Guide to Renting a Property for Tenants
When you have found the property that you would like to rent you will need to fill in an application form with Lawrence Rooney Estate Agents. All applicants will be asked to fill out an application form. Please ensure that all sections of the form are completed. You will also have to pay a reference fee of £150.00 inclusive of VAT per tenant. When we have received both your application form and reference fees the property will be reserved for you whilst reference checks are completed.
Tenants Reference Fee
We ask you to pay this fee to cover the costs of a contribution to prepare the tenancy agreement and costs of references for your credit status, employers reference, current and past landlords reference and all other references that may be necessary to help assess the affordability and suitability of your tenancy and application. The fee is payable at the time of submitting the application. The reference fee is £150.00 inclusive of VAT per tenant. Please note that if your applications fails or is withdrawn by yourself, the cost is non refundable.
If you are a unemployed or a student you will need a guarantor. You may also require a guarantor should your income fall short of the required figure. To determine this, check that your annual salary is at least 30 times the monthly rent. For example a rent of £550pcm would require a minimum of £16,500 annual salary. Each guarantor will need to complete an application form and be referenced before a tenancy can be considered. The guarantor will also have to sign the deed of guarantee before the tenancy can proceed. Guarantor application fee is £60 inclusive of VAT.
Some landlords may put restrictions on the following:
Pets, Smokers, Housing Benefit and Students
It usually takes a minimum of 7 - 14 working days before you will be able to move into your property. We will do our best to accommodate your moving date however,no guarantees can be made. We will notify you as to whether your application has been successful. Once your application has been approved, we will agree a move in date..
First Months Rent and Bond
The first month’s rent and the bond must be paid before the keys can be released. Your initial payment can only be made by BACs or card payment.
You will also be asked to complete a standing order mandate for the monthly rental payments. This will be payable each month in advance and will be collected on a set date as stated in the tenancy agreement. For joint or multiple tenancies, only one mandate can be accepted.
Tenants Content Insurance
The Landlord is not responsible for insuring any of your personal belongings. Therefore we strongly recommend that you obtain contents insurance. If you would like a free, no obligation quotation please ring Lawrence Rooney Estate Agents on 01772 614433.
Where Lawrence Rooney Estate Agents is not responsible for the management of the tenancy, you will be given the Landlord’s contact details in case you need to report any maintenance problems.
Lawrence Rooney Estate Agents will ring gas, electricity and water suppliers notifying them of meter readings at the commencement of the tenancy. We will also write to the local authority for council tax purposes.