Renting a property

 

Penny & Sinclair, Independent Property Agents, are one of the market leaders in Oxfordshire having acquired an enviable portfolio of properties, and we are renowned for letting some of the finest in Oxfordshire. 

 

Our key focus at all times is that of providing an exemplary level of customer service.  We value our relationship with both landlord and tenant which is testament to our repeat business year on year. 

  


A Guide to our Fees

 

Before you move in:


Application and set-up fees:

 

  • £240.00 incl VAT per applicant
  • £90.00 incl VAT per guarantor (if applicable)

 

The above charges cover referencing for applicable number of tenants, contract negotiation and the arranging of the tenancy agreement.

Minimum of one months' rent is due in advance with the deposit that is equal to 1.5 months' rent. 

Deposits are protected by a Government authorised scheme.  Further information available on request.

Please note that the deposit rises to the equivalent of two months' rent when letting a property with pets.

  


During your tenancy:


  • Tenancy renewal fee £150.00 incl VAT
  • Early termination fee equivalent to 1 months' rent (subject to landlords' agreement)

Unpaid rent/returned payments - interest is payable from the date on which the Rent was due until the date on which the Rent is actually paid.  The interest rate will be 3% above the Bank of England Base Rate.

  


At the end of your tenancy:
 
A check out charge will be payable at the end of your tenancy and the cost will be deducted from deposit. The charge for the checkout report is dependent on the size/type of the property. The report is conducted by a third party independent clerk. This report is compared to the inventory which is prepared prior to the tenancy commencing to establish whether any deductions should be taken from your deposit and is paid for by the landlord.


 
Further information on costs is listed in the table below:


 
CHECK OUT
 

Property Type              Studio  1 Bed  2 Bed  3 Bed  4 Bed  5 Bed  6 Bed
UNFURNISHED               £99       £99     £121    £142    £160   £197    £215
PART-FURNISHED         £106     £106   £132    £157    £160   £197    £257
FURNISHED                     £121     £121   £140    £176    £197   £215    £352
 

Please note all fees are inclusive of VAT at the prevailing rate.

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