Tenants Charges (all charges inclusive of VAT where applicable)
Holding Deposit:
Minimum of 2 weeks’ rent will be requested upfront as a sign of your commitment. Once received we will process
the tenant application for the property and start on the referencing. Once the report has come back satisfactorily,
the property will be withdrawn from the market and all outstanding viewings will be cancelled.
The holding deposit amount will be deducted from your first month’s payment of rent before the move in date.
Tenancy Security Deposit:
Usually 6 weeks rent (This may change depending on the landlords’ circumstances or if pets are added to the tenancy)
| Price Standard Tenancy |
Price Rooms short lets |
|
|---|---|---|
| Administration fee per person | £95.00 | £45.00 |
| Referencing fee per person | £50.00 | £50.00 |
| Guarantor fee per person (if required) | £60.00 | £60.00 |
| Tenancy Agreement Fee (Drawing up Tenancy Agreement) | £95.00 | £25.00 |
| Late rent fee | £20.00 | £20.00 |
| 2nd Warning letter for late rent sent 14 days after rent due (only applicable if the rent is 14 days late). |
£30.00 | £30.00 |
| 3rd Warning letter for late rent sent 21 days after rent due (only applicable if the rent is 21 days late). |
£60.00 | £60.00 |
Inventory & Check in Fee
| Property Type/Size | Inventory + Check in |
|---|---|
| Studio Furnished | £95.00 |
| 1 Bed Furnished | £125.00 |
| 2 Bed Furnished | £150.00 |
| 3 Bed Furnished | £175.00 |
| 4 Bed Furnished | £195.00 |
| 5 Bed Furnished | £215.00 |
| 6 Bed Furnished | £250.00 |
Tenancy Renewal Fee
| Property Size | Fee |
|---|---|
| Studio | £95.00 |
| 1 Bed | £95.00 |
| 2 Bed | £95.00 |
| 3 Bed | £95.00 |
| 4 Bed | £115.00 |
| 5 Bed | £125.00 |
| 6 Bed + | £250.00 |
Replacing a tenant during fixed term of the tenancy the following fee will apply
| Administration fee per person £95.00 |
Referencing fee per person £50.00 |
Tenancy Agreement (Draw up new agreement) fee £90.00 |
PLEASE NOTE: The holding deposit is NON-REFUNDABLE and will be forfeit as liquidated damages in the event that you withdraw or otherwise fail to take up the tenancy on or by the proposed tenancy commencement date. If however, Burgeon Properties or the Landlord declines to grant the tenancy for any reason a full refund will be issued unless failed referencing due to misleading or undisclosed information which results in failed credit referencing then reference fee and 50 % of administrative will be chargeable.
Burgeon Propeties is not registered with Client Money Protraction (CMP)