How much does it cost to secure a property?
There are no “fees” to pay to secure a property. We ask for a holding deposit of one weeks’ rent. If your application is successful, this can be put towards your first months’ rent. This holding deposit is normally refundable, but it is important for you to read the terms and conditions before paying it. Before you move in, you will need to pay one months’ rent in advance and five weeks’ rent as a security deposit.
Do I earn enough to rent?
To pass normal referencing, your annual household income would need to be at least 30 times the monthly rental. For example, for a rent of £1000 per month, you would need to earn £36,000 per year as a household. There are options available if you don’t meet this criteria so give us a call before ruling out a property.
Who can be my guarantor?
A guarantor needs to be a UK based homeowner, who earns at least 36 times the monthly rent per year. Make sure they are aware that they will guarantee you for the entirety of your tenancy, not just the first six or twelve months. A guarantor is legally responsible should you not pay your rent, or should you damage the property.
What if I have pets?
We are very pet friendly, in fact, should you pop along to our office you will more than likely meet our office dogs (and peacocks!). Some landlords are very flexible with pets and others are not so much, so it really depends on the individual property and the type of pets you have. The best thing to do is give us a call and we can talk you through the process.
What happens if I need to leave early?
If you want to leave before the end of your fixed contract and your landlord agrees to this, you will need to cover the costs of finding a new tenant (£300 + referencing) as well as rent and utilities up until the day before a new tenant moves in. This is something you need to think about when deciding what length of contract to have.
Can I make the property my own?
We always want tenants to feel like the property is their home. However, you need to bear in mind that your tastes may not be the same as the next tenant. With that in mind, we ask you to pop in writing any changes you would like to make, and we can get written authorisation from the landlord before you proceed. Part of the agreement may be for you to return the property to its original condition before you leave.