As of the 1st June 2019 tenants fees have been abolished.
Tenant Application Information:
R&R Properties must have permission in writing from prospective tenant(s) to carry out a reference check. A holding fee (equivalent to 1 weeks rent) is required whilst reference checks and credit checks are undertaken.
Terms & Conditions of the Holding Fee:
After relevant checks are taken and tenants are approved, the holding fee is either returned to the tenant(s) or put towards the security deposit.
If referencing and credit checks of a tenant are declined (for reasons that may not be fully specified to R&R Properties), the holding fee is normally returned. But this is judged case by case.
A holding fee is retained by R&R Properties in the following cases:
- Tenant(s) provides false or misleading information
- Tenant(s) fails a Right to Rent Immigration check
- Tenant(s) withdraws from a property
- Tenant(s) fails to take necessary and required steps to enter into a tenancy agreement and R&R takes all reasonable steps to do.
Should R&R Properties have to retain a tenant’s holding fee for any of the above reasons, the tenant will be notified in writing within 7 days of R&R deciding not to let the property to the tenants.
An Arrangement Fee will be charged for Company Lets.