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Lettings Fees Landlord & Tenant

TENANTS

Moretons are members of the Association of Residential Letting Agents (ARLA) and members of the ARLA client money protection scheme.


In addition to the monthly rental and deposit there are other fees to pay, please see below for a breakdown of fees and payments payable at the start of your tenancy and end.

 
Six weeks deposit to be held by Moretons as stakeholder
First month’s rent payable in advance
Agreement Fee £240 Including VAT per tenancy/property
Renewal fee £66 Including VAT (payable each time existing tenancy is renewed)
Credit Reference(s) £36 Including VAT  (per tenant)

Inventory Check Out fee (charged at the end of the tenancy).
Studio/1 Bed - £90inc VAT
2 Bed - £115inc VAT
3 Bed - £140inc VAT
4 Bed - £170inc VAT
(Please note, these prices are from a third party and can change depending on supplier, to be used as reference only)

Professional cleaning (to be paid at the end of a tenancy)

Studio  – from £160inc VAT
1 bed – from £195inc VAT
2 bed – from £230inc VAT
3 bed – from £265inc VAT
4 bed – from £300inc VAT

LANDLORDS
Let only commission – 8% + VAT or 9.6% inc VAT taken monthly from the annual rent payable as long as the tenant(s) reside in the property
 
Full management commission (Moretons handle everything) 12% + VAT or 14.4% inc VAT taken monthly from the annual rent payable as long at the tenant(s) reside in the property
 
Agreement fee: £240inc VAT
 
Renewal agreement fee: £66inc VAT
 
Professional cleaning: Before a tenancy commences the property must be cleaned to a professional standard, the Landlord pays at the start of the tenancy and the tenant at the end.
 
Studio  – from £160inc VAT
1 bed – from £195inc VAT
2 bed – from £230inc VAT
3 bed – from £265inc VAT
4 bed – from £300inc VAT 
(Please note, these prices are from a third party and can change depending on supplier, to be used as reference only)

Check in + Inventory
Studio/1 Bed £163inc VAT
2 Bed £178inc VAT
3 Bed £199inc VAT
4 Bed £219inc VAT
(Please note, these prices are from a third party and can change depending on supplier, to be used as reference only)