FINDING A PROPERTY
Our personnel are specially trained and equipped to assist Tenants to find properties to rent that will meet their needs. We maintain a database of prospective Tenants and as properties become available, our first action is to contact waiting Tenants whose requirements match the property. Typically, properties to rent become available about two months before occupancy date, so where possible it is advisable to start looking early.
Having identified a potentially suitable property, we will arrange a viewing. This will be at a time that suits you, subject of course to the Landlord's permission. All viewings will be accompanied by a member of staff, who will be able to provide immediate advice and answer any questions you may have.
OFFER / APPLICATION
Having decided on a property, you will need to complete a written application form. At this time any details or requirements can be provisionally agreed, such as occupancy date, duration of the letting, etc.
On application, a Reservation Deposit will be required. If we or the Landlord decline your application it will be refunded back to you. It will however not be refunded if you decide not to proceed for any reason, or if the tenancy fails to proceed due to incomplete or inaccurate/false information provided in the tenancy application.
We will take references on behalf of the Landlord. Normally these will include your employer, any former landlord and a character reference. We will also require proof of your income and therefore will ask for three months bank statements, showing an income into your account and three months’ payslips from your current employer. In addition, a credit check will be undertaken to assess potential tenants.
Where a Tenant is unable to meet the required income or credit checks, the Tenant
may have a Guarantor agree to underwrite any rent liabilities.
Rents are normally quoted on a calendar month basis. In addition, the Tenant is usually responsible for Council Tax, Water Rates, Gas, Electricity and Telephone costs.
Rents are payable by standing order (unless alternative arrangements are agreed in
advance) to our company bank account monthly in advance, with the first month's rent due before taking occupation of the premises.
A deposit (or 'bond') is required prior to occupation. This is normally equal to one month's rent, but may be more. Where we are managing the property, the deposit will be passed on and held by the Deposit Protection Scheme (DPS) as required by UK law. Where we are not managing the property it will be passed over to the Landlord.
The deposit is held to cover any breakages, damage, or other tenant liabilities. In properties that we manage we will, at the end of the tenancy, check the property in the presence of the Tenant and assess any damages and make deductions from the deposit to cover these damages if necessary.
Please note that the deposit cannot be used by the Tenant to cover rent.
ADMINISTRATION / AGENCY FEES
A fee is due to this company prior to the start of the tenancy to cover the Tenant's share of administration costs. This includes preparation of the tenancy agreement and any legal notices, referencing and credits checks, and check-in and check-out procedures that are required. Where an Independent Inventory Agent is used there may also be a fee from the Inventory Agent for the check-in and check-out. These will be discussed and agreed once you have determined your interest in the property.
To discuss your needs please call us on 020 8903 4555