Lettings ⁄ Tenants Guide & Fees
A fully detailed summary of the lettings process for prospective tenants…
Our administration charge is £150.00 including VAT per tenant. This fee covers raising and completing paperwork including the Assured Shorthold Tenancy Agreement.
Referencing fee is £120.00 including VAT per tenant.
These costs only apply to adults over the age of 18 and cover the referencing procedure, registering the deposit, our administration and the cost of providing the Tenancy Agreement. This will be due before the tenancy commencement day along with the first rental payment and the dilapidations deposit and will need to be paid in cleared funds on or before the day of moving in.
A check out fee will be charged by the inventory company prior to your tenancy start date. The charges will be as follows:
Bedrooms Un-Furnished Furnished
Studio £90.00 £100.00
1 Bedroom £100.00 £110.00
2 Bedroom £110.00 £120.00
3 Bedroom £120.00 £130.00
4 Bedroom £140.00 £165.00
5 Bedroom £160.00 £185.00
The above prices are subject to VAT at the current rate.
If the tenancy is renewed we will make a charge of £100.00 including vat to cover our administration.
How to rent a property?
Pay a holding deposit of £300
Provide a copy of either your Passport or Driving Licence (the original document will need to be presented in the office in accordance with the Governments Right to Rent Immigration Checks)
Complete a Reference Form online
The holding deposit will be deducted from your account when the tenancy commences.
Should you decide not to proceed for any reason or want to alter the original agreed terms of the let, the holding deposit paid will not be returned.
(We can only agree to a tenancy subject to satisfactory replies from those referees.)
Wilson Estate Agents Ltd use a professional referencing company to carry out the References. This process normally takes 48 hours to complete once the form is submitted and satisfactory references will need to be obtained in order for us to proceed with the application.
It may be that the referencing company ask for a Guarantor to be provided and in this event, we will need your chosen Guarantor to complete a further reference form at an additional referencing cost.
Given satisfactory references you will be offered the tenancy of the property subject only to the terms of the Tenancy Agreement.
If rents/deposits etc, are payable by cheque we must have at least seven Banking days for clearance of that cheque.
Rent is always paid calendar monthly in advance, the first payment being made by Bank Transfer, Bank/Building Society cheque or cash. Subsequent payments are by Standing Order. If the payment of rent is late for any reason, interest may be payable.
The deposit required acts as security for the performance of your obligations as a tenant under the tenancy agreement. This deposit will be returned to you at the end of the tenancy terms without interest, and subject to dilapidations or any deductions that may be necessary to compensate the landlord for any breach of the tenancy agreement. Please see our Tenancy Agreement for complete details of how the Tenancy Deposit will be dealt with at the end of the Term.
Wilson Estates is a member of the Tenancy Deposit Scheme. Please see our Tenancy Agreement for details.
Holding deposit of £300.00
Balance of Monies Due before Agreement Commences (the £300.00 holding fee is deducted from this):
Balance of one month’s rent
Administration fee of £150.00 including VAT per person
Reference fee of £120.00 including VAT per person
Check out fees as outlined in Administration Charges
It is the responsibility of the landlord to insure the building and their contents, however it is the responsibility of the tenant to insure their own contents.
Wilson Estate Agents Ltd accept no responsibility should the tenancy start date be delayed for any reason caused by the landlord, current tenant or yourselves. Should the reference checks or return of papers delay the start date then you hereby agree that the tenancy shall still commence at the date agreed but you will not be permitted to occupy the property until the satisfactory paperwork is completed.