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Tenant fees

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Our fees and charges explained

You have found your new home, and your offer has been accepted. As we start to process your application you need to be aware of your tenancy charges. Please bear in mind that these may vary depending on the agreement we have secured with the landlord.

Referencing charge - The cost of referencing includes an employment reference and potentially a previous employment reference, current and past landlord references and a credit status check. Manors employs an independent third party to check references. £36 per person
Tenancy agreement charge - Provision of a tenancy agreement, including any specially negotiated clauses, arranging for the agreement to be signed by both parties (executed by Manors), and copies exchanged. £240
Security deposit - The security deposit is held against any damage or cleaning of the property required at the end of the tenancy, and subject to the checkout report. Usually 6 weeks rent
Holding deposit - The holding deposit is payable to remove the property from the market. This amount is deducted from your first month’s rent, and is due before your tenancy start date. Usually 4 weeks rent
Renewal memorandum - Negotiating the tenancy renewal, issuing the memorandum to the agreement to be signed by both parties, and executing the memorandum. £156
Change of tenants - Negotiating the change of tenants, provision of a new tenancy agreement, arranging for both parties to sign the agreement (executed by Manors), and copies exchanged.. £240
Future reference - Providing a reference for a future landlord or letting agent. £36
Inventory checkout - This is paid by the tenant at the end of the tenancy. Charges will vary depending on the size and furnishing of the property. (NB: The check-in inventory is normally paid for by the landlord). Depends on the size of the property and furnishings

"Gemma was very helpful in finding me a flat which I adored. During my stay she was always here for any concern. If i had to do it again ill go through her for sure."

Jun 2018 - Ms Salutare, W2 | Read More

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