Your lettings negotiator will guide you through the lettings process from registration through to move in. There are some simple steps to follow:
On average it takes 7-10 days for all of the above to be processed.
Our emphasis on building long-term relationships with tenants is what sets Northfields apart from other estate agents. We care not only about matching you with a property that ticks all your boxes now, but about helping you find your next home too.
We appreciate that choosing a new home is a big step so when you rent a property through Northfields we take time to understand your needs (paying particular attention to your travel requirements and lifestyle), acquaint you with the local area and accompany you to every viewing.
The costs listed below include VAT at the current rate of 20%
|Permitted payments for Assured Shorthold Tenancies and Licences||All fees or charges include VAT where applicable|
|Holding deposit||One weeks rent|
|Change of sharer (tenant swap)/addendum to tenancy agreement||£50|
|Interest on late rental payments||3% above Bank of England base rate calculated daily|
|Providing a landlord reference at the end of the tenancy||£30|
|Early Release Charges – if your landlord agrees that you may break your contract||Please check with staff|
|Monies to be paid by Tenants where the tenancy is not an Assured Shorthold||All fees or charges include VAT where applicable|
|Tenancy or Licence||£300/£120|
|Tenancy Agreement / Tenancy Renewal Agreement||£300/£120|
|Reference – each person moving in over 18 must be referenced||£75 per person or company|
|Inventory Check In - a report to note the condition of the property and its contents||This will vary but will range from £135 (unfurnished studio) to £215|
|Change of sharer||£300 per change|
Please note that tenants will be required to pay rent (usually the first month) and a deposit (usually equivalent to five week’s rent) before the start of a tenancy.
It is likely that payment will be required in stages starting with the equivalent of one week’s rent at the time that the offer is accepted on a subject to contract basis.
Moving home can be costly, making it hard to find your deposit, first month’s rent and the other costs of moving. A Zero Deposit Guarantee costs the equivalent of one week’s rent and replaces the traditional tenancy deposit, aiming to make renting more affordable.
Pay less upfront: Free up cash by paying a fee equivalent to one week’s rent
More choice: Zero Deposit gives tenants an alternative to the traditional deposit
Greater freedom when moving: Avoid having to fund a second deposit when moving from one rental property to another
There is an annual admin fee of £26 per tenancy collected every year by Direct Debit from the first anniversary
Zero Deposit is a trading name of Global Property Ventures Limited, the head office of which is at Business & Technology Centre, Bessemer Drive, Stevenage, SG1 2DX (company number 10328435). Global Property Ventures is authorised and regulated by the Financial Conduct Authority and can be found on the Financial Services Register (firm reference number 797026).
The Zero Deposit Guarantee is provided by Great Lakes Insurance SE, UK branch office. Great Lakes Insurance SE is a German insurance company with its headquarters at Königinstraße 107, 80802 Munich. It is registered with the commercial register of the local court of Munich under number: HRB 230378. The UK Branch office is at Plantation Place, 30 Fenchurch Street, London, EC3M 3AJ. Great Lakes Insurance SE UK Branch is authorised by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and subject to limited regulation by the Financial Conduct Authority and the Prudential Regulation Authority.