Company let fees and charges
When letting a property through a company let, there are specific fees that apply to ensure a smooth and professional tenancy setup.
The table below outlines our standard fees associated with company lets including referencing, agreement preparation, and ongoing tenancy management. All charges are listed inclusive of VAT.
These fees reflect the administrative and legal work required to manage a company let efficiently and in compliance with relevant regulations. If you have any questions or would like further information, our team is happy to assist.
|
Fee Description |
Cost (Inclusive of VAT) |
|---|---|
|
Check-in Fee (checking into the property and reviewing inventory) |
Minimum of £72 |
|
Tenancy Agreement and Setup (drafting and execution of document if supplied by us) |
£300 |
|
Company Referencing Fee (verification of details, credit check and Companies House check) |
£150 |
|
Administration Fee (set up of monthly standing order for rental payments, collecting and holding the Security Deposit as Stakeholder, issuing protection certificates) |
£50 |
|
Company Referencing Fee (verification of details, credit check and Companies House check) |
£150 |
|
Individual Reference Fee (per person) |
£75 |
|
Extension Agreements Fee (negotiating and drafting extension to the fixed term) |
£75 |
| Damage Fee (checking replacement item with inventory and arranging for damage to be rectified at end of tenancy) | £30 |
| Change of Sharer | £250 |
| Arrears Fee | £30 |
| Overpaid Rent Fee | £30 |
| Pet Agreement | £75 |
If a guarantor is required, the following fees will also be due.
| Guarantor Referencing Fee (per guarantor – includes verification of details, credit check, employer and accountant reference if available) | £100 per guarantor |
|---|---|
| Deed of Guarantee Fee (drafting Deed, negotiating clauses and executing document) | £75 |
