Tenant Fees & Charges
We do not charge tenants any administration or agency fees, ever. As a platform built on transparency and trust, there are never any hidden fees when renting from PropertyLoop.
Landlords reserve the right to charge tenants for the cost of lost keys, fobs or parking remote and a late fee of 3% above the Bank of England's base rate when rent is paid late.
Ending Your Tenancy Early: Fixed term tenancies can be altered upon agreement between you and the landlord. Tenants will be liable for any and all costs, fees and charges agreed upon with the landlord in exchange for them allowing early termination.
Holding Deposit: A reservation deposit equivalent to 1 week's rent will be pre-authorised when making an offer to rent a property. Once the offer is accepted, the reservation deposit will be charged and credited towards the tenants' first month of rent.
Security Deposit: Tenants have the choice of choosing between a security deposit of 5 weeks' rent or a Deposit Replacement Scheme at a one-time cost equivalent to 1 week's rent (+VAT).
For additional details on PropertyLoop's offer process, deposit replacement scheme, or terms & conditions, please visit Renter Terms Of Offer
PropertyLoop is a proud member of the Property Redress Scheme and holds comprehensive Client Money Protection through our ARLA Propertymark membership.