To make a formal offer on a property through Thorgills all applicants are required to make payment of a reservation fee, calculated as one week's rent plus VAT. Should an offer be accepted, the reservation fee is used to cover all applicant administration costs and is non-refundable should the applicant withdraw from their offer. Should the offer be rejected then the reservation fee is refundable.
The administration fee payable is to cover the cost of producing the tenancy agreement, all professional referencing, credit checks, deposit protection (should it be needed) and other general administration required. Thorgills charge a renewal administration charge of £150 + VAT (£180 inc VAT) per new renewing tenancy.
Thorgills are members of the Property Ombudsman, use the Deposit Protection Service to hold client deposits and do not offer client money protection.