Tenants Fees

TENANTS FEES AND CHARGES (as of June 2019)

Below is a breakdown of all the associated costs required in advance, related to letting a
property through Nevin and Wells Residential.

RESERVATION FEE
We will take a reservation fee, on acceptance of offer, to reserve the property and remove
it from our available list, subject to contract and references. Typically the equivalent to
£100.00 per tenant. Should tenant withdraw from purchase or fail referencing, this is nonrefundable.
Acceptance is subject to contract and references. This fee does not oblige the landlord to
let, nor does it create a Tenancy Agreement between both parties. This amount is then
deducted from the security deposit and used towards it.

REFERENCES
All tenants and guarantors will be referenced and this service is free.

SECURITY DEPOSIT
An amount equivalent to five weeks rent is required.
TENANCY AGREEMENT
A Tenancy Agreement will be drawn up. Please note that all named tenants on the tenancy
agreement will be required to sign all documents prior to commencement of the tenancy.

RENT
Is payable monthly in advance by Standing Order from one bank account only.
CLEANING SERVICES
If the property was professionally cleaned you will need to pay for one to be done when
leaving, we can recommend a company we trust and have used for several years.
£50.00 CHARGES TO TENANTS
For additional key to be cut plus cost of key.
For additional copies of contract/AST.
Master Keys will no longer be released to Tenants but Nevin and Wells will get keys cut
and a call out fee will apply.
Allowing Tenants to access property (in event of loss of keys).
Amendments to contract after tenancy has commenced. E.g. change of name etc.
Lost contract and additional copy provided.

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