At TMS Estate Agents, we always have your best interests at heart. We strive to bring you competitive prices at all times as part of our superior property services.
The marketing fee is 20% of the gross booking. To arrange the cleaning and laundry and also deal with any maintenance issues, we charge a further 10%. If you require TMS Estate Agents to provide a 24-hour emergency service, our fees will increase by a further 5% to 35%. All fees are exclusive of VAT which will be added at the prevailing rate.
The reference and admin fee for the first tenant is £210, inclusive of VAT. Each additional tenant reference and admin fee is £150, inclusive of VAT thereafter. Should you require a guarantor, there is also a £60, fee including VAT to reference them.
There is a £100 holding fee which will hold the property while the referencing is being completed and, upon successful referencing, as well as the landlord’s acceptance, this is used towards the six weeks' security deposit held in a government scheme. However, should your application not be successful, the above fees will not be refunded.
If you are part of a group, each individual member of the group must pass the references. This means that if any person in the group does not pass referencing, then the application fails and none of the tenants will receive a refund. Should the landlord withdraw from the let, the holding deposit will be refunded plus half the referencing and administration fee.