Rents
Rents are normally quoted calendar monthly, and payable monthly in advance. The tenant is usually also responsible for Council Tax, Water Rates, Gas, Electricity and Telephone costs as well as TV licenses. All rents are payable by bank standing order to our company bank account.
Fees
Fees are charged to cover administration and referencing costs, a proportion of which is refunded if the tenancy does not proceed.
Reservation Fee
Once you have decided on a property, you will need to reserve it by paying a 'reservation fee'. Assuming that the tenancy goes ahead, this will be deducted from the monies due before you move in. If the landlord declines to grant the tenancy, it will be refunded. However the reservation fee will be forfeit if you decide not to proceed for any reason, or if you fail to provide complete and accurate information in your application.
Deposit
A deposit will be paid by the tenant to to cover damage, breakages, and any other liabilities under the terms of your tenancy agreement. Please note that under no circumstances can the deposit be used by the tenant to cover rent. Deposits held under a Assured Shorthold Tenancy Agreement are held by The Deposit Protection Service in a custodial scheme and covered under the Tenancy Deposit Protection Scheme in accordance with the Housing Act 2004.
References
As a minimum we will require satisfactory references from your employer (or college), and a previous or current landlord. We may also require a personal reference, and sometimes a guarantor. In addition a credit check will be undertaken. We may use the services of an independent referencing company to obtain and evaluate these references.