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Tenants Fees Explained

Below is a brief breakdown of our standard tenant fees and also a note on some which may apply depending on the circumstances. For more information about these fees please contact our Lettings Department direct on 01793 431725 or by email at enquiries@richardjames.info

Initial administration fee

What is covered?

  • Referencing (which is likely to include a credit check, employer check (or accountants report of provision of SA302 Self Assessment form if self employed), current or previous landlord check, and any other information that may help assess the affordability of the tenant.
  • Drawing up the Tenancy Agreement.
  • Drawing up the Inventory & Schedule of Condition.
  • Move out inspection at the end of the Tenancy.

£375.00 (including VAT) for the first tenant
£75.00 (including VAT) for each additional tenant

Other fees which may apply

Guarantor – Depending upon your individual circumstances and the recommendations of our referencing agency you may be required to provide a Guarantor.  Your Guarantor would be referenced to ensure that they have sufficient financial standing s to cover the overall rental commitment in the event that you, as the tenant, are unable to pay your rent.  The fee is payable in respect of each Guarantor

£75.00 (including VAT) for each Guarantor

Tenancy Renewal/Extension 

£90.00 (including VAT)

Addendum to Tenancy Agreement

£60.00 (including VAT)

Change of Sharer 

£150.00 (including VAT)

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  • Access to an expert lettings management team that can help iron out both the initial and on-going stages of the letting.