAT.
Obtaining necessary permissions, sourcing providers and travel costs.
Out of Hours Services - £60.00 inclusive of VAT per hour plus any actual costs incurred.
Where actions of the tenant results in the agent (or nominated contractor) attending the property, time to remedy the situation is charged at the hourly rate.
Unpaid Rent/Returned Payments – Interest charged at 8% above the Bank of England Base Rate from due date.
Professional Cleaning (if required) - £12.00 per hour inclusive of VAT which will become due at the end of the tenancy or 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.
If you have any questions on our fees, please ask a member of the lettings staff for assistance.
For the Edmonton office, please call 0208 805 4949 (option 2 or 3).
For the Enfield office, please call 01992 766 245 (option 2 or 3).