Costs and charges for tenants
We are up-front with our fees and charges so you don't get a nasty shock when you find your perfect home.
We find homes for a variety of tenants, across the UK, most of whom have had very little advice or information on their rights or tenancy law. Our role goes beyond showing you properties. We explain your tenant rights for example, prior to renting. We can do this over the phone, via email or in person, in a number of languages, so contact us and we will be happy to help.
The rental process
We may find and rent a property to you within a matter of days, so you need to understand the rental process before finding a private property to rent. To protect both tenant and landlord rights you will have to go through a series of checks, referencing and sign tenancy agreements. We always want you to rent or buy through us, so we don’t just organise viewings; we help you at every stage of the complex rental process, including making and negotiating an offer.
Once you have received the best housing advice on renting, our lettings experts can provide you with a detailed tenant guide, ask for this from your local office.
Costs of renting a home
There are three types of costs you need to budget for when renting a property. The first is the cost of renting a home from a letting agent; the second, the bills you have to pay on top of the rent. The third to budget for is the deposit you will have to pay - usually the equivalent of between 6 to 8 weeks rent. Not all letting agents or landlords will explain costs up front but we believe it is important to be clear from the start.
Our tenant charges
Working with you to find a property that matches your needs is a free service we carry out on behalf of our landlords. Once we have found a home for you to rent, our charges are:
|Reference checks per person (by independent specialist)||£36 (inc VAT)|
|Reference checks for a guarantor (by independent specialist)||£36 (inc VAT)|
|Contribution to tenancy agreement||£240 (inc VAT)|
|Inventory check (paid at end of tenancy)||Dependent on size of the property|
|Extension and renewal documentation (paid at renewal)||£120 (inc VAT)|
Other bills, over and above your rent, will be explained for each individual property by one of our lettings experts.
Head of Lettings
Savills Sloane Street
139 Sloane Street
Head of Lettings Customer Relations
74 High Street
Prime London average rents restored to peak levels, but growth is not uniform
29 July 2014
Stronger economic sentiment and a more buoyant employment market have translated into increased corporate budgets and a pick up in the prime lettings market in the first half of 2014, finally restoring average prime London rental values to their 2007 peak.
Corporate relocation asserts its dominance as a key driver of London’s prime rental markets
15 July 2014
Almost half of all tenants in prime London are renting due to employment relocation, demonstrating the increasingly important role of corporate demand in the prime rental markets across world cities.