When you rent a property via Homebase Property Management the following fees should be taken into account.
Before the Tenancy:
Application /Reservation Fee: One week’s rent ( subject to £250 minimum). This will be refunded upon successful Occupation of the property. If you withdraw from the tenancy or if the references fail the application fee will not be refunded.
If you believe you may have any adverse credit history or CCJ’s it is important you inform us prior to the referencing being undertaken. Failure to do so will risk losing your reservation monies.
Referencing and Admin Fees for 1 person: £300 inclusive of VAT
Referencing and Admin Fees for 2 people: £360 inclusive of VAT
Additional applicants/guarantors: £60 inclusive of VAT
(Includes Tenancy Agreement costs)
Further fees which may apply during or at the end of the Tenancy:
Amendments/Addendums to the tenancy agreement: £60 inclusive of VAT
Early Termination Fee: This is subject to the Landlord agreeing to an early release to the tenancy.
Tenancy Renewal Fee: £90 inclusive of VAT
Inventory Fees: These are variable depending on the size of the property and whether it is furnished or unfurnished. The fees for the Property will be detailed on the Property details or can be confirmed by a member of staff.
Any outstanding fees at the end of the tenancy will be deducted from the deposit.
All our properties can be viewed on our website. You can register your details on the register section at the top of this page.
Once you have decided to rent a property references will be taken and you will need to provide details of your Employer, Landlord and Bank. A credit check will also be carried out and this is done through address history so you will be required to provide proof of address(s) for this period, ie a bank statement, utility bill, mobile phone bill. In certain circumstances a Guarantor may be required.
Upon receipt of satisfactory references we will confirm details of the tenancy and detail monies which will be due prior to the commencement of the tenancy. This will be the first month’s rent, Deposit and fees.
The Deposit is calculated at 1.5 month’ s rent and is held by Homebase Property Management for the duration of the tenancy and registered and protected by the Tenancy Deposit Scheme.
Arrangements will be made for you to come into the office, prior to the commencement of the tenancy, to sign the tenancy agreement and related paperwork. An independent inventory clerk will go through the inventory and schedule of condition of the property, agree meter readings and release keys to you on the day you move in.
At the end of your tenancy an appointment will be made on the last day of your tenancy for the inventory clerk to carry out an inventory check out, agree meter readings and collect all keys to the property – you must therefore be ready to vacate the property. The fee for the check out is paid for by the Tenant, the cost of which will be confirmed to you before the commencement of the tenancy. In certain circumstances this charge may be subject to inflation should the tenancy be for a long period.
If the property is left in good order, wear and tear accepted, we will arrange for the refund of your deposit as soon as possible.