×

Contact us today

Please enter your first name.
Please enter your surname.
Please enter your telephone number.
Please enter a valid email address.
Please provide some details about your enquiry.
 
Hero image 1

Luton | Tenant Fees

BELVOIR LUTON – TENANT FEES

Tenancy Agreement/Administration Fee - £210 Inc. VAT

This charge covers the cost of preliminary paperwork, including

preparation of the tenancy agreement. It is payable in full prior to

negotiations commencing with our client and is charged on a per property

basis – not per person. In the event that negotiations are unsuccessful

and your offer is not accepted by our client it will be refunded in full.

 

Referencing Charge - £90 Inc. VAT per person or £360 inc VAT per company

This charge is payable by each person or company named as tenant on the

final tenancy agreement to cover the cost of referencing. Referencing

is carried out by an independent referencing agency including

establishing the right to rent in the UK. The charge will not be refunded

if negotiations are unsuccessful and references have been undertaken.

 

 

Other funds you should allow for

Payment of Intent/Holding Fee – To be agreed with you

We may require a payment of intent as confirmation of your intent to

proceed with the proposed tenancy. This will be put towards your first

rental payment and will only be refunded if our client elects not to proceed.

Payment of this sum does not constitute the granting of a tenancy.

Rent in Advance – 1 Month

Under the terms of most tenancy agreements you will usually be required

to pay 1 months rent in advance prior to commencement of the tenancy.

 

 

Deposit – Equivalent to 6 weeks rent

The deposit is held to protect your landlord from you not meeting your

obligations under the terms of the tenancy. Whilst you should check the

tenancy agreement for details specific to your tenancy, it will likely be held

by us as stakeholder and protected under The Deposit Protection Scheme (The DPS)

This means that no deductions can be made until you and the landlord have

reached an agreement or there is a judgement by the courts or a the DPS scheme.

 

Charges if you renew your tenancy

Renewal of Tenancy Agreement - £78 Inc. VAT

This charge covers the cost of preparing a document that

confirms the details of renewal (if any) where the basic terms remain largely unchanged.

 

Other Potential Charges

Late Payment Fee - £30 Inc. VAT

This charge is payable on each occasion that an individual

rental instalment is overdue by five working days

 

Charges at End of Tenancy

Check Out Fee – £78 inc VAT

This charge is to cover the cost of meeting our Inventory Clerk to prepare the Check Out Report, agreeing the condition at the end of the Tenancy.
 

Belvoir Luton are a member of NALS (National Approved Lettings Scheme) which means we have Client Money Protection, Professional Indemnity Insurance and a designated client bank account.

We are also members of The Property Ombudsman and Safe Agent.


We Hold client moeny protection through NALS. To view our certificate, please click here.