Tenants - No Fees Payable

*IMPORTANT NOTE – HOBARTS HAVE A DUTY OF CARE TO OUR CLIENT LANDLORD(S). ALL TENANCY APPLICATIONS ARE SUBJECT TO ‘RENT AFFORDABILITY’ REFERENCE & RIGHT TO WORK CHECKS. (if applicable)

MONIES REQUIRED IN ADVANCE OF TENANCY COMMENCEMENT

1. HOLDING DEPOSIT equivalent to one week’s rent. N.B. Your deposit will be forfeited if the information you provide is incorrect of you fail ‘rent affordability’ checks.
2. DAMAGE DEPOSIT EQUIVALENT TO 5 WEEKS RENT
3. THE BALANCE OF ONE MONTH’S RENT IN ADVANCE

*IMPORTANT NOTE - THE BALANCE OF CLEARED FUNDS MUST BE PAID WITHIN 2 WORKING DAYS OF TENANCY COMMENCEMENT DATE OTHERWISE YOUR TENANCY MAY BE DELAYED.

Landlords - Fees Payable

FULL PROPERTY MANAGEMENT 13.5% PLUS VAT (of annual rent)

LET & RENT COLLECTION 10% PLUS VAT (of annual rent)

LET ONLY 8.5% PLUS VAT (of annual rent)

NOTE – Renewal fees apply to all tenancies, please refer to the Hobarts Terms & Conditions of service for the breakdown.

*IT IS A LEGAL REQUIREMENT THAT ALL LET PROPERTIES COMPLY WITH.

• LOCAL AUTHORITY LICENSING (HMO & SELECTIVE)
• FURNITURE & FIRE REGULATIONS
• GAS SAFETY
• ELECTRICAL SAFETY

*IMPORTANT NOTE – LEGISLATION IS CONSTANTLY BEING UPDATED THE ABOVE LIST IS NOT EXHAUSTIVE AND IS JUST A SAMPLE OF WHAT MAY OR MAY NOT APPLY TO YOUR OWN PROPERTY.

ALL TENANCY’S SHOULD HAVE A LEGALLY BINDING PHOTOGRAPHIC INVENTORY SIGNED BY ALL PARTIES PRIOR TO COMMENCEMENT.

PLEASE DISCUSS YOUR REQUIREMENTS WITH YOUR LOCAL OFFICE/VALUER