FEE SCHEDULE
Wall Lets are members of the ombudsman services
All charges are exclusive of VAT.
Offer Stage Fees
Holding deposit / Reservation fee – is equal to 1 weeks rent
All offers are subject to contract and the holding deposit will be held against our expenses in processing your application. Please be aware that if you make an offer which you later withdraw, or which is aborted due to poor references or false information, then you may lose all or some of the above or if we incur a loss due to the purchasing of an item for you such as a bed.
If your offer is accepted then the holding deposit paid will be set off against your first rental payment.
Rent Payment & Late Rent
After your initial rent payment, subsequent monthly rent payments will be by direct debit. If your direct debit fails for any reason or has to be collected by any other collection method, there will be an administration fee of £25. (Legal recovery fees are separate to those charged by Wall Lets)
Renewal Fees & Changes
No renewal fee is charges when a tenant wishes to extend/renew the tenancy, provided there are no changes to the named tenants on the original tenancy agreement
If you need to change a named tenant on the tenancy agreement during the tenancy, then each new tenant will have to be referenced. The replacement tenant may require a Guarantor which will be at the discretion of the Landlord.