Our Fees

An ASA ruling has stated that from the 1st November 2013 all Estate Agencies must display all non-optional fees in relation to tenancy applications for a rental property.

Therefore, where specified, the advertised asking rent would not include the tenants’ fees.

Fees vary from tenancy to tenancy and property to property, with the following being non-optional fees that do vary upon circumstance:

BEFORE YOU MOVE IN:

Setup fee (tenants share) £360 (Inc VAT) per property
Referencing tenants (identity, immigration and visa conformation, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information affordability, as well as contract negotiation (amending and agreeing terms) for one property and arranging the tenancy and agreement. The Set up fee will be offset by the referencing fees and application fees as required.
Reference fees
(including credit checks, bank, guarantor, previous landlord, etc)
Approx. £60 inc VAT(for referencing) (offset against the setup fee) per individual referenced charged by the referencing company.

Application fees- £60 inc VAT
to process the application paperwork as advised by the agency.
(offset against the setup fee)

Inventory fees, only check-out and charged at end of tenancy.
Varies for each property (between £70 inc VAT for individual room to approx. £360 inc VAT for whole property, may vary dependent on size of property and

Additional Tenant Fee £144 (Inc VAT) per tenant
Processing the application, associated paperwork and referencing

Guarantor Fee £108 Inc VAT (£90 +VAT) for each
Guarantor Agreement produced, Covering credit referencing and preparing a deed of guarantee as part of the Tenancy Agreement

Permitted Occupier/sub-tenant Fee £ 144 (Inc VAT) per permitted occupier
Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy

Accompanied Check-in Fee £100 (Inc VAT)
To accompany the tenants on check in and go through the prepared Inventory and Schedule of Condition of the property, explaining how appliances function and taking meter readings for utilities and services

Pet Deposit Security deposit would be increased by an additional two weeks rent
To cover the added risk of property damage. This will be protected with your security deposit in a Government-authorised Scheme and may be returned at the end of the tenancy

Security Deposit
Equivalent to 6 weeks rent, registered and protected with a government backed scheme, either by Dendro Ltd or by the Landlord (as per Landlord’s Instructions).

DURING YOUR TENANCY:

Amendment Fee £90 (Inc VAT)
Contract negotiation, amending terms and updating your tenancy agreement during the tenancy

Renewal Fee (tenants share) £72 (Inc VAT) per tenancy
Contract negotiation, amending and updating terms and arranging a further tenancy and agreement

Assignment Charge £240 inc VAT
Should a tenant wish to assign or part with possession of the tenancy, assigning to another authorised person. subject to landlord's consent

Lost Key/s +Administration
Cost of replacement keys (Varies between £20 to £200 [dependent if security key or not]) and £60 inc VAT Administration charge

ENDING YOUR TENANCY:

Check out/Inventory Fee (tenant’s share)
Varies by Property-Subcontractor can confirm, Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit(s). Can Vary between £70 inc VAT per individual room and £360 for a whole Property, dependent on charge by Inventory Clerk

Future Landlord Reference Fee N/A
Collating and preparing a reference for a future landlord or letting agent

OTHER FEES AND CHARGES:

Lost Security Items Cost depending on items lost
Obtaining necessary permissions, sourcing providers and travel costs

Out of Hours Services £100 Inc VAT for 1st hour £50 for each additional or part hour thereafter
When actions of the tenant results in the agent (or nominated contractor) attending the property, time to remedy the situation is charged at the prevailing rate

Unpaid Rent/Returned Payments £45 Inc VAT per payment
Professional cleaning (if required) As per the charge of the cleaning company
Only charged where professional cleaning is necessary to return to the property to the same condition as at the start of the tenancy,

Please do not hesitate to contact our office for further information on 0207 402 3668.