FEES AND CHARGES PAYABLE WHEN YOU RENT A PROPERTY
All fees and charges are inclusive of VAT where applicable:
BEFORE YOU MOVE IN:
Setup Fee (Tenant’s Share) – £300.00 inc vat
Processing the application (identity, immigration and visa confirmation, financial credit checks, obtaining references from employers/landlords and any other relevant information) as well as contract negotiation (amending and agreeing terms) and preparing the tenancy agreement, associated paperwork and referencing.
Additional Fees that may be payable by some tenants:
Guarantor Fee – £ 120.00 inc vat per guarantor
Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy
Agreement where a guarantor is required.
JUST BEFORE YOU MOVE IN:
Inventory/Schedule of condition 1-3 Bedrooms £90.00 inc vat
(if James & Co prepare inventory) 4 + Bedrooms £150.00 inc vat
Check out charge – £60.00 inc vat
On a ‘managed’ property, James & Co will conduct a ‘check out’ and assist with any issues.
Dilapidation deposit – equivalent to 1.5 x agreed month rental
(for example a property renting for £1000 per month will be £1500 this is protected by mydeposits.co.uk)
One months rental in advance – Amount varies depending on property
AFTER YOU HAVE MOVED IN:
Renewal fee (Tenants share) – £72.00 inc vat
Late Payment of Rent – £18.00 inc vat
Each time we remind tenants of their obligations
Periodic Inspections failure to show – £30.00 inc vat
If an appointment is made but not kept by the tenant without notice of cancellation
Contractor appointments – £50.00 inc vat
If appointments are made by our contractors and confirmed by tenants but not up kept without notice of cancellation.