In order to protect the rights of both the tenant and landlord, we require anyone renting through Smart Move to go through some checks, referencing and signing of agreements. Here at Smart Move, we go above and beyond, and our friendly team will be able to guide you through the whole process.
On your first viewing, you will be given an applicant guide by one our team. When you have made an offer, you’ll receive a detailed tenant guide for your benefit.
There are four costs you need to budget for:
We’ve detailed everything below to give you an idea of what to expect.
|Set up (includes one tenant reference, identity and Right to Rent check. Contract negotiation (amending and agreeing terms) and arranging the tenancy)||£285|
|Additional tenant reference checks (including identity and Right to Rent check)||£39 per additional tenant (if required)|
|Guarantor reference (identity check and preparing a deed of guarantee as part of the tenancy agreement)||£39 per guarantor (if required)|
|Inventory check-in report (tenant’s share)||Minimum £72 to maximum £620 (dependent on the size of the property and whether furnished or unfurnished)|
|Last minute cancellation or change to inventory appointment||£60|
|Deposit||Usually equivalent to 6 weeks rent (8 weeks if you have a pet)|
|Renewal negotiation and paperwork (paid at renewal)||£120|
|Inventory check out (paid at end of tenancy)||The charge will vary depending on the size of the property and whether furnished or unfurnished – min. £72, max. £620|
|Hourly rate (for example, replacing any damaged or broken items, or returning any fixtures or fittings to their original position)||£60 per hour plus any replacement cost|
|Unpaid rent / returned payments||£30 per payment unpaid or returned|
|Interest on unpaid commission or other monies||4% above the base rate of Barclays Bank PLC per annum, calculated daily|
|Stamp duty land tax||This tax is payable on tenancies where the rent exceeds £125,000|
|Housing Benefit Tenants (includes tenant referencing, identity and Right to Rent Check. Contract negotiation, arranging the tenancy, Guarantor reference, and completing HB application form.)||£600|
You’ll also be responsible for all household bills such as gas, electric, water, telecoms, council tax and so on, if you have any questions your local lettings team will be able to help you.
We are leading property consultants specialising in residential sales, lettings & property management.
We currently operate in the UK & abroad with international affiliation offering a global reach and exclusive service to clients around the world.
84 Brook Street, W1K 5EH
T: 020 7698 4433
F: 020 3709 8571
200 High Street, EN3 4EZ
T: 020 8443 3456
F: 020 8443 5456