A: Our membership fee amounts to the value of one week’s rent for your accommodation or £120 + VAT, whichever is greater. This will be split evenly between the tenants.

As with a deposit, tenants remain liable to pay for any lawful charges at the end of the tenancy.

Example 1:

If Paul, the tenant, would like to rent a property costing £200/week (£867/month) with flatfair, the membership price will be £200 + VAT which is the equivalent of one week's rent + VAT:
 
Weekly rent: £200.00
Monthly rent: £867.00
Membership fee (without VAT): £200.00
Membership fee (including VAT): £240.00

Example 2:

If Sam, the tenant, would like to rent a property costing £90/week (£390/month) with flatfair, the membership price will be £120 + VAT rather than the equivalent of one week's rent + VAT:
 
Weekly rent: £90.00
Monthly rent: £390.00
Membership fee (without VAT): £120.00
Membership fee (including VAT): £144.00

Did this answer your question?