Tenants

Tenant Info

Tenant

Thinking about renting a property? Here’s a little advice to get you started.

Do some research and work out the ideal area that you’d like to rent a property in, bearing in mind what’s most important to you, i.e. transport links, schools and access to work and make these the focus of your search.

Be sure to share your list of ‘must-haves’ and ‘nice-to-haves’ with the local estate agents so they can start working for you.

Dealing with the estate agents

Find a local agent that’s marketing the sort of properties you’re looking for in the preferred area and register with them giving all your contact details. Bear in mind that the lettings industry moves fast so you have to be on the ball. Try and be as clear as possible about what you’re looking for and if you need a property urgently, make sure the agent knows.

Viewing properties

When it comes to viewing properties you need to as available and flexible as possible for viewings. As we said before things move fast and when a good property becomes available there’s a race to view and often it will be gone very quickly. You should expect to view within 24 hour of being notified about a property, if you want to be in with a chance of securing the best properties.

Don’t necessarily be put off by details in the property. If you don’t like something about the property have a chat with the agent as we encourage our landlords to be flexible and accommodate tenant’s requests whenever possible.

Final arrangements

If you’ve come to an agreement on renting a property, you will need to hand over your deposit. The agent will be responsible for putting your deposit into an approved tenancy deposit holding scheme and you will be provided with the details and should ensure that you keep this information safe.

All estate agents will need to conduct security checks on behalf of the landlord, so will need to have details of any previous addresses to hand and you will need to provide referees, such as your employer and should let them know to expect a reference request.

Fees and Charge

Tenant

Holding Deposit:

  • One week of the agreed monthly rent

In order to reserve a property a payment equivalent to one week of the agreed rent must be paid. This payment will towards your first month’s rent, however please see below reasons to why the holding deposit may not be returned:

  • If the requirements to the right to rent checks are not met.
  • If referencing checks are not complete within 15 days of receipt.
  • Provides Saxons with false or misleading information which you can reasonably consider when deciding to let a property – this can include a tenant’s behaviour in providing false or misleading information
  • If the tenant pays a holding deposit on a different property.
  • If the tenant withdraws from the property

Surrendering your Tenancy (with landlords’ permission):

  • One month’s rent plus VAT, plus £300,00

Fee charge to the tenant for leaving the tenancy during a fixed term tenancy to cover landlords reletting costs.

Amendment Fee:

£50.00 inc VAT

Amending any documents already set up, i.e. Tenancy agreements

Loss of Keys/ Replacements Required:

· £35.00 plus cost of keys

Obtain relevant permission and duplicate keys

Late Payment of Rent

3% above bank of England base rate

Once a tenant is more than 14 days in rent arrears

When you’ve moved in

Ensure that you have all the contact details for whoever is managing your property so you know who to get in touch with if anything goes wrong. At the same time, look after the property as if you owned it as this minimises the likelihood of disputes over damage at the end of the tenancy and remember to insure your personal items.

Moving out

It’s always advisable to leave the property in great condition and take all your belongings to avoid losing part or all of your deposit.

For more information on our residential property management services call 01206 517 777 or email info@saxonsrentals.co.uk