You may or may not be aware the almost all letting agents charge an administration fee to prospective tenants. In Hull this fee ranges from between £100.00 to £250.00 depending on which company you want to rent through. The fee covers the costs of referencing the applicant(s), generating a photographic inventory and producing the paperwork and contracts required to commence a tenancy. Ultra Lets admin charge is £200.00 including VAT which is fully refunded if the applicant is not accepted. Most agencies keep this fee regardless. This makes our properties a better value, fairer option for house hunters.