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TENANT FEES

BEFORE YOU MOVE IN:


Setup fee (tenant’s share) £250 + VAT (£300 inc. VAT) for up to two tenants.

Referencing up to two tenants (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: £25 + VAT (£30 inc. VAT) per tenant.

Processing the applicationand referencing.

Guarantor fee: £75 + VAT (£90 inc. VAT) per guarantor (if required).

Accompanied check-in fee: £102 - £210 + VAT (£122.40 - £252 inc. 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 is an additional two weeks’ rent 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.

DURING YOUR TENANCY:

Amendment fee: £50 (£60 inc. VAT)

Contract negotiation, amending terms and updating your tenancy agreement during your tenancy.

Renewal fee (tenant’s share): £140 + VAT (£168 inc. VAT)

Contract negotiation, amending and updating terms and arranging a further tenancy and agreement.


Change of occupancy fee: £125 + VAT (£150 inc. VAT)



ENDING YOUR TENANCY:


Check out fee: N/A as paid by the Landlord.

Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit(s).

Future Landlord reference fee not applicable 


Collating information and preparing a reference for a future landlord or letting agent.  

OTHER FEES AND CHARGES:

Unpaid Rent / Returned Payments Interest at 3% above Bank of England Base Rate from date due.

Professional Cleaning (if required): £120 - £450 (£144 - £540 inc. VAT) per hour 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.


Circa London are members of the Property Ombudsman Scheme and Propertymark Client Money Protection Scheme.