An administration fee is the fee paid by potential tenants once you have chosen a property you would like to rent. The administration fee covers all of the administration involved with setting up your new tenancy. It also acts as a holding fee, once it is paid, the property you have selected will be removed from the market pending references. Administration fees are applicable to any tenant over 18 years.
One tenant: £300.00 inc VAT.
Two tenants: £400.00 inc VAT.
Three tenants: £500.00 inc VAT.
Four tenants: £600.00 inc VAT.
The administration fee is refunded (* minus £50.00 in some circumstances) if the landlord withdraws from the tenancy. It is non-refundable if you withdraw from the tenancy prior to moving in. Please think carefully, assessing all aspects of your move before committing to a tenancy by way of paying the administration fee.