Letting fees information
When renting a property through Williams Lynch the following charges will apply:
To secure a property
We require you to pay one week of the first month’s rent as confirmation of your intent to proceed with the proposed tenancy. Should you decide not to proceed or should your references fail this payment is non-refundable.
Inventory charge from £204 incl VAT at the prevailing rate (costs vary dependent upon service required and number of bedrooms). You will be required to pay for an inventory to be compiled pre-tenancy by an independent inventory company. You will receive a copy of the inventory within approximately 4-5 days following the start of the tenancy, and you will be required to review the report and return it signed, within 7 days, confirming it’s content.
We use a specialised independent agency to collect references on our behalf and you will be required to complete an application form.
Reference fee per applicant £72 Incl VAT
Guarantor fee (if required) per applicant £72 Incl VAT
An ARLA approved tenancy agreement will be provided which we require all parties to sign ahead of taking up occupancy for which we will charge a fee.
A Tenancy agreement fee of £180 Incl VAT
Please note all of the above fees will be required to initially reserve a property and the agreement is subject to references and contract.
You will be required to pay a six week security deposit equivalent to six weeks rent, (tenancies commencing from 1st April 2019 will require a five week security deposit) before taking occupancy and this will be collected one week ahead of your scheduled move date.
Rent in Advance pre-tenancy
We require you to pay the balance of the first month’s rent before taking occupancy (or unless otherwise pre-agreed a higher amount). The balance is determined by the remaining amount of the first month’s rent, less the amount you have paid to secure the property, not including the administration and referencing charges. This will be collected one week ahead of your scheduled move date.
Change of Occupant
In order to change an occupant to an existing tenancy at the landlords full discretion, a fee of £420 Incl VAT will be required for administration, referencing and right to rent checks to be performed pre-tenancy. Payment of this charge does not constitute the granting of a tenancy and is non-refundable.
End of Tenancy
At the end of your tenancy you are required to return the property in the same cleaned condition as noted in your inventory, compiled at the commencement of tenancy. Following a Check out inventory process at the end of your tenancy, the independent inventory clerk will ascertain whether further cleaning is required, which you may be liable for additional costs.
Early Termination of Tenancy
To pay the cost of early termination of the Tenancy outside of any contractual obligation, (calculated at xx% plus VAT at the prevailing rate x remaining months of the Tenancy to the end of the contractual term) subject to the Landlords consent, to cover the costs of the re-letting of the Property and/or commission incurred by the Landlord.
Please speak to our lettings team for further information.