WHAT FEES CAN I EXPECT TO PAY IF I RENT PROPERTY WITH LAWLORS?
When you have agreed on the property of your choice, Lawlors will provide you with an offer acceptance form. This helps explain not only the next stages of your application but any fee which is due before you sign your Tenancy Agreement and any fees which may become payable during and after the tenancy. This will also include confirmation of the agreed rent and the security deposit.
Below is a list of our current fee scales. This list is a guide only as many vary depending on the size of the property. At any time you are interested in a property, please ask a member of staff for a full breakdown of fees that may be payable before, during and after a tenancy.
Most fees shown are Inclusive of VAT at 20%*
|Tenant Expenses (inc VAT)|
|First months rent||(subject to Landlord)|
|Deposit||Minimum one months rent|
|Administration Fee||One week's rent + VAT|
|Full referencing fee||£144 per tenant|
|Part referencing fee||£60 per tenant|
|Guarantor referencing fee||£144 per guarantor|
|Guarantor agreement fee||£150|
|Company referencing fee||£144 per company|
|Additional Expenses (inc VAT)|
|Additional copy of tenancy agreements||£25|
|Change of sharer||£250|
|Missed appointments charge||£30|
|Outgoing reference fee||£35|
|Locksmith administration and attendance charge||£100|
|Inventory||On occasion, some landlords may ask for a contribution towards inventory or check out appointments|
All charges listed above are the maximum fees that will be applied depending on both your circumstances and the number of tenants. At Lawlors we aim to be as transparent as possible when disclosing any changes or fees. Please bear in mind charges such as seasonal promotions do occur so contact our lettings branch directly for an accurate assessment of your rental needs. The up front fees will be detailed in the Tenant Offer Acceptance Document and must be paid by debit card or credit card; if you use a credit card there will be a 3% additional charge to cover the costs.
A draft tenancy agreement is available in any branch for a prospective tenant to read prior to the commencement of a tenancy. Lawlors lettings will operate in its own name when providing administrative support.
Tenancy application / references
When a suitable property to rent has been found all persons aged 18 of over will sign a tenant offer acceptance document and will be named in the tenancy agreement. We will take references on behalf of our client, your landlord, which may include a bank reference for which your bank may charge a nominal fee, a credit reference, a employers references, and accountants, and a previous landlord reference. An administration and referencing fee is required when you submit your application and is held against expense and fees incurred. If your application is success this payment will be deduced from your initial money. The payment is non-refundable should your application be unsuccessful or withdrawn. Please note that this payment in advance does not constitute a tenancy or offer of a tenancy but a payment of administration or referencing and is proof of your serious intention to proceed.
Before any tenancy begins you will sign a tenancy agreement setting out the landlords and tenants obligations. A charge of £250 is made for the preparation of the original agreement and a further £100 for any extension agreement (s) subsequently entered into. One the tenancy agreement has been executed by you and the landlord it is binding. Should your circumstances change and the tenancy agreement need amending at any point during the tenancy, you must inform us and , subject to your landlord agreement ( which might include the need to take up new reference).
We will prepare new documents for signature. Our free for this will be £300 plus any applicable referencing.
Before your tenancy commences you will be required to pay a deposit which will be a minimum of one month rent. This deposit will be held with us as stake holders or paid directly to your landlord. The deposit is held against any damages or expenses arising during the tenancy and will not be released until after you vacate the property, all rent has been paid up to fate and we have written confirmation of any costs for damages from both parties. No interest on the deposit is payable to either party.
Tenancy Deposit protection
When you pay a deposit your landlord or agent must protect it using a government authorised tenancy deposit scheme. This is to ensure you get all or part of your deposit back when you are entitled to it and any disputes will be easier to resolve. Within 30 days of paying your deposit you landlord or agent is required to give you details of how your deposit is protected. This includes the contact details of the tenancy deposit scheme and what to do if there is a dispute at the end of the tenancy.
When do you sign and what do you pay?
Once acceptable reference have been received an approved a date will be agreed for the commencement of your tenancy . It is essential that you sign the tenancy agreement and pay the initial money as stated on your tenant offer acceptance document which will be proceed by a member of Lawlors staff on payment of your administration and administration fee.
All rent is payable in advance by standing order. Please note that all standing order payments should be made three days prior to your rent due date to allow for clearance. Should you experience any financial problems during the course of the tenancy it is essential that you contact us immediately.
The Agents Obligations
Our obligations will vary depending on which of the following services we provide for your landlord;
- Let only Service- Tenant to contact the landlord for everything after the move in date
- Let and Rent Collection- Tenant to contact the landlord for any maintenance issues after the move in date and Lawlors for any rent queries.
- Fully managed service- Tenant to contact Lawlors for any matters regarding the property.
You will be advised which of the above applies prior to your tenancy commencing, but should you need further details regarding a specific property, please contact your local branch.
- Property Visits – Properties may be subject to visits. The purpose of these is check the condition of the property, its cleanliness , garden maintenance and the way in which the tenancy is being conducted generally. A mutually agreeable appointment will be made in advance with the tenant.
- Pets - Should you wish to keep one or more pets in the property we will negotiate this individually with your landlord, and include a specific clause in your tenancy agreements. The landlord might choose to increase your deposit.
- Council Tax – it is the tenants responsibility to pay the council tax directly to the local authority.
- Insurance - the tenant is responsible for insuring his/her own personal effects and furnishings.
- Burglary – Should the property be burgled during the tenancy, you should contact the police.