Tenant Fees


Tenant Fees


Initial tenancy set up fees


In order to reserve a property, a reservation fee will be required. This is equal to half of one month’s rent for the property and an administration fee of £200 plus VAT (£240 inclusive of VAT) for each tenant.


In the event that the credit and reference checks come back unsatisfactory, please note that this fee is non-refundable.


If a guarantor is required, this will attract an additional fee of £200 plus VAT (£240 inclusive of VAT) in order to carry out reference checks.


Security Deposit (which will be registered with a Government backed Tenancy Deposit Scheme) – this is equal to four weeks rent, however if the Landlord has agreed to allow a pet at the property, then the deposit will be equal to 6 weeks rent. Some landlords may also request a deposit equal to 6 weeks rent as standard.


Additional charges during the tenancy


Adding an additional tenant to the tenancy will attract a fee of £75.00 plus VAT (£90 inclusive of VAT) for the preparation of a new lease and £200 plus VAT (£240 inclusive of VAT) for each additional tenant to enable references to be obtained.


Overpayments of rent will attract a £10.00 plus VAT (£12 inclusive of VAT) administration fee.


To provide a reference to a third party at the end of the tenancy will incur a fee of £25 plus VAT (£30 inclusive of VAT) for each reference.


If you are a prospective tenant and you have any questions about our tenant fee structure, please contact our office on 01454 540 300 and speak to Kate or email us at lettings@bundyandbond.co.uk.



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