Hamilton Piers are transparent with charges made to tenants which are linked to an application for a tenancy, these are summarised below:
- Single Tenant £240 inc VAT
- Each Additional Tenants £120 inc VAT
- Guarantor £120 inc VAT
- Company Let £240 inc VAT
These charges incorporate all related costs of processing an application for a tenancy including referencing and are payable at commencement of the application process. At any time during the application process should tenants decide not to proceed or fail referencing, then application fees are not refundable.
If a landlord withdraws then 75% of the application fee will be refunded to the tenants. The balance will be retained by Hamilton Piers covering costs already incurred for referencing and processing the application.
All referencing is undertaken by Property STOP Ltd on behalf of Hamilton Piers.
Where a Guarantor is required a charge of £120 inc VAT per Guarantor is applied. This becomes payable following receipt of the tenant's references and when the Guarantor completes the relevant application form.
In the event of the tenancy not being finalised for any reason or the replies to referencing proving unsatisfactory, such charges are not refundable.
We charge tenants £120 inc VAT for a tenancy renewal but do not charge fees for inventory reports or check out inspections.
For any further information feel free to contact our Lettings Department on 01376 341 141