Tenancy Fees

Referencing and administration 
Once we have found you your perfect property, the following fees apply. Charges include VAT. For full details on each set of fees, click the links below. 

Full details of any other charges associated with your tenancy or the property will be outlined in your tenancy agreement. Please ask your consultant for further details on the charges applicable to your specific tenancy. 

Making an offer
Our lettings consultant will put forward your offer to the landlord. Essential Information required to assess the offer are as follows:

• Proposed Rental Offer
• Payment frequency, monthly (if APT), quarterly or longer by arrangement (if NHA)
• Move in date
• Length of contract (NHA)
• Tenant name, (company or individual)
• Special Conditions of Offer

The consultant will then contact the landlord on your behalf and put your offer to them. If the offer is agreed it is subject to contract, receipt of satisfactory references and cleared funds at the commencement of the tenancy. 

Terms agreed
Under the Money Laundering Regulations 2017 and the Proceeds of Crime Act 2002, professional real estate agents must gather specific information about their contracting parties (as well as those who represent, own, control and manage them) and the proposed transaction or services. The law requires you to provide accurate and complete information. Please click here for a list of required documents.

Referencing

In order to obtain references JLL will use an independent credit reference agency. You will be asked to complete an application form which mainly consists of your personal details, employment details and details of your previous Landlord where applicable.

It is important to note, should you be studying in the UK, we will require confirmation from the education establishment along with details of a UK based guarantor. If for reasons of study or finance you need a UK based guarantor they will also need to complete a credit reference form. We know that not everyone has someone in the UK who can act as one, so we may offer Guarantor+ as an alternative. Guarantor+ is a professional guarantor solution provided in partnership with Zero Deposit. It allows tenants to move forward with a property without needing to find a traditional personal guarantor. If Guarantor+ is offered as part of your application, the process is straightforward. You’ll be invited to complete a quick online assessment and, if approved, you can arrange the guarantee digitally. Once it’s in place, we can continue progressing your tenancy. It’s designed to keep things moving without the delays that can sometimes occur when arranging a personal guarantor. For more information, click here.

Tenancy paperwork
An agreement to let the property will be prepared; this forms the basis of the legal obligations and contract between all parties to the agreement. Please take time to go through the tenancy agreement and ensure that all the details are correct and all the terms included in the body of the contract are fully understood. Each party will be asked to sign a copy of the agreement.

Initial costs
An initial invoice will be sent to you consisting of a breakdown of what is required in cleared funds prior to the tenancy commencing. This will consist of:

• The first payment of rent (either monthly, quarterly or longer by arrangement)
• The deposit (typically the equivalent of five to six weeks rent)

It is vital that the initial monies are received by JLL as cleared funds on signing the agreement (APT) or prior to the commencement date of your tenancy (NHA). Under the RICS codes of conduct we are unable to take any form of cash.

Deposit monies
As members of the Tenancy Deposit Scheme, JLL will hold the deposit as ‘stakeholder’ for the duration of the tenancy in a separate client account. Your deposit is protected under the terms of the Tenancy Deposit Scheme. At the end of the tenancy the deposit is refundable to you once we have received both parties written consent for any deductions under the terms of the agreement on occasion our Landlord’s will prefer that they hold the deposit in one of the approved tenancy deposit schemes. You will be notified of this prior to the tenancy commencing. Further details of our membership with an approved tenancy deposit scheme can be found at www.thedisputeservice.co.uk

Please note JLL collect five or six weeks rent as a deposit (depending on whether the annual rent is above or below £50,000) and we are unable to refund the deposit monies at the end of the tenancy until we have both parties written consent to do so.

Tenancy paperwork
Once all the legal and financial arrangements have been met, you will be asked to meet the inventory clerk at the property. The inventory clerk will go through the property with you and assess the schedule of contents and condition of the property. Keys will be handed over to you at this stage. 

You will receive a signed and dated copy of the Landlords tenancy agreement along with a copy of the inventory report for your records. If we are managing the property then the designated property manager from the JLL team will introduce themselves and provide you with a welcome pack and their contact details.

Read our draft Tenancy Agreement here
Read our draft NHA Tenancy Agreement here
Read our draft Company Tenancy Agreement here
Read our End of Tenancy Guide here