Cost of renting a property

Far too often as a tenant you find the property you want to move into, and then discover a whole host of unexpected hidden costs. This is irritating at best – at worst they could push your move to the brink of affordability.

At TwoCan we are determined make things as fair and affordable as possible, whilst covering the cost of providing our service.

Below are the standard costs for TwoCan to negotiate your move into a rental property, plus a list of possible additional costs if things don’t go according to plan. All these costs include VAT.

Standard costs to get you in

  • One month’s rent in advance
  • Six weeks’ deposit (refundable) ?
  • Tenancy administration fee  £48 per adult
  • Credit referencing fee  £48 per adult

Possible additional costs

  • Each extra credit reference  £48
  • Each guarantor reference  £48
  • Six monthly tenancy renewal  £36
  • Early release from tenancy?  £299
  • Loss of keys ?  £60 / £180
  • Reprint of tenancy agreement  £18
  • Rolling monthly contracts ?  £18 per month
  • Late payment fee  £5 per day
  • Telephone call/late payment/text follow up  £18
  • Standing order failure administration charge  £30
  • Check-out fee  £45