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Tenants Fees Explained

Below is a brief breakdown of our standard tenant fees and also a note on some which may apply depending on the circumstances. For more information about these fees please contact our Lettings Department direct on 01793 431725 or by email at enquiries@richardjames.info

Initial administration fee

What is covered?

  • Referencing (which is likely to include a credit check, employer check (or accountants report of provision of SA302 Self Assessment form if self employed), current or previous landlord check, and any other information that may help assess the affordability of the tenant.
  • Drawing up the Tenancy Agreement.
  • Drawing up the Inventory & Schedule of Condition.
  • Move out inspection at the end of the Tenancy.

£375.00 (including VAT) for up to two tenants
£75.00 (including VAT) for each additional tenant

Other fees which may apply

Guarantor – Depending upon your individual circumstances and the recommendations of our referencing agency you may be required to provide a Guarantor.  Your Guarantor would be referenced to ensure that they have sufficient financial standing s to cover the overall rental commitment in the event that you, as the tenant, are unable to pay your rent.  The fee is payable in respect of each Guarantor

£75.00 (including VAT) for each Guarantor

Tenancy Renewal/Extension 

£90.00 (including VAT)

Addendum to Tenancy Agreement

£60.00 (including VAT)

Change of Sharer 

£150.00 (including VAT)

Our Marriotts office in Faringdon is now back open and we are able to carry out valuations, viewings and site meetings by appointment, following strict government guidelines for the safety and protection of all parties.  Interest in properties has remained high throughout the shutdown, and we now find there is even more interest in both residential and commercial sales and lettings.

 

If we can be of any assistance, please call our office in the first instance, on 01367 242422, or alternatively you can call Andrew Brown on 07971 410312 or Juliet Souter on 07770 640080