Exeter Property

Fees & Charges

Tenants

Students

No fees, £250 deposit per person payable on application

Non student properties

A holding deposit equivalent to one weeks rent will be due once the landlord has accepted the tenants application for a property. Upon successful referencing the full deposit for the property will become due - £300 for a room or bedsit and a sum equivalent to one month’s rent on studios, flats and houses. This will be held in a tenancy deposit scheme once the tenancy is confirmed in writing.

Should the tenant wish to terminate the tenancy before the end of the fixed term (usually 6 months) and this is accepted by the landlord there will be a fee of £40 inc. VAT to contribute to the additional administration.

Landlords

Non student lettings

The management fee is 14.4% (12% +VAT) of the rent received

On each letting there is a charge for the agreement and inventory of £90 inc. VAT on an unfurnished property and £150 inc. VAT on a furnished property

Student lettings

The management fee is 12% (10%+VAT) of the rent received

On each letting there is an agreement/inventory charge of £180 inc. VAT for a property up to 5 bedrooms, £240 inc. VAT for a property of 6-8 bedrooms and £300 inc. VAT for a property of over 8 bedrooms

Let only

The charge is 72% (60% + VAT) of the first month's rent

The agreement charge will be in addition to this at the rates above.

Account summaries

Where landlords request an optional annual summary of their account there is a charge of £90 inc. VAT.