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Deposit equivalent to one and a half's months rent. Setting up fee of £312.00 (including vat) is charged for the first tenant, additional tenants are each charged an additional £96 (including vat). A fee of £78 (including vat) will be charged per tenancy for the renewal of the contracts at the end of the tenancy term. A check out fee of £78 (including vat) will also be applied if the property is a managed property and is payable at the start of the tenancy.