Tenancy Fees


Standard Administration / Agency Fee

All our prospective clients charged a 1 week’s rent administration / agency fee which includes the following services:
  1. Full reference check carried out by FCC Paragon
  2. Drafting of the assured shorthold tenancy agreements
  3. Inventory report with dated pictures
  4. Receipts & invoices during the rental process
  5. Check out report is included if we are instructed as managing agents
The agency fee is not charged per person and the 1 weeks rental fee would cover all clients moving into the property.


Contract Renewal Fee:

We do not charge any fees for renewing a tenancy but if there is a change of tenant then we would charge a £75.00 fee for changing the agreements as we would also need to complete a new reference check.


Holding / Securing Deposit:

Once terms have been agreed we require a minimum fee of 1 weeks rent holding deposit to take the property off the market while we carry out the reference checks. This amount would be taken of the total amount needed to pay before moving in and if you change your mind or fail the reference checks then the deposit is non-refundable, if for any reason the landlord decides not to rent the property then the deposit is fully refundable.


Tenancy Deposit:

We require a 1 months rent deposit to be paid prior to the commencement of the tenancy and if Varosi manage the property all our deposits are protected with the Deposit Protection Service (DPS) www.depositprotection.com


Early Termination

All tenancies are a legal binding agreement which is set for a set term, if for any reason you need to leave the property before the expiration of the tenancy you will be responsible for the term remaining within the tenancy and any commission Varosi have charged the landlord unless you exercise your break clause within the tenancy and correct notices are given. 


End of Tenancy Clean

At the end of the tenancy the property must be professional cleaned as given at the beginning of the tenancy, the cleaning prices can vary for the size of the property and the amount of cleaning required. We have cleaners that can be used and the charge between £12-£14.00 Per Hour.


Rental Payments:

The first months rental payment needs to be paid in advance prior to the beginning of the tenancy with further payments must be paid on the due date paid by bank transfer unless otherwise agreed. The full rent must be paid by a single standing order and we are unable to accept multiple standing orders. If rental payments are paid by cheque and the payment bounces a £25.00 fee is chargeable to the tenant.


Insurance:

It is your responsibility to insure your own belongings throughout the tenancy in case of damage of theft.


Damages & Breaking contract clauses

During the tenancy and upon moving out of the property you are responsible for baring the cost of any malicious and accidental damage caused to the property but you are not responsible for general fair wear and tear. The cost of the damages may be taken from your deposit at the end of the tenancy or may need to be paid during your tenancy if problems accrue within your term.


Client Money Protection:

Varosi would like to confirm that they have a client money protection account in place