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Tenant Fees

Tenant Fees

Netlett does not charge any administration fees, contract fees or tenancy agreement fees to tenants.

Should a landlord opt for a professional reference check through Netlett then there is a £49 referencing charge to each tenant and £49 to each guarantor. This is payable upfront and is non-refundable once the referencing process has begun.

The referencing process for each tenant may consist of some or all of the following checks:

  • ID (Passport or UK Driving Licence)
  • Visa status, if applicable
  • Credit checks
  • Confirmation of employment
  • Affordability checks
  • Obtaining landlord reference
  • Letter from Chartered Account, if self-employed
  • Bank statements
  • Payslips
  • Letter from University or College, if student

The referencing process for each guarantor may consist of some or all of the following checks:

  • ID (Passport or UK Driving Licence)
  • Visa status, if applicable
  • Credit checks
  • Confirmation of employment
  • Affordability checks
  • Letter from Chartered Account, is self-employed
  • Bank statements
  • Payslips
  • Proof of home ownership (Land registry copy or mortgage statement)

Reserving a property

Once you’ve viewed a property and decide it’s the one you want to go for the landlord may ask you for a reservation fee or holding deposit to take the property off the market. Should this be the case you need to decide an amount with the landlord and make sure you agree the terms in writing if what this reservation fee or holding deposit is for.

Should the landlord opt for Netlett to take the reservation fee you will be sent a reservation fee agreement to sign and then we will ask tenants to pay a reservation fee of £200. In addition to this, tenants will be asked to pay the referencing charges up front. The £200 reservation fee will then be deducted from the first month rent.

Other costs to consider

Inventory check-in and check-out cost fees are to be considered and are a very important part of the process for both landlords and tenants. Although there is no legal obligation on the landlord to have one compiled, it is highly recommended. The cost of this is dependent on the size of the property and is usually split where one party pays the check-in cost and other party pays check-out cost.

In the unfortunate event where there is a dispute between the landlord and tenant this piece of document could save both parties a huge amount of time, stress and money. The report usually consists of a detailed description of the property and lists its content and condition supported by photographs. Furthermore meter readings are noted so you only pay for what you use. Even in an unfurnished property there are a lot of things to consider such as the floor, walls, ceilings, fittings, white goods, kitchen cabinets, bathroom tiling and fittings, window coverings, windows, doors.

Should you have any further queries regarding this please do no hesitate to contact a member of staff on 0330 122 9775.

Remember by renting with Netlett you are in safe hands. Netlett are proud members of the Association of Residential Letting Agents (ARLA) which helps maintain high standards within the industry and follows a strict code of practice. We offer reassurance and peace of mind for our customers with a separate client account and are members of Property Redress Scheme (PRS).

Please click here to read some of our testimonials from satisfied customers, both landlords and tenants.

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