How much does it cost?
As a landlord, you are not required to pay your current tenant anything before a new Tenancy Agreement is signed and the deposit from the new tenant arrives in your bank account.
After the new Tenancy Agreement is signed and you received the deposit, you will be required to offer a £60 fee, the majority of which will go to your current tenant that did the viewings. The payment will be done through an online payment link we provide. From this sum, £40 will go to your current tenant that did the viewings, while we’ll take £20 to cover our software and advertising costs. A £60 fee has to be paid for each new tenant brought in.