Applicant Tenant Fees – PJC Homes

Applicant Tenant Fees

PJC, are Licensed by Rent Smart Wales, is a member of ARLA Propertymark, The Property Ombudsman and is regulated by RICS.

Client money protection is provided by RICS

(All fees listed below are inclusive of VAT)

 

Payable by all applicants:

 

  • Set up Fee (for the first applicant)                                             £215 (per application)

(Inc identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers/ Landlords and any other relevant information to assess affordability for the first applicant – as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement)

  • Additional Tenant Fee                                                                 £75 (Per adult over 18)

(Processing the application, associated paperwork and referencing)

 

Special circumstances:

 

  • Guarantor Fee (if required)                                                         £75 (Per Guarantor)

(Covering full referencing and preparing the Deed of Guarantee as part of the AST. A guarantor is required if the applicant is in receipt of housing benefit; the applicant does not have sufficient income, ie 2.5 times annual rent, the applicant has a poor credit score (under 500)

  • Pet Bond                                                                                     £100 Per Pet (No VAT)
  • Bond                                                                                            Equivalent to 1 months’ rent (No VAT)

(To cover the added risk of property damage. This will be protected with your security deposit in a government-authorised scheme and may be returned at the end of the tenancy)

  • Nil Deposit (see information on Nil deposit option)                      Equivalent to 1 weeks’ rent
  • Saturday Move in Charge                                                            £45
  • Express Move in Charge                                                             £60

(move in within 7 days subject to written availability and referencing and receipt of all relevant documentation)

  • Fees to Change a Move in Date                                                 £30

 

Charges during Tenancy:

 

  • Tenancy Renewal Fee                                                                £72

(only due if a new term is requested after any previous fixed term)

(Contract negotiation, amending terms and updating your tenancy agreement and account)

  • Release fee for ending your tenancy early (if agreed)              £240

(Attending the property to carry out a check out and return of the deposit and administration/ compensation costs towards Landlord fees – payable to the Landlord)

  • Future Landlord Reference Fee                                                 £18

(Collating information and preparing a reference for a future Landlord or Letting Agent)

  • Breach of Tenancy Letter                                                            £30
  • Preparation and Serving of notice for breach                             £60
  • Wasted contractor/ staff visit                                                       £30
  • Non cancellation of standing order (after tenancy)                     £30

 

Please note that fees are non-refundable if you change your mind or references fail for any reason (e.g. poor credit history, income to rent ratio, unable to obtain a suitable guarantor) WE ARE UNABLE TO ACCEPT CREDIT CARD PAYMENTS.