Tenant Fees
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What fees can I expect to pay if I rent a property with Lucas Grant Lettings
When you have agreed on the property of your choice, Lucas Grant Lettings will provide you with a Tariff of Charges for Tenants Declaration. This helps explain not only the next stages of your application and any fee which is due before you sign your Tenancy Agreement, and any fees which may become payable during the tenancy. This will also include confirmation of the agreed rent and the security deposit. For your information in the majority of cases Lucas Grant Lettings will protect your security deposit with DPS, a tenancy deposit protection scheme. This is subject to your landlord's terms and conditions.

At any time you are interested in a property, just ask the branch staff about any fees which may be payable.
“Our aim is to make sure the application process runs
smoothly. We know it can be a stressful
time moving home.”
Lucas Grant, MD
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landlords leicester
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TENANT FEE
Tenancy set up (up to 2 people) £300
Additional person £70
Additional fees which may be applicable to some tenants
Guarantor £70
Permitted occupier £70
Amendment fee £70
Renewal fee £85
Check out fee £50

Tenant fees are calculated on individual circumstances and are subject to VAT at the prevailing rate. If you are unsure what fees may apply to you do not hesitate to ask a member of staff at any branch.
What is the tenancy set up fee?
The tenancy set up fee includes the cost of referencing, which will cover checking your credit status, previous employer, current or past landlords, and taking into account any other information to help assess the affordability of your tenancy application. The fee also includes providing a Tenancy Agreement and protecting your security deposit with Deposit Protection Scheme. 
When do I pay the tenancy set up fee?
After a viewing and when you have decided to apply for the property. We will provide you with a Tariff of Charges for Tenants Declaration form which lists the services we provide and the fees that are payable. You will then be asked for your tenancy set up payment, which will be offset against the total amount payable on the day you sign the tenancy agreement and move into your new home. 

Any additional fees that may be applicable to you, for example a guarantor fee, will be paid on application or when an indication that one is required.

What other fees may be payable before I can move into the property of my choice?

Additional Person

Guarantor

Permitted Occupier

This covers the cost of processing the application and associated paperwork for any additional applicants.
Depending on the outcome from your application from the referencing company, your earnings or overall financial position may require you to provide a Guarantor. This fee is payable in respect of each Guarantor to cover credit referencing costs and providing a Deed of Guarantee as part of the Tenancy Agreement, which details their obligations as a Guarantor.
This is a person approaching, or over the age of, 18 who will not be permanently residing at the rented property. This only applies in very specific situations and then only with the landlords consent. The administration costs include supplying the relevant documentation that explains in more detail what it means to be a permitted occupier.

During the tenancy, we offer these additional services:

Amendment fee

Renewal fee

Check out fee

May be applicable if a change to the tenancy is required mid term. This may be due to a change in personal circumstances such as a change of name.
This is the cost of preparing a new Tenancy Agreement and negotiating with your landlord for a further fixed term tenancy. Extending your tenancy, if agreed by your landlord, gives an assurance of staying in the property for a further fixed period, and avoids the uncertainty of a landlord serving notice at any given time.
Some landlords ask Lucas Grant Lettings to produce an inventory for their property before the let. Where this applies, you will be liable for a check out fee when the inventory company carries out their inspection at the end of the tenancy. If applicable, the check out report forms an important part of how the return of your security deposit is arranged.