Lettings Direct
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Lettings | Direct
Letting Agents and Property Management Specialists
Lettings | Direct - Agency Fees
One of the main reasons people chose a reputable letting agent to help find their next home is to ensure the property is of a certain standard and complies with the current legislation.

As with all reputable letting agents, Letting's Direct does have to make an agency fee to cover all of our costs - however withe Letting's Direct, we do not have any hidden charges as often the case with some agencies:

What does the fee cover?
  • Cost of viewing's
  • Referencing of applicants
  • Setting up the tenancy agreement
  • Securing of the tenancy deposit
  • Ensuring that every property is compliant with current legislation
  • Moving the tenant into the property
  • Move-in inventory

How much is the agency fee?
  • Residential Lettings
We aim to be one of the most competitive agencies and charge £200 (+VAT) for the first applicant
and £150 (+ VAT) for all subsequent applicants - should the Landlord require a Guarantor, then
there is an additional charge of £50 (+VAT). Company lets are charged at £500 (+ VAT) per tenancy

  • Student Lets
For student properties of 4 bedrooms or more we charge an administration fee of £125 (+ VAT) per
student - should the Landlord require a Guarantor, then there is an additional charge of £50 (+VAT)

What additional costs are there?
  • Move-in - agency fees are inclusive and there are no additional fees to pay on move-in,
  • Tenancy Renewal - if the tenancy is renewed at the end of the initial rental term, we charge an administration fee of £95.00 (+VAT) per tenancy to cover the administration and re-referencing of the tenant(s).
  • Check-out - We charge a check-out fee of £95.00 (+ VAT) to cover the cost of the check-out report and dealing with the deposit refund. These fees are per tenancy and not per person.

When are the fees payable?
  • The Agency fee is payable when you reserve a property and this then allows us to process the application and obtain references etc. Renewal fees are paid when the tenancy is renewed and the Check-out fee is deducted from the deposit on termination of the tenancy.

Are Agency fees refundable if I change my mind?
  • Unfortunately, if a tenant changes their mind about renting a property once they have made an application, we can not usually refund the agency fees paid. However if in a Landlord changes his mind, then all fees paid in full are refunded.


A deposit would also be required to be paid and our standard deposit is the value of the monthly rent plus an additional £200. Deposits are subject to referencing and where an applicant is not in either full time employment or able to provide a UK based guarantor, than a larger deposit maybe payable.
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02380 703106
01202 237808
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Head Office:  1 Canute Road, Southampton, SO14 3FH, United Kingdom
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Property Management Bournemouth & Poole
02380 703106
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