RS Property Solutions Ltd (Fees charged to tenants to rent a property)

Please note that we do charge an administration fee and a reference fee to all tenants if they wish to rent a property that we are advertising.

Administration Fee £250.00 + VAT (£300.00 Inc. VAT)

The Administration fee is for us to draw up the legal tenancy agreement for your tenancy, draw up any guarantor agreement if required, and draw up any renewed or amended tenancy agreements for the entire time you are renting that property. We will also prepare the inventory for the property which gives you an agreed condition report, so yourself and the Landlord are agreed as to the condition of the property at the start of the agreement. This will also be used to compare the condition of the property when the tenancy ends and deciding on any deductions that might be asked for from your deposit. (Your landlord pays the cost of registering your deposit and it will be protected by

Reference fees £70 + VAT Per Person (£84.00 per person Inc. VAT)

The reference fees are charged for carrying out reference checks including right to rent checks, which are required by law, we may carryout previous landlord checks and if required a guarantor check, all these checks are included in the fee charged.

Please note these fees are taken when you agree to let the property and act as non-refundable deposit, as we are reserving the property for you whilst carrying out the required checks. Please make sure you are satisfied that your credit position and all information you have given us about your employment and or previous landlords is truthful and correct. Should you fail the checks or something comes to light that shows you are not suitable for the tenancy due to non-disclose of information, this will result in you losing the fees. Please also note if you simply decide not to take up the tenancy we cannot refund the fees so please be 100% sure you wish to take the property and that you can pass the necessary referencing.

If the landlord cannot proceed to grant the tenancy you will have a full refund of your fees.

Please note after the initial fees detailed above we do not charge tenants any further fees during the time they are renting the property