The rental process - our requirements
Every tenant is required to pay a 6 week deposit of the rent, a homeowner Guarantor, first months rent, and admin fee of £350. This fee for tenancy agreements, full photo inventory, deposit protection, credit checks for both the tenants and the guarantor, land registry check, accompanying letters.
1. Property search
Select the properties you are interested in by using our website search facility then contact us to arrange a viewing. In order to secure a property, we recommend viewings are conducted as soon as possible - popular properties let within days or even hours! We accompany every viewing so we are on hand to answer any questions you may have.
2. Reserve a property
Once you have found a suitable property, you will need to reserve it by completing a Tenancy Application Form , Guarantor form, pay the Holding Deposit £100 of the . Subject to acceptance of the offer by the landlord, we will then take the property off the market and commence referencing.
We reserve the right to decline an application for a property. Please do not assume that a submitted application form guarantess a property. In event of a decline we will refund £50 however if you choose to cancel the property yourself whilst held for you than you will not receive a refund of the £100.
Referencing takes approximately 3-5 working days provided the necessary information has been supplied. Your residential, employment and credit status will be confirmed and, where applicable, a landlord reference will also be sought.
4. Tenancy Documents
When referencing is complete, you will be able to proceed with signing the tenancy paperwork. Before you can move in, we will require the first months rent, tenancy deposit and remaining of the fees of £250. The remaining rent is payable by a monthly standing order from your bank account.
We will check you into your new home and talk you through the inventory/schedule of condition, which you must check and sign. If we are not managing the property, the landlord will organise the check in with you directly. Utilities will be notified and the council tax office informed.
Search properties for rent
By law, if you pay a deposit to your landlord or letting agent then they must protect it in a government-authorised tenancy deposit protection scheme. It applies to all landlords and agents in England and Wales who have an Assured Shorthold Tenancy (AST) agreement (the contract) with their tenant.
It was introduced to ensure that you are able to get your deposit back from your landlord or agent when you move out.
We at Reardon Properties ensure all tenants deposits are protected with My Deposits. The deposit is protected in the name of the person who pays it to us for example parents, grand parents, guarantors ect. The deposit is returned to the person who paid it.
We will provide the tenant with deposit certificate and prescribed information at the commencement of the tenancy and again after 6 months when the tenancy is statutory.
You check your deposit has been protected online along with all the information you need as a tenant: http://www.mydeposits.co.uk/tenants