Tenant Set Up Fee
£390 inc vat per person/couple, £110inc vat per additional person/guarantor. Pet application fee of £60inc vat.
£50+vat (£60inc vat) Permitted Occupier. £500inc vat per company
We are registered with the Deposit Protection Service (DPS). A deposit equal to one and half month's rent will be required (some landlords require the equivalent to 2 month's rent). If you have a pet, a minimum of two month's rent will be required for the deposit.
All payments must be paid via direct transfer or set up a standing order into our account. Failure to do so will incur penalty charges, cash being paid into the company bank account will incur a charge of £42inc vat. If this is not possible to pay directly into the bank, we will accept cash paid into the office. Rents must be cleared through the bank in cleared funds on or before the rent payment date, so you do not incur penalty for late payment of £30+vat (£36inc vat).
Should we need to carry out a re-inspection on the property, due to not being satisfied with the property on the inspection, we will charge of £50+vat (£60inc vat) to the tenant.
Renewing the Tenancy:
If your landlord is happy to renew your tenancy we will offer you a renewal in writing (usually for 6/12 months). The renewal fee is £75 + vat(£90inc Vat) per property. Periodic extensions requests will be considered under certain circumstances at a charge of £25+va(£30onc vat).
If on a joint tenancy a party wishes to leave and be replaced by another, the new applicant must be referenced successfully and added to the agreement. The fee for this is £250 + vat (£300inc vat) (this includes £175+vat (£210inc vat) referencing charge and £75+vat (£90inc vat) new contract administration fees).
Or should there be changes in your circumstances inc visa's expiring during the tenancy, the applicant must be referenced successfully at £175+vat (£210 inc vat)
Upon renewal you will be issued with a copy of the new agreement; further copies of any tenancy agreement can be provided at a cost of £25+vat (£30inc vat) each.
Landlord Reference Fee:
If you require a reference from Inspired Lettings for a future tenancy with another agent/landlord there will be an advance fee payable of £30+vat (£36inc vat) per reference request.
End of Tenancy:
A check out will be conducted at the property which will determine the return of your deposit. Providing the property is handed back in a good condition (as per the inventory report, with no dilapidations above fair wear and tear) and the rental account is in arrears the deposit will be returned in full via The DPS. Please note; throughout the tenancy the deposit cannot be used to cover rental arrears or the final month’s rent payment. A check out fee of £50+vat (£60inc vat) is due at the start of the tenancy, however should any work for dilapidations above fair wear and tear be required at the end of your tenancy Inspired Lettings will make an charge of £50+vat (£60inc vat) for arranging with contractors to carry out the required works. Along with any rent due will be pro-rata if liable for any additional days.
Early Release from Tenancy:
Once you have signed your tenancy agreement you are legally bound by the terms and are responsible for rent until the end of the tenancy. If your circumstances change and you wish to bring the tenancy to an end before the expiry date you must contact us in writing with all tenants signatures. We will then approach your landlord and request consent. Should consent be granted we will confirm this in writing, along with confirmation of all the relevant charges associated with early termination (this will include loss of revenue to the landlord and all associated new tenancy administration fees minimum charge will be £450+vat (£540inc vat)). You will also remain liable for rent due, utility charges and day to day upkeep of the property until a new tenancy commences.
If you lose or misplace your keys during a tenancy we will arrange for a key to be cut from our management set with a charge of £10 per key. If keys are missing at the final check out, you will be charged for a full property lock change and 2 full sets of keys.
Client Money Protection
Currently there is no legal requirement to have this insurance in place and at present we do not have a policy for this
We trust the above is clear and comprehensive but if any part is unclear, please ask and we will explain further