If you choose to apply for a rented property through Jackson-Stops, in addition to the rent, prior to the commencement of the tenancy you will be required to pay the following:
Administration and referencing fee: £75.00 per applicant
Renewal of Tenancy Fee: if you decide to renew your tenancy agreement after the initial term, there will be a further charge of £100 plus VAT (total £120) for the preparation of the tenant's renewal documentation.
Security Deposit: all rental properties require a deposit to be taken and held as security throughout the term of the tenancy. It is registered and protected with The Dispute Service and returned to you after the end of the tenancy, less any agreed deductions. Your deposit is usually the equivalent of six weeks rent.
Inventory check out fee £70.00 plus VAT (total £84.00) which is usually taken from your Deposit at the end of the Tenancy.
Rent: this is payable in advance - usually calendar monthly or quarterly.
At the end of the tenancy you may be responsible for the cost of a professional clean.
Payment of intent: when you apply for a tenancy of a property you will be asked to make a Payment of Intent of half the first months rent. This will be offset against the initial monies required before the commencement of the tenancy. This payment formalises your intent to proceed with an application for a tenancy subject to contract. Should the Landlord withdraw for any reason other than inadequate references then the Payment of Intent will be refunded in full. Should the reason be for inadequate references then the Payment of Intent will be refunded less the Administration and Referencing Fee detailed above £75.00 per applicant.
Please speak to your local office if you require further information about these charges.