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Initial Fees and Tenant Information

Your experience of renting a property will differ hugely from agent to agent. If you choose to rent through Grants Independent, you will be welcomed by our highly experienced team of lettings experts who will guide you through the process. Here is an overview of the costs you need to be aware of:

Holding DepositOne weeks rent to be deducted from the first month’s rent.
Security DepositEquivalent to 5 weeks rent. If your rent is higher than £4,166 pcm it will be equivalent to 6 weeks rent
Alterations to the tenancy£50 inclusive of VAT
Tenancy Extension / Renewal Fee£90 inclusive of VAT per property for tenancies which started prior to 01/06/2019. Any tenancy commencing after this date, there is no charge
Early Termination FeeUp to the full rental amount due for the remainder of the fixed term
Change of Tenant during a Tenancy£50 inclusive of VAT
Check out Fee£150 inclusive of VAT for tenancies which started prior to 01/06/2019. Any tenancy commencing after this date, there is no charge
Company Let£500 inclusive of VAT

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