Category: Lettings FAQs
Posted in 16th August 2022 by Thomas Williams
Once you have found a suitable property with us, all persons aged eighteen or over will be required to complete our application process. This involves a credit check; an employer’s reference and/ or verification of your income/affordability; current or previous landlord reference and verification of your ID. In some circumstances, a guarantor will be required, and they will be subject to the same application process.…
Posted in 16th August 2022 by Thomas Williams
Except as stated below, no application fees or any other fees are payable by tenants and guarantors in respect of any tenancy. Therefore, there are no check-in fees, check-out (or ‘exit’) fees, administration fees, inventory fees, or guarantor fees payable by tenants or guarantors. In addition, no charges are payable by tenants to change a joint tenancy agreement to reflect a change of sharer should one tenant leave and be replaced by another.
However, fees may be charged for:
…
Posted in 16th August 2022 by Thomas Williams
We do not charge tenants, guarantors or prospective tenants or guarantors for credit checks. However, at the discretion of either the landlord or us as agent, an applicant or a guarantor may be required to obtain his or her own credit report at his or her own cost.…
Posted in 16th August 2022 by Thomas Williams
On receipt of an offer of a tenancy, the applicant will be required to complete and sign the tenancy agreement within 14 days and to pay a holding deposit (one week’s rent). This will go in its entirety towards the first month’s rent.…
Posted in 16th August 2022 by Thomas Williams
There is a right to retention to the holding deposit for failing to enter a tenancy agreement in that should a tenant choose not to enter a tenancy agreement, or fail to take reasonable steps to enter a tenancy agreement, a landlord or agent may be able to retain the holding deposit. This right to retention becomes live 48 hours after having paid the holding deposit.
Reasonable steps would include providing the information a landlord or agent would require to …
Posted in 16th August 2022 by Thomas Williams
If a guarantor is required, the guarantor must sign and complete a declaration within the same time period.
The first month’s rent and the deposit must be paid at the same time as the tenancy agreement
is signed. Keys will not be released until:
- all funds, including the deposit, having cleared; or
- the start date of the tenancy.
Rental payment is still due for any part of the tenancy when the keys are withheld due to late clearing of the …
