Residential Tenant Fees
The application fee for a tenancy is a fee charged to a tenant to cover the cost of obtaining relevant references, the tenant’s side of the tenancy agreement, the tenant's part of the inventory and for registering the tenant's deposit/bond with The Dispute Service for legal protection over the period of the tenancy. If a tenant withdraws from a tenancy during the application process, Innes England reserves the right to retain part of the application fee paid dependent on the stage of the application. If you have any queries regarding residential applications, please contact a member of the asset management team on 01332 362244.
Rent upfront
It is expected that you will pay one month’s rent upfront on or before the day you move in. In special circumstances you may be expected to pay up to six months upfront but this would be made clear during the referencing process.
Application fees
| 1 x person | £125.00 (inc VAT) |
| 2 x people | £175.00 (inc VAT) |
| 3 x people | £225.00 (inc VAT) |
The above fees are a maximum price and dependent on the size of the property (these fees can often be less)
Deposits
| Standard deposit | Rent per month amount |
| Deposit with pet(s) | Rent per month amount + £100.00 per pet |
| Deposit with sharers | Rent per month amount + £100.00 |
Surveyors withhold the right to adjust the deposit amount for any unorthodox situations
Tenancy extension fees
| To extend for another fixed term | £50.00 (inc VAT) |
To replace lost legal documents
| Inventory / Tenancy Agreement | £15.00 (inc VAT) |
Example initial fees
| 2 x applicants (rent £500 pcm) | 2 x applicants, 1 x guarantor with 2 x pets (rent £700 pcm) |
| Application fee £175.00 Rent £500.00 Deposit £500.00 |
Application fee £225.00 Rent £700.00 Deposit £900.00 |
| TOTAL £1,175.00 | TOTAL £1,825.00 |