When you apply to rent a property that Andrews is marketing, it is important that you are understand and are aware of the fees that you will need to pay at the start of the tenancy and also any that may become payable during your tenancy.
An explanation of the fees that are detailed on each property is provided below. These fees are payable in addition to the rent and dilapidations deposit payable on your tenancy. All fees (where applicable) are inclusive of VAT.
Fixed Admin Fee
Referencing the tenant (identity, immigration and visa confirmation, financial checks, obtaining references from current or previous landlords/employers and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy
This fee is only charged if a Guarantor is required and covers the cost of referencing.
Tenancy Agreement Fee
Preparing the tenant’s part of the tenancy agreement. Arranging the signing, dating and execution of the agreement. Preparing the Section 48 Notice of Address for Service and sending copies to all parties.
Company Reference Fee
A Company or Business Reference Fee.
Tenancy Extension Fee
The fee payable for administering the extension of the tenancy and preparing the extension Tenancy Agreement.
Third Party Reference Fee
A charge for preparing a reference for a Tenant when requested by an alternative Agent.
Replacement Tenant Fee
A charge made in order to administer a Tenant leaving and being replaced by another Tenant.
Check in Fee
The fee payable to arrange the check in report when the Tenant(s) move into the property.
Check out Fee
The fee payable to arrange the check out report when the Tenant(s) vacate the property.
Pet Disclaimer Fee
An additional fee payable should the Landlord agree that a pet may reside at the property.
Change Move In Date Fee
A charge made if a Tenant wishes to change the original agreed move in date.
A non refundable deposit paid by a Tenant in order to secure a property whilst the administration takes place. If the let proceeds, this fee is refunded.
A deposit is paid by a Tenant at the commencement of a tenancy and is held, usually by Andrews for the duration of the tenancy. At the end of the tenancy, it is dealt with in accordance with the terms of the Tenancy Agreement.