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What fees will I be expected to pay should I rent a property through Knights?

Once you have decided on a property that you would like to take, Knights will provide you with a Tenant’s Information Guide which will outline all fees that will be applicable.

You will also be give information relating to the property you intend to rent, including agreed rental price, deposit value and allocation. Set up fee (tenant’s share) – £420.00 (inc VAT))

Referencing up to two tenants (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers / landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement

Additional Tenant Fee – £210.00 (inc VAT) per tenant

Processing the application, associated paperwork and referencing

Guarantor Fee – £72.00 (inc VAT) per guarantor (if required)

Covering credit referencing and preparing a Deed of Guarantee as part of the Tenancy Agreement

Permitted Occupier Fee – £60.00 (inc VAT) per permitted occupier

Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy

Accompanied Check-in Fee – £48.00 (inc VAT) per hour or part there of

Preparing an Inventory and Schedule of Condition of the property, explaining how appliances function and taking meter readings for utilities and services


Amendment Fee £60.00 (inc VAT)

Contract negotiation, amending terms and updating your tenancy agreement during your tenancy

Renewal Fee (per tenant) £108.00 (inc VAT)

Contract negotiation, amending and updating terms and arranging a further tenancy and agreement


Check out Fee (tenant’s share) £114.00 (inc VAT)

Attending the property to undertake an updated Schedule of Condition based on the original inventory and negotiating the repayment of the security deposit(s)

Future Landlord Reference Fee £30.00 (inc VAT) per reference request

Collating information and preparing a reference for a future landlord or letting agent


Late Rent Payment Fee: £42.00 (inc VAT) per month until paid

If payments are received by individuals then this fee is charge to each individual outstanding rent past their rent due date.

Lost Security Items £48.00 (inc VAT) per item plus item cost

Obtaining necessary permissions, sourcing providers and travel costs

Out of Hours Services £48.00 per hour (inc VAT) plus any actual costs incurred

Where actions of the tenant results in the agent (or nominated contractor) attending the property, time to remedy the situation is charged at the hourly rate Unpaid Rent / Returned Payments – Interest at 8% above Bank of England Base Rate from date due

Professional Cleaning (if required) £30.00 (in VAT) per hour which will be deducted from the Security Deposit

Only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy.

Professional Carpet Cleaning (if required) £48.00 (in VAT) per room which will be deducted from the security deposit

Only charged where professional cleaning is necessary to return the property back to the same condition as at the start of the tenancy.