I have found a property I want, what now?
A £200.00 non-refundable holding fee must be placed in order to secure the property. This can be paid by bankers draft, building society cheque, (please take out personal chq) cash or debit or credit card (2.5% charge). This payment will be credited against your initial invoice prior to moving in. You will then be given application forms for each individual that will be living in the property (those 18 years and over). These forms must be returned to the office within 48 hours. If the forms are not returned within this time we reserve the right to put the property back on the market.
Your application forms will then be processed. You can expect a decision to be made within 5 working days, subject to fully completed application forms and all references being received.
Once all of the relevant references have been received and the Landlord has accepted your application, we will confirm all tenancy detailsin writing. You will be required to come into the office on your intended move in date to sign the tenancy agreement and pay the remaining balance. A breakdown of what you will be expected to pay is below:
|Rent in advanced (managed by us)||Apportioned rent subject to move in date, minimum of one months rent|
|(not managed by us)||Six weeks rent|
|Security Deposit||Equivalent to one months rent, plus £100
An extra £100 is added for each pet; The security deposit is only refundable at the end of your tenancy as long as the tenancy has been satisfactorily conducted, and is subject to a final check on the property.
|Administration fee||£200 plus VAT (£235.00)|
|Referencing fee||£25 plus VAT (£29.38) per tenant|
|Guarantor referencing fee||£50 plus VAT (£58.75) per guarantor|
|Contents Insurance||Cost to be confirmed|
Minus your £200 holding fee already placed
The above balance must be paid in full prior to or on the day of your move in. It can be paid by debit card, bankers draft, building society cheque, personal cheque (allow 10 working days for this to clear), bank transfer (please check with your bank to ensure we will receive the funds by your move in date), cash or credit card (2.5% charge).
It is your responsibility to ensure that your possessions are adequately insured against loss or damage. Unless you provide us with a valid certificate of insurance or confirmation of a policy purchased prior to your move in date then this cost will be added to your invoice.
If you become a tenant of one of our properties your security deposit will be protected by The Dispute Service, unless you are told otherwise. You will receive details of this when you sign your tenancy agreement. Our Assured Shorthold Tenancies will usually be for a minimum of six months, unless it has been negotiated otherwise. Rent must be paid monthly by standing order