The Tenancy Process
How long is a typical let?
Most Landlords require it to be a minimum of six months, although longer fixed terms may be available by negotiation. At the end of the fixed term, the agreement becomes a periodic tenancy, which continues on a month by month basis, on the same terms and conditions of the original agreement, until such time as either you or your landlord serve notice.
We will normally ask for a reference from your employer (or accountant if you are self employed), previous landlords reference and sight of your past 6 months bank statements. We will also require proof of I.D. and residence by way of your passport and a utility bill.
You do not pay introductory fees but there will be certain costs for you to cover for administration including the preparation of the tenancy agreement and taking up references. This is called our administration fee.
Normally at least a month’s rent in advance and the equivalent of a month to a month and a half’s rent to be held as a deposit against damage and dilapidation’s (and the administration fee noted above).
The tenant usually pays the utility bills such as gas, electricity, water and telephone during the course of the tenancy, TV. License, etc; and the Council Tax applicable to the property.
three to seven working days to take up and confirm references, clear your
funds covering the first rent period and the deposit. With properties from
our managed portfolio, we will also arrange for the inventory/schedule of
condition and the transfer of utility accounts into your name. We will not allow
possession of any property until all necessary paperwork, references, proof
of identification etc have been received and approved