Tenant Offer and Charges
fw Estate Agency aims to make letting a property as easy and straightforward as possible by providing you with all the information you need to make your move a pleasurable experience.
Once you have found a property we will advise you of the charges and provide you with a Tenancy Proposal Statement. This will set out the process and any fees or charges payable prior to signing the tenancy agreement, including the first month’s rent and security deposit.
Checking your affordability
Rental Affordability Calculator
Putting Forward Your Offer
Holding Charge:
Once you have found a property, you will be required to pay an initial holding charge calculated at 1 weeks rent for application. The property will stay on the market until this has been received. You agree that the holding deposit will be put towards the first months’ rent. fw Estate Agents will retain the holding charge If you pull out of renting the property, fail a right to rent check, provide false or misleading statements and If you have been unable to exchange signed contracts within 15 calendar days of taking a holding deposit due to you not being able to sign contracts. The 15 calendar days can be extended by any period, provided you have mutual written agreement from yourself and the landlord
To put forward an offer on your chosen property please fill in the form below
Tenancy Offer Form
Please fill in and submit form and we will be in contact ASAP
Referencing:
All tenants will need to pass the following referencing process to qualify for the chosen property
Attend an appointment face to face with their Passport, Visa if required or alternative Right to Rent documentation. and proof of address (bank / utility bill) address dated within the last 3 months
Positive landlord references or proof of ownership where applicable
minimum of 6 months continuous full time current employment e) earnings a minimum 2.5 times share of rent
A good credit history – no CCJ’s, bankruptcy, IVA’S etc
Satisfactory character reference. In cases where a guarantor is required, they will also be required to pass above criteria with either salary or savings at least 3 times annual rent amount. Permitted Occupants (all persons over 18 moving in, not named tenants) also need to be referenced, results not dependant on affordability or employment status.
Contracts and Moving-In
Before you move in, you will need to sign contracts and pay your move in monies.
Where possible, an Our inventory company will always come to meet you at the property with you to hand over your keys and take your meter readings.
VAT is calculated at the current rate 20% and is subject to alternation in line with any rate change.
Initial Fees and Charges
| Description | Fee / Charge | VAT | Total |
| First Month’s Rent In Advance | As agreed | ||
| Security Deposit up to £50,000 rent | 5 weeks rent | ||
| Over £50,000 rent | 6 weeks rent | ||
| Tenant Changes | £50.00 | £10.00 | £60.00 |
| Tenant arrears charge default notice | £50.00 | £10.00 | £60.00 |
| Tenancy Surrender plus reasonable costs incurred by the Landlord | £50.00 plus | £10.00 | £60.00 plus |
| Lost keys/security device (plus cost of replacement) management cost | £50.00 | £10.00 | £50.00 |
| Energy efficiency Charges | £50.00 | £10.00 | £60.00 |
*For tenants with pets, the security deposit amount may vary according to the landlord’s requirements.
Possible Fees and Charges During Tenancy
VAT is calculated at the current rate 20% and is subject to alternation in line with any rate change.
